Monday, December 28, 2009

For First Time, Plurality Believes Stimulus Plan Hurt the Economy

December 26, Rasmussen

A new Rasmussen Reports national telephone survey finds that 30% of voters nationwide believe the $787-billion economic stimulus plan has helped the economy. However, 38% believe that the stimulus plan has hurt the economy. This is the first time since the legislation passed that a plurality has held a negative view of its impact.

The number who believe that the stimulus plan has hurt the economy rose from 28% in September, to 31% in October, and 34% in November before jumping to 38% this month. The week after the president signed the bill, 34% said it would help the economy, while 32% said it would hurt.

The Political Class has a much different view than the rest of the county. Ninety percent (90%) of the Political Class believes the stimulus plan helped the economy and not a single Political Class respondent says it has hurt. (See more on the Political Class).

The underlying reason for skepticism about the stimulus plan is that 50% of voters believe increasing government spending is bad for the economy. Just 28% believe that increased government spending helps the economy.

National Survey of 1,000 Likely Voters

December 20-21, 2009

Earlier this year, Congress and the president enacted a $787 billion economic stimulus plan. So far, has the economic stimulus plan helped the economy, hurt the economy or had no impact on the economy? Helped 30% Hurt 38% No Impact 28% Not Sure 5%

[Via http://cliftonchadwick.wordpress.com]

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