Detailed text transcripts for TV channel - CNN - 20100219:18:42:00
After they've laid off 8 million people, now they're growing with fewer people. so, they're making profits, but they haven't started hiring yet. our challenge is how do we get businesses to start hiring again? now, some of the jobs, i'll be honest with you, are probably not going to come back. and the reason is because people have installed new technologies or they set up new systems, where they can do more with fewer workers. that's why it's so important for us to invest in new industries and new technologies. i'll give you an example. we were talking about autos before? do you know that befo...