• With: Mike Huckabee, former Arkansas governor

    This is a rush transcript from "Your World," October 28, 2011. This copy may not be in its final form and may be updated.

    NEIL CAVUTO, HOST OF, “YOUR WORLD”: Five thousand more jobs washed out, as appliance maker Whirlpool tries to keep rein costs in, but there is good news. The president is on it, rolling out two more executive orders today. And one is going to create a new Web site to help businesses find information on federal programs should they need it.

    The government has got no plan or no love for this plan -- now, I’m talking the governor, Mike Huckabee, who joins me right now.

    If in doubt, set up a Web site. Boom.

    MIKE HUCKABEE (R), FORMER ARKANSAS GOVERNOR: There’s going to be a total of about 1,100 families out of the Fort Smith, Arkansas, area that will lose their jobs.

    Those are good jobs, very good jobs for that area and very good jobs for Arkansas. They plant had a big expansion a few years ago and all the jobs will disappear. Those families are not going to be looking for a Web site. They will be looking for a job.

    And I’m not against Web sites, but I think that the kind of economic realities that we are facing now demand a great deal more than an executive order and a Web site. And hopefully at some point the president may look at his own policies and recognize they are not working.

    CAVUTO: Well, it’s just a matter of time. I’m surprised we didn’t hear it today. Maybe we did, Governor, pass my jobs bill, pass my jobs bill. I did have a Democratic senator -- congressman, I should say, on here yesterday who was saying, first priority, pass the president’s jobs bill.

    HUCKABEE: If the president wants to pass it, he can pass it in the Senate. Why doesn’t he? Because he doesn’t have enough Democrat votes in the Senate to pass it. That’s why.

    CAVUTO: It failed in its existing form.

    HUCKABEE: That is exactly right. So I think that is total nonsense. And he keeps blaming the Republicans. But the Republicans can’t stop it in the Senate.

    And the fact is, if he is serious about it, lay it on the table and get Harry Reid to put it on out there on the Senate floor and let Republicans and Democrats all be on record. Let it go to the House. I think John Boehner would let it go up for a vote and let people be counted whether they believe that spending more government money we don’t have, borrowing more money from China, which we cannot afford to pay back, will create a single American job.

    What Whirlpool did was shed $400 million of costs, which is what every employer does when their market is soft and they have got to figure out a way to try to keep their product alive and their brand alive. The problem is, a lot of those families, like those folks from my home state who lose their jobs; they are the ones who take it in the teeth on a day like today.

    CAVUTO: You probably have seen this political piece and elsewhere that the administration is confident that the trend is their friend, I’m paraphrasing here, but it was essentially, the numbers are not gangbusters, but we are no longer going bust.

    What do you make of that?

    HUCKABEE: There are a few good signs, not great signs, but better than they have been. But it is almost like, you know, the guy who jumps off a 100-story building and at the 73rd floor; they hear him say, so far, so good.

    I think that is what kind of what we’re...

    CAVUTO: See, this is the kind of stuff we’re not getting in the debates.

    (LAUGHTER)

    CAVUTO: Go ahead.

    HUCKABEE: But that’s what I think sometimes the administration is feeding us. Every week, we have 400,000 new unemployment claims. That number seems to be frozen, as if it is in the throes of Antarctica. We can’t get out of that.

    CAVUTO: By the way, at this point in a recovery, it should be barely over 100,000.

    HUCKABEE: But it’s not and it hasn’t been for months and months and months.

    And people are afraid to hire. So, I am just not quite as excited as the administration is, though I do say every bit of good news at this point is good news and we welcome it.

    CAVUTO: We had a good market week. We generally like to think Americans are nearly as wonky as I am. But we have had a good market week.

    Others are saying this could be a turnaround for the markets. Those who argue that it is a barometer of things to come say, nearly up 4 percent this week, this was a seminal event, and that will be the wind at the economy’s back. What do you say?

    HUCKABEE: A lot of what happened this week was the result of particularly Angela Merkel taking some strong action...

    (CROSSTALK)

    HUCKABEE: ... the European Union to bring some...

    CAVUTO: By the way, don’t steal my job, OK?

    (CROSSTALK)

    CAVUTO: By the way, a lot of this had to do with Angela Merkel.

    (LAUGHTER)

    HUCKABEE: You and Angela.

    CAVUTO: Yes.

    HUCKABEE: Well, I believe it was you telling Angela how to handle this that probably made it work.

    CAVUTO: Yes. That’s exactly it.

    You have one hit show. Save this little nerdy world for me, Governor.

    (LAUGHTER)