• With: Mitt Romney

    VAN SUSTEREN: But there are those in the unemployment rate who are looking for a job, in 8.1 or 2 percent, whatever we are right now -- they're looking for work. But there's also a huge segment of our population's in despair, that is not counted because they're not looking for work.

    ROMNEY: Yes. Right.

    VAN SUSTEREN: And a lot of them, you know, fundamentally do -- I mean, maybe some people are critical and say that, you know, they don't want work or whatever. But I actually believe that a lot of them do want to work and they do want to succeed and that they have sort of for whatever reason -- they haven't made the cut. They've been left behind.

    And I'm just thinking that, you know, in order for all of to us do well in the economy, you know, we don't need this expensive poverty that we're paying for. And I'm curious, aside from the moral issue, what could you do to help lift those people up and get them involved?

    ROMNEY: Well, again, this is not a mystery. You give people equal opportunity, great schools, terrific education. Some people have the skills to participate in the modern economy.

    Number two, if they need help getting into the labor force, you give them job training and skills that allow them to be hired. And then, of course, you have to have an economy that wants to hire people, that's looking to hire people.

    We have an economy right now that's not creating the jobs that Americans need and want. And part of that is because this administration made America a less attractive place to start a business, to grow a business. Businesses today feel they're under attack because of this administration. And you're not going to create jobs if entrepreneurs decide not to start new businesses.

    Under this president, the number of startups per year has dropped by 100,000! The little businesses that normally employ people, particularly at the entry level, just aren't starting up. Larger businesses are moving operations outside this country because they feel in America, by virtue of our taxation, the highest in the world now, the regulatory environment, our lack of energy policies to take advantage of our energy resources -- all of these features are causing businesses to go elsewhere. They're killing jobs!

    I always smile at my liberal friends. They love a strong economy. They just don't like businesses. But the economy is nothing but the addition of all the businesses in the country together. And you have to love enterprise, small, large, middle-size, encourage it, develop it.

    Government sees itself as the opponent of business. It's got to be the ally of enterprises of all kinds. And what we have right now is a growing government-centered society. Government cannot create the jobs that the American people need. To get out of poverty, to have rising standards of living for middle income Americans, that's what has to happen. It's a new attitude that has to come to Washington.

    VAN SUSTEREN: I guess, though, some of that sounds almost like a trickle-down, you know, that -- you know, if the economy gets going, that all of a sudden, those who are at the lowest of the rung economically, that they will somehow do better.

    And you know, I haven't heard anything since Jack Kemp days, the sort of like the enterprise zones where it's actually much more active, rather than sort of just hoping to rev up the economy so we'll get the jobs, but actually, you know, go in, dig into these areas and have enterprise zones get them revved up.

    ROMNEY: Well, you know, there are lots of ways to say how can we manipulate the market? And how can -- you've seen President Obama saying, I'm going to give $500 million to Solyndra and that'll get things going.

    I'm much more inclined to say let's make America the best place for small business. Let's make it easy to start a business. Let's make it easier to get a loan for a small business. Let's make it easier to hire people, give people greater visibility on what the cost of a hire will be.

    You do that and people will be able to get great jobs. And we can encourage in certain sectors of the economy, places for job growth. I was pleased in my state to pick an area where a military plant had been removed, and we said, Let's -- let's do our very best to get some jobs to move into those areas.

    You can have policy state by state which are trying to focus on creating economic empowerment zones. But the right thing for the nation overall is to be competitive on taxes, to have regulations that encourage enterprise, as opposed to crush it, to have energy policies that take advantage of our natural resources in this country and keep energy prices down or competitive, to have trade policies that open up new markets for our goods, and also crack down on cheaters, including China if they're going to steal our intellectual property, the patents, designs, know-how, hack into our computers.

    We've got to make America attractive for small business. Those 100,000 new jobs -- 100,000 new employers per year -- they make a difference in putting people at every rung in the economic ladder back to work.

    VAN SUSTEREN: What's the difference between running a business and running a state, if you were a governor? I mean, like, you know, what are the -- I mean, you know, you get to say a little bit more when you run a business than you get to do when you (INAUDIBLE) I'm curious where the -- you know, what's the more difficult part about governing?

    ROMNEY: Well, actually, the more difficult job is working in business because business is not forgiving. If you spend more than you take in year after year, you're going to be out of business. If you make serious strategic errors, you're going to be gone.

    Government, why, it just borrows more money and taxes more people, blames the opposition party. Look, the people in business are doing the harder job. People in government, you have to learn to work with other folks. People always think, Oh, if you're the head of a company, you don't need to work with others. You can just make all the decisions on your own.

    Not so. You got shareholders. You got bankers. You got competitors. You got customers. You have to listen to others. And my experience is if you're in business, you're a fiscal conservative. You know you got to balance your books.

    We need more people from the real economy to go into government and to use their skill at learning how to live within an economic framework, to hold down spending and not to borrow more than you're taking in.

    VAN SUSTEREN: One last question. President Obama today, talking about the health care, said that an unelected group of people would somehow overturn a duly constituted and passed law. Well, it's a good example. He's talking about judicial activism.

    Your thoughts of calling -- of his remark about -- and much broader -- I showed you the longer quote, but calling the Supreme Court an unelected group looking at the health care law?

    ROMNEY: Isn't this wonderful to finally have a liberal talking about judicial activism? I think we can come together on this. We've been concerned about judicial activism for years and years and years.

    What the president's complaining about, however, is that the Supreme Court might actually apply the Constitution to the bill that he passed! And the whole purpose of the Supreme Court is to make sure that Congress does not pass laws that are in violation of the Constitution.

    And so judicial activism is not following the Constitution. Judicial activism is departing from the Constitution, which is what they've too often done on issue after issue.

    I applaud the fact that the Supreme Court looks to be taking the responsibility of following the Constitution seriously. And if the president complains about a Supreme Court that follows the Constitution, he's coming from a very different world than the world that the founders, and frankly, that the judicial history has described for America.