Mike Johnson actually said...
As long as we are putting this in the context of medium-term fiscal consolidation--so, over a 5 to 10-year horizon, until the financial markets believe you have credible plans for bringing down the deficit, controlling the deficit, and preferably bringing down the debt, then yes, I think that there is ample scope for measures that would encourage short-term job creation.
Context
Johnson emphasizes the need for fiscal consolidation alongside job creation measures.
07/12/2011