Friday, January 30, 2009

Poll: Economic Stimulus Plan Unpopular

Americans are skeptical that an economic stimulus plan from the federal government will help the nation’s economy. This is perhaps due to the fact that most people think that the elected officials in Washington working on the plan are part of the economic problem as opposed to the solution.

Less than half (45 percent) of Americans think “Barack Obama’s proposed $825 billion dollar economic recovery plan” will help the economy. More Americans think the focus of an economic stimulus plan should be “cutting taxes” (50 percent) than "increasing government spending on new programs and infrastructure projects” (29 percent).

Majorities of Republicans (69 percent) and independents (52 percent) think cutting taxes should be the focus of an economic stimulus plan. More Democrats think the focus should be increasing spending (42 percent) than cutting taxes (35 percent).

Nearly one-quarter (23 percent) of Americans think moving “away from capitalism and more toward socialism” would be a good thing for the United States. This includes 42 percent of those with household incomes under $30,000, as well as 35 percent of Democrats, and 31 percent of those under age thirty.

READ MORE

No comments: