A new USA Today poll has some noteworthy results for those of us interested in limiting the size of government. While a slim majority of Americans (52 percent) are at least supportive of bigger government during the current economic crisis, by a 3-1 margin, they say they want to cut back the expansion of government once the crisis is over. Additionally, 55 percent of Americans think that Obama’s economic proposals spend too much money, and by a 50 percent to 42 percent margin, Americans say government is “trying to do too many things that should be left to individuals…” While majorities support Obama’s housing plan, the stimulus package, and more regulation of financial institutions, only 39 percent support bank and auto bailouts.
Add up all of these numbers, and what it tells me is that Obama is taking a huge risk in pushing through a raft of new spending, because when his actions drive up our debt and trigger either inflation and/or broad based tax increases down the road, there’s likely to be a massive backlash against his expansionary agenda. Obama is betting that government will be able to solve our nation’s problems, and build America’s trust, before the bill comes due.
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