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Detailed text transcripts for TV channel - CNN - 20110212:18:22:00

technology revolution. but the middle class is getting squeezed. they are stagnating. unemployment is real. >> robert, there's this feeling, this sneaking suspicion that american workers are delinked with success of corporate america and american business. is that true and is it permanent? >> well, it's certainly true. and it's certainly the result of the business model that american business currently pursues and is abetted by the trade policy practice by both political parties, which is to say make whatever deals you can make with whatever countries are offering you subsidies, low-wage workers, a little bit of arm twisting as the chinese do, and if you can prosper from that, god bless you. in the '50s engine charlie wilson, the head of gm, was ridiculed for saying what's good for gm is good for america. there was some truth to that in those years. i'm not sure you can say what's good for ge is good for america

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