July 11th, 2009
11:45 AM ET
12 years ago

Top House Republican slams Obama over stimulus, jobs

WASHINGTON (CNN) – Rep. Eric Cantor of Virginia, the number two Republican in the House of Representatives, used the weekly Republican radio and internet address to slam President Barack Obama's $787 billion stimulus plan.

Saying the stimulus bill passed earlier this year was "full of pork barrel spending, government waste, and massive borrowing," the House Minority Whip also says in Saturday's address that "President Obama's economic decisions have not produced jobs, have not produced prosperity, and have not worked."

Citing the millions of jobs lost this year and a national unemployment rate hovering just under ten percent, Cantor also uses this week's address to assert that the stimulus package has failed to deliver as promised by Democrats.

"Remember the promises? They promised you if you paid for their stimulus, jobs would be created immediately. . . . Yet just months later, they are telling us to brace for unemployment to climb over ten percent. They promised jobs created. Now they scramble to find a way to play games with government numbers by claiming jobs saved.

"Simply put, this is now President Obama's economy and the American people are beginning to question whether his policies are working."

Last week, House Majority Leader Steny Hoyer, the second ranking Democrat in the House, said in an interview on FOX News Sunday that he was "disappointed" at the slow pace at which the stimulus package was creating jobs in the midst of a recessionary economy. "We're looking at ways to get the money out more quickly."

Also in an interview last week on ABC's "This Week," Vice President Joe Biden said Democrats had misjudged just how much trouble the economy was in.

"The truth is there was a misreading of just how bad an economy we inherited. Now I'm not laying this on anybody. It's our responsibility," Biden said last week.

Filed under: economic stimulus • Economy • Eric Cantor • Popular Posts • President Obama
soundoff (300 Responses)
  1. tpco

    Somehow lost in this "discussion" is the very principal on how and why businesses and corporations exist. They exist to turn a profit for their owners/shareholders. If they do not...said shareholders find another venture for their capital. This is not a difficult concept. They do NOT exist to provide or create jobs. These jobs are a function of their profitability. More profit...more jobs. Again, simple concept. They do not exit to altrusitically provide a service. (Those are called "NON-PROFIT organizations). They provide a service that they expect to turn a profit and again, if they don't...they GO AWAY. So to all those who believe that its their divine right to have a job...WAKE UP...you have to earn it. Between this stimulus diaster and "Cap (TAX) and Trade". What exactly to you think is going to happen to all the "middle class" jobs. Right – China and India – you remember, the ones also excluded in the "Global Warming Reefer Madness" shell game.

    Can you say "HI, welcome to Walmart". That's all that will be left, selling Chinese and Indian products.

    July 11, 2009 01:06 pm at 1:06 pm |
  2. berkowitz

    It's funny to see all the ignorant Acorn losers always posting in defense of the fraud Obama, they always use what they think are white names from ostensibly white areas. The stupidity and dishonesty is off the chart.

    July 11, 2009 01:06 pm at 1:06 pm |
  3. Andi

    He needs to stop assuming what 'Americans' think. He does not speak for me.

    I'd like to know what Cantor thinks Obama should have done, instead? Maybe implement the great alternative plan the Republicans had?

    July 11, 2009 01:07 pm at 1:07 pm |
  4. Jon

    Being from Virginia and Eric Cantor representing Virginia, I know what he did for the economy as he supported all the policies of the Republican party that got us in this mess over 8 years, I think he should keep his mouth shut and give Obama a chance, he took 8 years and now he wants this administration to correct in a few months. It will take more than 8 years to clean up the mess Eric helped make.

    July 11, 2009 01:07 pm at 1:07 pm |
  5. Kevin

    Eric Cantor is a Representative, not a Senator.

    July 11, 2009 01:07 pm at 1:07 pm |
  6. Ted

    I don't remember being promised that if I paid for the stimulus, jobs would be created immediately. I can read beyond what I hear on the radio (read: I can read). It's really hilarious to see the party who can't keep their marriage vows accusing the democrats of lying. Hypocrites.

    July 11, 2009 01:07 pm at 1:07 pm |
  7. Yankeefan

    Funny how the economic advances in the 1990's, during the Clinton years, were – according to Republicans – a direct result of Ronald Reagan's economic policy decisions years earlier. (Note, please, that they always seemed to forget that there were four years of George H. W. Bush between Reagan and Clinton...) At the time, they argued that there was absolutely no possible way that Clinton's economic policies could have had a positive effect on the economy in such a short time...

    Now, we are to believe that all of our economic woes are exclusively a result of decisions made by President Obama?!?!? Give me a break!

    The only thing the GOP has going for it is the absence of critical thinking and accurate memory among its membership. Fortunately, there are more Americans out there who understand that after eight years of no economic policy other than that which promoted personal gain and greed, it will take more than SIX MONTHS to make things right.

    July 11, 2009 01:08 pm at 1:08 pm |
  8. Steve

    History repeats itself.... everything you see happening in America today happened in Argentina 50 years ago. Argentina was one of the most wealthiest nations in the world, then Juan and Eva Peron came into power. Government taxed businesses, the wealthy, created more social programs, took over banks, etc. and the Argentine economy COLLAPSED. Major industry pulled out of that country. We are on the same course. Look for the stock market to retreat again this fall by over 25% and look for unemployment to hit 12% by year end.

    July 11, 2009 01:09 pm at 1:09 pm |
  9. Melody

    The GOP just need to hush up. My unemployment checks that I am getting every month for the last 3 years is fine. It is none of the their business where the stimulus money goes. The stimulus is working fine. It pays my cable bill every month.

    July 11, 2009 01:09 pm at 1:09 pm |
  10. Tom

    Cantor is l.y.i.n.g.

    Obama never promised "jobs would be created immediately".

    He and other Democrats always said, "it took us a long time to get into this mess, and it will take a long time getting out." He and others also aways mentioned that jobs have always been the last to recover in previous recessions.

    GOP and Cantor reality distortion field in effect.

    July 11, 2009 01:09 pm at 1:09 pm |
  11. America Shrugged

    What's worse, creating or saving a job, or doing nothing? Without a workforce, there wouldn't be any tax dollars to pay for things like WAR.

    July 11, 2009 01:09 pm at 1:09 pm |
  12. sarah

    It is funny to read so many people saying that the Republicans don't have any ideas. The truth is that there were some pretty good ideas that were brushed away by the Democrats, and the mainstream media swept it under the rug. A good example was the idea of giving all Americans 3-5 months of tax relief by not taxing during this time. That adds up to quite a bit of money each individual could turn right around and put back into the economy. instead they spent more money than they would have lost by suspending taxes for a bit, and wasted most of it.

    July 11, 2009 01:09 pm at 1:09 pm |
  13. Jerry

    Mr. Canotor ought to know all about broken promises. He and his republican colleagues wrote the book on it when they precided over the largest amount of spending tax payer dollars in the time they were in charge of everything.

    Obama has been in office for 7 months and the Dems have been in charge of the Congress for 2.5 yrs. Republicans had the White House for 8 yrs and the Congress for the12 yrs prior.

    Let's give Obama and the Dems time to get this under control. Seven months is not a long time to fix what took even longer to wreck.

    Plus sometimes you have to spend money to fix a broken system.

    July 11, 2009 01:09 pm at 1:09 pm |
  14. Phillydan

    Eric Cantor: Another dirty lying Repub. Eight years of destruction by his cronies GW and Dickie Boy and the worst economic, taxation, and social policies all put in place by the Repubs. Let him shoot his mouth off now, because next year at his time, he will have to crawl back in his rat hole when the economy is rebounded, job creation is on the move, healthcare reform for "ALL" Americans that reduces the overall cost of healthcare for all of us is in place. Do us all a favor Eric and get out now, the only policy you know is "NO" to everything. Each passing day, I dislike Repubs and what they stand for more and more and more. A bunch of hypocrites who claim moral superiority but have none. Who distort facts, tell outright lies and care nothing for the majority of hard-working Americans.

    July 11, 2009 01:10 pm at 1:10 pm |
  15. dentri

    People vote for Change and Cantor is right they vote Republicans out now those Democrats screw this country for Viva la Socialism...They believe so much in Government and they don't realize they Government cant make money they spend ...American people are the one who create jobs ...Adio America ....This Mesiah is just tals talks.And Republcans have point because they are kick out of office because Democrats promise Change...But now America see what change mean....Bring back Republicans please they are worth it everybody is better off.With Democrats nobody is safe economic.Taxeas,taxes,Walfere,Socialism.Everybody food stamps,pay for the poor.And the lazy like to stay home the governmet pay for....Check the stimulus package is fill with social program..Guy my mother told me i need work to get what i want it.Please stop those Democrats to bring Amerca back ....But what ca i do i m just a voice you guys elect him pay for it.

    July 11, 2009 01:10 pm at 1:10 pm |
  16. dan

    Liberals, stop being so stupid. Obama clearly stated that the stimulus would immediately create jobs and keep unemplyment BELOW 8%. Well, neither were true, they were both lies, why can't yall just say...yea, we screwed up on this one??

    In 8 years yall will still be giving obama/whoever a pass and blaming Bush. Pathetic

    July 11, 2009 01:11 pm at 1:11 pm |
  17. Chad

    The guy has only been in office 6 months. It takes awhile to spend all that money, and for that money to flow into a workers pocket, thus creating jobs. Republicans are crying after only 6 months in office, it only took them 8 years to financially destroy our country.

    July 11, 2009 01:11 pm at 1:11 pm |
  18. berkowitz

    get a real job instead of moderating you intellectually-challenged welfare recipient loser

    July 11, 2009 01:11 pm at 1:11 pm |
  19. Tim

    No, Cantor is the one who is lying because Obama said the unemployment numbers were going to get worse before they got better AND all the economists I heard stated that creating jobs is the last piece of the economy that recovers.


    ditto to this Gary "CHANGE IS HERE with or without you"

    Republicans and whiners need to get a life. The rest of us are busy trying solve problems.

    July 11, 2009 01:11 pm at 1:11 pm |
  20. kaz

    Republicans are the one who created this mess, they had 8 years. No republican had problem when Bush was spending money left and right.

    July 11, 2009 01:12 pm at 1:12 pm |
  21. Truth Teller

    The Democrats have been in charge of Congress since the 2006 election; this is where the legislation and monies are appropriated. Bush was a fool to allow them to get away with it. Anyone with a brain cell realizes this. It was Pelosi, Frank, Dodd, Reed, inc. that screwed the American taxpayers with Fannie Mae and Freddie Mac. The groundswell of revolt is brewing and a seachange will occur in 2010. You think the average American is too stupid to see where this country is heading? Your President is traveling around the world apologizing to our enemies, bowing to the king of Saudi Arabia, and turning his back on our allies. Yes, he is YOUR President, not mine. This is what you said about Bush, now it's our turn to show you how it feels.

    July 11, 2009 01:12 pm at 1:12 pm |
  22. lil bucca

    Dem's promises broken. Imagine that ! ! Really?!?!?

    July 11, 2009 01:13 pm at 1:13 pm |
  23. Donkey Party

    Not even Roto-Rooter could get us out of the toilet in 6 months, let alone the President. Bush and the RepubliCONS are grossly negligible for destroying the country over the past 8 years, so it's pretty naïve to entertain the notion that President Obama would fix things in only 150 days. And just a simple question for you simple-minded right-wing cheerleaders, but when was the last time the GOPPERS had an idea worth mentioning? For that matter, when was the last time they demonstrated the ability to govern? Could someone please respond? How and why is the GOP still relevant? What kind of mental midgets keep voting for "conservatives"?

    July 11, 2009 01:13 pm at 1:13 pm |
  24. Nelson Williams

    Only 10% of this money has been spent. Remember, the unemployment rate is a lagging indicator.

    Durable goods orders are up. Home sales in Minnesota just jumped 33% for June alone. Wells Fargo just a few months ago dumped its hiring freeze. Jobless claims went down last week. At the end of the summer, we will see a lot of the education professionals go back to work. That's when we will see a lot of this recovery start to really happen.

    The Republicans want to dump this mess on the Democrats as fast as they can. The created this mess, they just don't want to take any responsibility for it. Same old, same old. It's never their fault. This is what they always do. They think governing is just a game of musical chairs.

    So much for this party being the party of personal responsibility.

    July 11, 2009 01:13 pm at 1:13 pm |
  25. Carl

    Geez! All republicans do is whine and bash our president. It will TAKE TIME for our economy to recover from the damage that the republicans have done. America is sick of hearing the GOP crybabies complain and complain and complain. America is going to be much better off without the repub party and their bias and raci.sm and sarcastic attitude.

    God bless Obama and God bless America.

    July 11, 2009 01:13 pm at 1:13 pm |
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