Cantor is saying we don’t need failure right now. In his world rooting for failure gets used against him.
He should have looked straight into Stephanopoulos eyes and said that in as much as any policy or initiative that Obama got behind (like the stimulus package or this budget) dismantled or destroyed our core values of less government, small government, less taxation, or the free market, then yes, we would not only want it to fail, but would work tirelessly on principle to do all in our power to insure it did fail.
In essense, if the Obama administration efforts are geared towards making the American system as we support it fail, then we will oppose him directly.