"We have deified businessmen while denigrating government workers," says Erica Payne of the Agenda Project, and there's no better example of that than President Obama appointing GE CEO Jeffrey Immelt to head a commission on jobs and competitiveness. Heading into the State of the Union speech, Heidi Shierholz stresses that businesses aren't hiring and creating jobs because there is not enough demand--because people are not buying goods or services.

Erica and Heidi join us to discuss the state of the economy, Obama's choice for a leader on jobs, and where the US jobs have really gone.