Not Sold on the Obama Economic Plan - The American Spectator | USA News and Politics
Not Sold on the Obama Economic Plan

A majority of Americans are skeptical of President Barack Obama’s “spend and borrow our way to prosperity” plan.  According to the latest Zogby poll:

More than half – 56% – are doubtful the stimulus package will personally help them, and another 17% are unsure. While nearly half of Democrats (48%) believe they will benefit from the stimulus, few political independents (19%) and even fewer Republicans (7%) believe they will be helped. The vast majority of Republicans (88%) and most independents (62%) remain skeptical they personally stand to gain from the new stimulus bill, compared to just 26% of Democrats who said the same. Higher levels of optimism for the stimulus bill were found among the youngest adults, age 18-24, who were more likely (38%) than older adults to believe it would benefit them or their family. Just 16% of those age 65 and older felt the same. The Zogby Interactive survey of 1,474 likely voters nationwide was conducted Feb. 23-24, 2009, and was completed before President Barack Obama’s address to a joint meeting of Congress on the state of the U.S. economy Tuesday night. It carries a margin of error of +/- 2.6 percentage points.

Doug Bandow
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Doug Bandow is a Senior Fellow at the Cato Institute.
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