As Digby noted, "Bush flack" Torie Clarke was on This Week touting the tired line about companies not hiring because of "uncertainty" over regulations and trade agreements, which Paul Krugman attempted to shoot down in this segment. I'm glad Krugman was there to respond to this nonsense, but I think using economist's terms like "excess capacity" isn't always particularly helpful when trying to get the average lay person like myself who's not an economist to understand the gist of his argument.
Companies are not hiring because there is not a demand for their products because we've got too many people out of work right now. Until we turn that around, those companies are not going to start hiring. And we're not doing anything to protect American jobs, but of course the free-traders like Clarke are never going to acknowledge that these horrid trade agreements we've had for decades have caused nothing but a race to the bottom on wages and the only jobs they have been creating are ones overseas and very few here at home. She was allowed a free pass on that here as well.
Sadly as Krugman rightfully pointed out here, there seems to be very little interest by our politicians to do anything meaningful to create jobs here at home. And just as sadly the only discussion allowed by our corporate media on job creation includes the tired talking points we heard out of Clarke here and not the words outsourcing, race to the bottom, fair trade, tariffs, wage and labor protections or equating patriotism to caring about employing American citizens. And until we break up these media monopolies with the same interests as these multi-nationals with a race to the bottom on wages, I don't expect we will.
Transcript via ABC News below the fold.