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Election. house manageority leader eric cantor speaking at a meeting of young republican donors, laying much of the blame for america s ailing economy on the spending polices of the current administration. when washington is in the business of deciding which industries should win and should which lose, when washington is in the business of saying the people should be spending their money here or there, it s general it generally does not work. jenna: that s the opinion of mr. cantor. another economic story got our attention this weekend. comments newt gingrich made on abc s meet the press. take a listen to this: you cited going into the show today that unemployment has dropped. it has dropped. you know why it s dropped? because over 4 percent of the people who would be unemployed have quit looking for work. if we had the same participation rate we had a couple of years ago, we d be at 12 or 13 percent unemployment. people just quit looking. jenna: you probably heard this argument ....

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