Detailed text transcripts for TV channel - CNN - 20110122:18:16:00
Wednesday, his view was for the u.s. to compete in the global economy it has to have an export, a manufacturing and export-led strategy. and that's with a we've seen, not just china do but actually if you look at around the world, which is the western industrialized country faring the best, the answer is germany. and the germans, you know, for decades have had a real focus object export-led growth. so i think we're going to hear that from the white house. >> although they've lost their top spot to china now and the reality is unskilled labor in china costs less than $1 an hour. tell mep if tha...