Eric Cantor at Washington and Lee

http://www.futureofcapitalism.com/2012/02/eric-cantor-at-washington-and-lee

The House Majority leader, Eric Cantor, has posted the text of his remarks today at Washington and Lee University:

We don't need a Buffet Rule. We need a Buffer Rule. A buffer is a shield to protect against the harm and hostility of an intrusive government...

The president says that he has to tax the biggest generators of growth in our economy because of what he calls "basic math" – the need for government to spend more and supposedly pay down the debt. However, the president's math is a math of division – dividing the country into a war between rich and poor. Countries that play this game end up losing their economic prosperity, losing their freedom and losing their honor.

In contrast, my vision – the Republican vision – is a math of multiplication: multiplying job creation, innovation and experimentation by multiplying the money and power given back to hard-working individuals and taken away from bureaucrats. This will lead to job and business formation by small businesses, entrepreneurs and investors.

by Editor  |  Feb 10, 2012 at 1:17 pm Related Topics:  Politics, President Obama, Taxes, Warren Buffett receive the latest by email: subscribe to the free futureofcapitalism.com mailing list