53% say Obama’s “stimulus” hurts economy
According to the latest Rasmussen poll, 53% of Americans believe increasing government spending has an anti-stimulus effect on the economy, hurting instead of helping it. The poll of 1000 likely voters conducted June 7-8, is more evidence of the trend in recent polls that the American people are beginning to recognize that Obama’s change isn’t what they believed they were voting for last November. Only 27% remain dedicated, die-hard fans of the President’s stimulus strategy, still clinging to the fallacy that drastic spending, quadrupling the deficit, and enslaving future generations of Americans with debt will somehow revitalize the economy.
The number of Americans who correctly believe tax cuts stimulate the economy continues to grow. A full 58% accept the evidence history provides and stand on the opposite sides of the fence. Last month only 55% believed this irrefutable fact. So in less than a month, Obama’s radical changes to our American way have led 3% to lose faith in his approach to saving the economy and embrace that of his predecessor, the Left’s nemesis President George W. Bush.
Obama recently realized his plan isn’t working, but mistakenly believes it’s because he hasn’t spent enough of the money, or spent it fast enough. So, he announced he’ll be accelerating the pace of his spending spree–blowing more money faster. But another recent Rasmussen poll shows Americans don’t think this is such a wise idea. When asked if the government should cancel the rest of the new government spending in the President’s monstrous $787 billion “stimulus” package, 45% said the administration should stop this madness now vs. only 36% who thought the President should go ahead and waste $787 billion.
When asked in this poll if the tax cuts included in the “stimulus” package should be canceled, only 20% believe the government doesn’t take enough of our money, while a full 55% believe the tax cuts should stay in place. So again, in this second poll we see a majority of Americans who apparently believe tax cuts stimulate the economy.
These two polls substantiate our report on the developing trend of more people finding Obama’s policies less and less attractive. Though the President continues on his march toward the Socialization of the US economy, legislators who face re-election next year are sure to be watching these polls and should begin to resist more and more of the President’s “change” as we go forward. If the GOP plays their cards right and can manage to convince voters they’ve turned the corner and returned to their principle of sound fiscal policy, we just might see an encore of the ’94 voter revolt against the party that has long been (and has now demonstrated that, in spite of their promises, it remains) the tax and spend party.