Detailed text transcripts for TV channel - CNN - 20110124:09:07:00
Financial crisis >> we're not less capable as a people as a nation. we had a shock to -- we made a bad mistake thinking housing was worth more than it was. >> reporter: the housing crisis limited people's ability to find work. >> if you have an underwater mortgage it's difficult to sell a house period in this economy. if you want to get a promotion, start a new year and house is 30% underwater your options are much more limited. >> reporter: economists in this camp insist as the economy heals and demand returns so will jobs even in hard-hit areas. ford's announcement it will hire 7,000 people ...
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