NPR logo In Detroit, Eric Cantor Criticizes Stimulus, Doesn't Mention Auto Industry

In Detroit, Eric Cantor Criticizes Stimulus, Doesn't Mention Auto Industry

This morning, Rep. Eric Cantor, the Republican Whip in the House of Representatives, headed to Michigan, to speak at the Detroit Economic Club, which provides "a platform for the debate and discussion of the great business, government and social issues of the day."

En route to the speech, "America at a Crossroads: Facing our Economic Challenges, Maximizing our Economic Opportunities," at the Townsend Hotel, Cantor did what all savvy politicians do these days....  He tweeted.

The Democrat-controlled Congress & #Obama Administration are spending at a rate of $4.3 billion a day

Since this President has been in office, well over $2 trillion of additional #debt has been amassed

These days, that's Cantor's bread and butter.  He isn't shy about criticizing a.) the president, b.) the deficit and debt, and c.) Democrats. As Politico reported yesterday, Cantor is trying to "rebrand the GOP as 'a party that gets it.'"

In The Motor City, Cantor got to work, criticizing the stimulus:

Not since the Great Depression had the economy been so battered.  Unemployment was growing rapidly. Something had to be done. There just didn’t seem to be agreement on what that something would be.

To many of us, it was clear that promoting genuine economic growth was the only way we could end the crisis. But the majority in Washington saw it differently.

Instead of seizing the moment to help small business – the job creators of this country – they seemed bent on pursuing a course to spend our way out of the morass.

"As it turned out, the stimulus didn't work as advertised," Cantor said.

Entitlements and spending are shooting skyward, all but guaranteeing permanently higher taxes in the near and long term.  An army of new regulatory bodies threatens to strangle business activity and restrict the flow of credit.  Labor unions are gaining power and creating more uncertainty about the cost of hiring.  Government is asserting more and more control over what was once the private economy. And most chilling, the national debt is spiraling out of control, raising the long-term threat of inflation and higher interest rates.

Curiously, in his prepared remarks, there is not one mention of the automobile industry.  None.

Correct me if I'm wrong, but isn't it, well, sacrilegious to go to Detroit, to talk about the economy, and not say anything about the industry that is so central to the city?