Does it? The rule of thumb that the inputs must be equal might seem to give that result, but consider the effect of a step rise in the input (connected to the -ve input of the op-amp). The voltage on the +ve op-amp input needs to rise to the same value, but because the step rise is to the -ve input, the output of the op-amp will drop, taking the +ve input with it. It seems to me that that configuration is unstable at its operating point, and the op-amp output will head towards one or other of the supply voltages.
Sylvia.