Support for Stimulus Package Falls to 37%...

[posty 2,822]

http://www.rasmussenreports.com/public_con...age_falls_to_37

 

Support for the economic recovery plan working its way through Congress has fallen again this week. For the first time, a plurality of voters nationwide oppose the $800-billion-plus plan.

 

The latest Rasmussen Reports national telephone survey found that 37% favor the legislation, 43% are opposed, and 20% are not sure.

 

Two weeks ago, 45% supported the plan. Last week, 42% supported it.

 

Opposition has grown from 34% two weeks ago to 39% last week and 43% today.

 

Sixty-four percent (64%) of Democrats still support the plan. That figure is down from 74% a week ago. Just 13% of Republicans and 27% of those not affiliated with either major party agree.

 

Seventy-two percent (72%) of Republicans oppose the plan along with 50% of unaffiliated voters and 16% of Democrats.

 

Related survey data shows that half the nation’s voters say the plan that finally emerges from Congress may end up doing more harm than good.

 

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Despite the declining support, 78% say it is at least somewhat likely that the economic recovery package proposed by President Obama and congressional Democrats will become law during Obama's first 100 days in office. That figure includes 36% who say passage is Very Likely. That latter figure is down significantly from a week ago when 52% said passage of the legislation was Very Likely.

 

A stimulus plan that includes only tax cuts is now more popular than the economic recovery plan being considered in Congress. Forty-five percent (45%) favor a tax-cut only plan while 34% are opposed. Those figures reflect a modest increase in support over the past week. Candidate Obama campaigned heavily on a promise to cut taxes for 95% of all Americans, and voters strongly believe that tax cuts are good for the economy. Most Americans believe that a dollar of tax cuts is better for the economy than a dollar of government spending.

 

A stimulus plan with tax cuts only is supported by 64% of Republicans, 31% of Democrats and 46% of unaffiliated voters. It is opposed by 17% of Republicans, 46% of Democrats and 35% of unaffiliated voters. Obama initially proposed $350 billion for tax cuts in the recovery plan, but the congressional Democratic leadership lowered this to $275 billion to make way for more spending.

 

Going to the other extreme, 72% of voters oppose a stimulus plan that includes only new government spending without any tax cuts.

 

Forty-six percent (46%) of voters remain concerned that the government will do too much in reacting to the nation’s economic problems. Forty-one percent (41%) are concerned that the government will do too little.

 

The House of Representatives passed an $819-billion version of the plan last week with all but 11 Democrats voting in favor of it and all Republicans voting against. Democrats argue the plan is full of essential stimulus measures for the economy; Republicans say it has far too much new spending in it. The Senate is now expected to pass a different version of the bill, raising its price tag as high as $900 billion. If so, a conference with representatives from the Senate and the House will be needed to resolve the differences.

 

The president has indicated that he will be more aggressive in promoting the plan through the media. A recent analysis by Scott Rasmussen noted that Obama himself is key to passage of the legislation. The president enjoys high job approval ratings overall and is especially popular among those who are undecided about the current legislation.

 

These latest survey results are very similar to a recent Gallup survey which found that only 38% now support the recovery plan. The Gallup survey found that another 37% wanted major changes made to the legislation, and 17% said that it should be rejected entirely.

[Vikings4ever 569]

Like they give a crap what Americans think (beyond the need for our votes).

[Recliner Pilot 61]

Looks like my threads are working!

 

 

[RLLD 4,275]

Maybe they will stop this nonsense, let the fockers fail. In their place will rise new institutions with better value systems.

[Patriotsfatboy1 1,433]

Maybe they will stop this nonsense, let the fockers fail. In their place will rise new institutions with better value systems.

Here is what I don't understand. We have these banks with a bunch of idiots who sold crappy loans and have mismanaged their business. They are expecting the government to bail them out and essentially buy that crap or they will go out of business. Why not just let them fail and then the government can cherry pick what pieces they want to buy from the bankruptcy and let the rest of the stuff die like it should have done in the first place.

 

In the meantime, you pass a nice law that essentially says that banks that mismanage assets by taking payouts or having junkets will be subject to criminal prosecution. Probably cheaper than the crap that they are putting forth now.

[RLLD 4,275]

Here is what I don't understand. We have these banks with a bunch of idiots who sold crappy loans and have mismanaged their business. They are expecting the government to bail them out and essentially buy that crap or they will go out of business. Why not just let them fail and then the government can cherry pick what pieces they want to buy from the bankruptcy and let the rest of the stuff die like it should have done in the first place.

 

In the meantime, you pass a nice law that essentially says that banks that mismanage assets by taking payouts or having junkets will be subject to criminal prosecution. Probably cheaper than the crap that they are putting forth now.

 

The fear. They fear that allowing these banks to outright collapse will result in wide spread panic throughout the financial global markets. Its a legit fear.

 

Unfortunately for us, the government cannot allow the banks to fail, regardless of how much they richly deserve it.

 

If they fail to intervene, the EU and our Asian buddies could do some very nasty work....

[kutulu 1,712]

That's funny, my Stimulus Package just rose 37%

[BLS 315]

That's funny, my Stimulus Package just rose 3.7%

 

 

Fixed

[Recliner Pilot 61]

This is why Obama is saying the country will collapse if this bill isn't passed SOON. The more people learn about this pork-barrel turd, the more they don't like it.

 

Obama, Uncle Harry, and The Moonbat are watching their dreams of shoving their leftist agenda down our throats evaporate.

[Reality 3,122]

Is this how you know the DNC is flailing?

[titans&bucs&bearsohmy! 2,745]

Obama, Uncle Harry, and The Moonbat are watching their dreams of shoving their leftist agenda down our throats evaporate.

 

How come you always hear "leftist agenda" but never "rightist agenda"?

 

Seems like the "liberal media TM" Would invent a term for that one of these days.

[Voltaire 5,497]

It's too larded up with special interest money. They should bust it into two bills ... one for stimulus , the other for everything the Dems have wanted to pour money into over the last 16 years.

[Mile High Drunk 13]

1% is to high.