Monday, August 2, 2010

House Minority Whip Admits Economy is More Important Than Deficit

As we speak, Teabaggers are jumping ship from the Republican party after learning that House Minority Whip Eric Cantor (R-Va.) has admitted that cutting taxes will "dig the hole deeper" when it comes to the deficit, but ultimately what is more important than the deficit is getting the economy going again.

In response to a question asking whether Republican tax cuts would hurt the deficit, Cantor said this:
What I said in the beginning is, um, if you have less revenues coming into the federal government, and more expenditures, what does that add up to? Certainly you're gonna dig the hole deeper. But you also have to understand, if the priority is to get people back to work, is to start growing this economy again, uh, then you don't wanna make it more expensive for job creators. Link
Here is the video: