Americans are not Keynesians 

Bloomberg released a poll yesterday under the header Americans Worse Than When Obama Inaugurated by 44%-34% Margin. The write up reports, “Fewer than a quarter of people see signs of improvement in the economy, and two-thirds say they believe the country is on the wrong track overall.” A quick look at the internals shows where so many Americans think we’ve gone wrong:

  • 55% believe “spending cuts and tax cuts” are the most likely policies to be successful in growing the U.S. economy and creating jobs.
  • 65% believe “the size of the federal deficit makes the economy unstable.”
  • 52% believe “uncertainty about new government regulations and taxes is discouraging companies from hiring.”

On the other hand:

  • Only 17% believe “government needs to spend more to stimulate the economy.”
  • Only 35% believe the unemployment rate is still high because “government is cutting spending, which hurts jobs.”

Despite these results, the same adults polled by Bloomberg still prefer Obama’s “vision for a successful economic future for the U.S.” to the Republicans’ vision by 40-37 percent. Apparently, Republicans need to do a better job explaining what Obama’s “vision for a successful economic future for the U.S.” is.

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Conn Carroll

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