far more open than the united states, than any latin american economy, along with chile, and similar to most economies. the sum of experts and imports over gdp is one the highest they are over 50%. we're a country where tourism is enormously important. it's the number one generator of hard currency and the number one employer in mexico. where remittances for mexico immigrants aboard are a very important source of currency. also by the way, the country where there are more u.s. nonmilitary narcotics living than any other country in the world. around a million americans live in mexico, which is more than any place else in the whole world. this open economy which has been a good thing by and large. not as many as people thought it would be. perhaps not as beneficial as many expected. but it's ban good thing in general terms. but it's also very much concentrated with the states. with the united states. 90% of our experts go to the united states. 90% of our oil goes to the u.s. 90% of the tourist that visit mexico come from the u.s. and so on and so forth. obviously, all of our immigrants

phar-mor open than the united states, many latin american economy, and similar to more european economies. some exports and imports over gdp is one of the highest that there are to more than 2%, a country where tourism is enormously important. the number one generator of hard currency and the number one employer where remittances from mexican emigrants abroad is a very important source of currency. also, by the way, in a country where there are more u.s. non-military nationals living than any other country in the world. around a million americans live in mexico which is more than anyplace else in the whole world this open economy, which has been a good thing by and large, not as good as many people thought it would be, and, perhaps, not as beneficial as many expected, but it has been a good thing in general terms. it is also very much concentrated with the united states. 90 percent of our exports go to the u.s. 90 percent of our oil goes to the u.s. to be 90 percent of the tourists that visit mexico comes from the u.s. and so on and so forth. obviously all of our immigrants are in the u.s

economy. the administration as focused on smaller ideas like streamlining corporate taxation in increasing american exports to asia and latin america. jeff in florida on the republican line. where is ovedo, florida? caller: down near orlando. host: what the the washington's role should be? >> , i think what we -- if we look back with obama talk about when he first came into office we knew and understood first of all what was the issue we were dealing with common which was the housing market and the downturn more so than anything. after getting into office -- the number one, they did absolutely nothing to address that other than giving an influx of money to the banks, which was part of the problem. it and the people and about not getting anything, getting stuck with housing. and at the same time -- but the banks did absolutely nothing to address the issue. even today, most banks would not even sit down with a most individuals to work out a deal so they can stay in the house or at least deal with interest rates. what washington needs to do, in my opinion -- it is not about republican and democrats. when you focus on just repu