It is, but that doesn’t change the political calculus at all. If you’re the president who does something which cuts millions of jobs, that’s a LOT of people who are now voting for the other guy. Obama won reelection by 5 million votes, so that could be all of his margin when you think about friends and family.
I am not saying we shouldn’t try, but you really do need to think carefully about how to phase things in so people have time to adjust.
Isn't this a flavor of the "broken window" fallacy?
There is more productive work these people can do than the adversarial "deny-fight-ok approve" system we have today.