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Mayor Virg Bernero was invited on CNN's Your Money to talk about how people are dealing with unemployment when it looks like there are no jobs coming back. I don't think Bernero's response was exactly the one they were looking for. Give 'em hell Virg.

VELSHI: The number of people getting jobless benefits in the United States tops 6 million for the first time this week. When the economy recovers the jobless rate should go down, but that 6 million people is even deceiving because that's the number of people getting jobless benefits and there are a whole lot of people who have been unemployed for so long they are just not getting benefits.

ROMANS: Right. People who have completely dropped out of the labor market as well, who have just sort of given up.

And frankly, some jobs especially in the manufacturing sector, there's a lot of concern that some of those jobs won't come back and there's even kind of an argument from people who say well those jobs aren't coming back so let's talk about innovation and something else.

We wanted to ask someone who has been dealing with this directly, what to do when your jobs are gone. Virg Bernero is the mayor of Lansing. Welcome to the program.

VIRG BERNERO, MAYOR, LANSING, MICHIGAN: Welcome -- hello, good to be here.

VELSHI: Let's talk about this. You are the mayor of Lansing. Michigan is clearly the state with the highest unemployment rate and there have been so many jobs lost and I just want to give our viewers a sense of this, back in 1999 the unemployment rate in the state of Michigan was 3.9 percent.

It went from 3.9 percent to 7.6 percent almost ten years later in 2008. By 2009 the state of Michigan has an unemployment rate of 12.6 percent and Lansing has a higher unemployment rate than that. Tell me your situation.

BERNERO: We are challenged. It's tough, but we are not alone. We're not unlike a lot of industrial cities. I've formed a group with other mayors the Alliance for the Automotive Coalition and other manufacturing mayors. We are hurting, there is no question about it and we do not accept that manufacturing is over because we think that manufacturing is key to the economic future of this country.

Our industries were in transition and General Motors we're a GM town, proudly so, we created a the Cadillac CTS motor trend car of the year last year and we know how productive and capable our people are and the great products they can produce, but we're in a global environment and we're in a free trade environment that has been created by Wall Street and Washington.

So our people struggle to compete and to win in that global economy, and I'm afraid that it's a race to the bottom. There's something wrong, I tell you, when you can produce great products and yet still, not be quote, unquote, competitive enough to win in this global economy.

ROMANS: Mayor you have been a big critic of free trade agreement and you blame some of these free trade agreements for the situation we're in now and here we now in a global recession where around the world we're talking about not putting up barriers and not moving toward protectionism and trying to make sure that we're all in this boat together.

BERNERO: You're talking about that. You are talking about that, I'm not talking about that. If you read about the ...

ROMANS: Our leaders are talking about it and I want to know what is your reaction. Don't blame me. I'm telling you, what is your reaction when you hear leaders around the world, G-20 leaders talking about making sure that the barriers aren't put up with other people's workers when in fact you are so concerned about free trade agreements in the first place.

BERNERO: I challenge your viewers and you all to look at what's really happening. Even "The New York Times" recently reported that the countries that are doing the best are the countries that are most isolationists and most protectionists. So for all the worry that Wall Street always warns us that we're going to start a trade war, if we have fair trade, if we insist on fair trade for our workers that's going to result in some kind of a trade war and even "The New York Times" reports that the countries that are doing the best are the ones that are least connected to the global economy.

I'm not suggesting that we become completely isolationist, but what I'm suggesting is that the Korean government puts Korean workers first, the Japanese government puts Japanese workers first, and the Chinese government in their own way puts their workers first. Who is putting the American worker first? I think it's time that Congress steps up to the plate and protect -- provide some degree of protection for the American way of life.

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As Digby pointed out yesterday on CNN's Your Money, Ari Velshi decided to let everyone know just how "lucky" an 84 year old woman was who is still waiting tables. I'll let Digby take it from here.

It's shocking that in the richest most powerful nation in the world, an 84 year old woman has to be grateful that she still has a job and a paid-for roof over her head. The CNN correspondents must have been shocked, as I was, to see this woman, bent over with osteoporosis, carrying plates and taking orders ar her age and wondered what had gone wrong in our society that such a thing could be necessary, right?

Well, not exactly:

Ali Velshi: That woman who you had in your story, the woman who'd been a waitress, I almost wonder whether people who live close to the edge, but don't carry a lot of debt are not as affected by this recession. They've sort of been living in that state for a while. There's not a lot of room they've had to fall.

Guttierez: Ali, you're absolutely right. I think that's the lesson here. You look at somebody like Mildred, she's 84 years old. She's still waiting tables, but she's doing it to supplement her social security income. The most important thing here is that she has no mortgage..

Ali: right ..

Guttierez: She doesn't have the monkey on her back that we all have and so she doesn't have to worry. She feels that she can move through this crisis because she lives simply, she was able to pay off her house, and she doesn't have the big worry so many people out there have, which is mortgage.

Velshi: We hear a lot of people talking about their grandparents who experienced the recession, or the depression and how they learned the value of a dollar. That might be the silver lining to this thing. We might have a new generation who knows how to stretch a dollar and how to stay clear of as much debt as we've gotten ourselves into.

Guttierez: Absolutely. And that's Mildred's point. You have to learn from this crisis. You have to take it to the future, you have to learn to live within your means, and make sure that you pay off that house and that you buy a house you can afford. She says that that's really the way that she's able to sleep at night.

Lucky, lucky Mildred. After all, she could be out of a job and then where would she be? I guess if we all play our cards right we too can be waiting tables when we're 84. As long as we live prudently, of course, and make sure we don't have any housing expenses at that age. Otherwise, it could get dicey --- and we'd only have ourselves to blame.

Meanwhile, we learned that the most fortunate people in this recession are those who had nothing to begin with because they didn't have so far to fall. (The real victims of the recession are Thelma and Ali who have jobs and the "monkey on the back" of mortgage payments.) These people at the low end of the economic scale like Mildred are used to being "close to the edge" and are actually much better off than everyone else because being poor is acceptable for them. They can sleep at night. Lucky duckies all.

Ali Velshi, by the way, was wearing what appeared to be at least a five thousand dollar suit as he piously lectured America about learning the value of a dollar.

Full transcript below the fold.

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