The depressing part is that few American's blame Obama for the higher unemployment rate that he has caused. The Rasmussen Report has this poll result
Most U.S. voters continue to worry that the federal government will do too much in reacting to the country’s current economic problems.
For the second month in a row, 52% of voters express concern about the possibility of too much government action, according to a new Rasmussen Reports national telephone survey. That’s up from a low of 43% in mid-February to and remains the highest level of concern since Barack Obamawas elected president in November.
Thirty-seven percent (37%) fear the government will not do enough to help correct the ailing economy. That’s a rebound from 31% in April, but 40% to 43% have registered that concern every other month since Obama was elected. Twelve percent (12%) are not sure which is the bigger worry right now.
The survey was conducted just before the government took a 60% percent ownership stake in General Motors in exchange for an additional $30 billion in taxpayer funds to keep the auto giant in business. GM has already gotten $20 billion in government loans to stay afloat.
Sixty-seven percent (67%) of voters oppose the GM bailout deal, a view shared by most Americans for months.
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Republicans remain far more concerned than Democrats about too much government action on the economy. Seventy percent (70%) of GOP voters worry the government will do too much, a view shared by 56% of voters not affiliated with either major party. But 56% of Democrats are fearful that the government will not do enough to help the economy.
Middle-income Americans, those earning between $40,000 and $100,000 per year, are more concerned than others about the government doing too much.
While 62% say the Bush administration, not President Obama, is more to blame for the country’s continuing economic problems, concern about the level of government action has been rising in recent months as Obama unveils his various spending initiatives to help the economy.
Thirty-one percent (31%) of voters now believe the president’s $789-billion economic stimulus package passed earlier in February has helped the economy. That's down from 38% at the time Congress approved it.. . . . .
Labels: bailout, Economy, poll