New tweet from John Boehner: “100 economists also signed a letter urging the president to cut spending now to help create new jobs”
Too much demand and spending in the economy. Need to ramp back.
I guess we can seriously discuss the bang-for-your-buck of stimulative spending vs. concerns over longterm indebtedness. Cut taxes to create jobs? Okay, an effect, though the level is debatable vis a vis indebtedness and fiscal health. And of course it depends which taxes. But cut spending as a way to create jobs? Doesn’t that rule you out as being Speaker of the House?