'This Week' Transcript: Treasury Secretary Timothy Geithner

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BARNES: But independent fact-checkers say that 92 percent number is off-base and that it's misleading. I mean, the reality is that, as I said before, 750,000 jobs were being -- a month were being lost when the president started in the White House. About 1.3 million jobs had been lost that were jobs occupied by women when we walked into the White House.

At the same time, the president has created about 1.2 million that are occupied by women now. And in all of this, I think the bottom line is that policy matters. I do agree with Kevin that we need to have a conversation about women and economic issues, and this goes to issues of education, of health reform, of equal pay...

(CROSSTALK)

GIGOT: ... economy. You want to have the ability of women who do want to stay home part-time or rearrange their week, they don't have to live by New Deal laws that lock them into 40 hours a week and overtime.

(CROSSTALK)

GIGOT: Democrats oppose that.

(CROSSTALK)

BARNES: Absolutely not.

VANDEN HEUVEL: Of course stay-at-home mothers play an important role. But I think this whole debate has been a distraction. The issues we should be talking about are equal pay, combating rising health care costs for families, and sick payday leave for women. And these are issues that the Republicans oppose.

And on the economic figures, one thing that I think goes underreported is that so many of the job losses for women who are in the public sector, who are teachers and nurses and librarians, have come in states led by Republican governors with Republican state legislatures where we've seen the state budgets savaged.

ROBERTS: That's right. When you're talking about female job loss, you're talking about government jobs almost entirely, because women work in libraries and in schools and in arts councils and in all of the places the government funds. And also, women are the beneficiaries of a lot of government programs, like Social Security and Medicare. We wish you guys lived longer, but you don't.

And the -- you know, so -- and women are the caretakers of the people who get those government programs. So when you're talking about women's economics, the reason the women's vote is -- is general a more Democratic vote is because of the role of government. And that's what this entire election's going to be about.

(CROSSTALK)

STEPHANOPOULOS: But how do we combat that, Kevin? Because I think Cokie's right, that she pointed out with married women, the governor's doing fairly well right now, but for -- for this huge group of single women, looking at this right now, they believe that government is out there to help them. How do you -- how do you combat that?

MADDEN: Well, if you're looking at how we spur job creation and we spur economic growth that's going to help everybody, and particularly women, you have to look at how the private sector has a role in that. That's the most important way to help get the economic growth that we need to help working women, women who are single parents. That's the most important thing.

And I think the big contrast that we're going to see in this -- in this campaign is whether or not you want to -- you believe that you should put all of your faith in the government or whether or not you can put faith into the private sector and provide more certainty so that greater job creation and greater prosperity helps everybody.

(CROSSTALK)

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