Not really, but what the House Minority Leader is suggesting makes about as much economic sense as blowing up the moon.
The top Republican in the House is seizing on the latest spike in unemployment to call for a freeze on government spending and to urge President Barack Obama to veto a $410 billion spending bill.In reaction to the news that 651,00 more people lost their jobs in February, Boehner thinks the U.S. government needs to
Rep. John Boehner, R-Ohio, said the jump in unemployment to 8.1 percent and the loss of 651,000 jobs in February is a sign of a worsening recession that demands better solutions from both parties.
Boehner criticized the spending bill as chocked full of wasteful, pork-barrel projects.
How on earth can anyone take these people seriously any more?
I have seen several versions of this story online so far, and not one of them offers an explanation as to why Boehner thinks a spending freeze is the appropriate response to record job losses.
What is the rationale for Boehner's suggestion? Let me guess: if the government freezes spending, then it can provide more upper-income tax cuts, and then the recipients of those tax cuts will go out and create jobs! Yay!
Seriously, how does that make any more sense than blowing up the moon?