Good Polls on Economic Issues
Here are some pleasantly surprising poll results from Rasmussen:
-48% of Americans say the best thing the government can do for the economy is to get out of the way by reducing taxes and regulations. Only 36% disagree.
-53% oppose a federal bailout for homeowners who took out bad loans, while 29% disagree.
-61% oppose a federal bailout for banks who gave out bad loans, while 15% disagree. What is interesting is that Democrats are more supportive of bailing out the "big bad banks" than Republicans are.
-And thankfully, 59% believe it is more important to create economic growth than to reduce the income gap between rich and poor. An unfortunate 35% disagree.
Posted on Tue, April 8, 2008 at 11:09AM
by
Paul Ibrahim
in Economy, Polls, Big Government, Spending, Financial
|
1 Comment
Paul Ibrahim
in Economy, Polls, Big Government, Spending, Financial
|
1 Comment
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Reader Comments (1)
Most of the numbers look good, but the 61% who oppose bailing out banks shows a lack of understand among many people of the consequences of bank collapse. If Bear Stearns had collapsed, millions of hard-working, financially-responsible people could have seen their mutual fund investments and retirement accounts decline significantly. And, countless jobs would be lost in the chain effect of bankruptcies. Are we really willing to endure a deep recession in order to teach the banks a lesson?