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Thread: Barack's progress report

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  1. #1
    lloyd Handwerker is offline
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    Barack's progress report

    with some humour.

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  3. #3
    just sirius is offline
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    Latest Rasmussen poll

    Fantastic progress!

    Lloyd can you spin this for us!


    71% Say Obama’s Policies Have Driven Up Deficit
    Wednesday, August 05, 2009 Email to a Friend ShareThis.Advertisement
    Seventy-one percent (71%) of U.S. voters say President Obama’s policies have increased the size of the federal deficit, according to a new Rasmussen Reports national telephone survey.

    Only five percent (5%) say the president’s policies have cut the deficit, and 10% say they have had no impact. Thirteen percent (13%) are not sure.

    Eighty percent (80%) of investors say Obama’s policies have driven up the deficit, a view shared by just 57% of non-investors.

    Not surprisingly, 88% of Republicans blame the president’s policies, compared to 52% of Democrats. But 79% of voters not affiliated with either party agree.

    Obama has initiated a number of big spending programs intended to jump-start the U.S. economy, and the Treasury Department estimates that the federal debt has grown by more than a trillion dollars since he took office. In his defense, the president notes that he inherited both an economic crisis and an already sizable deficit from President Bush.

    On the economic crunch, most Americans agree with the president. Fifty-four percent (54%) blame the recession that began under the Bush administration for the nation’s economic woes, while 39% say Obama’s policies are at fault.

    (Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

    A plurality of voters (37%) say cutting the federal deficit in half in the next four years is number one among the four priorities the president listed in a speech to Congress in February, but 66% view it as the goal he is least likely to achieve.
    Eighty-one percent (81%) of voters now say the bigger problem for the United States today is not voters’ unwillingness to pay enough in taxes but is instead the unwillingness of politicians to control government spending. This is little changed since May.

    Twelve percent (12%) say the problem is that voters are unwilling to pay more in taxes.
    Ninety-two percent (92%) of Republicans and 86% of unaffiliated voters see the unwillingness of politicians to control government spending as the bigger problem, as do 67% of Democrats.

    Only 16% of voters say tax increases help the economy. Most voters (54%) say tax hikes hurt the economy, a number that has been fairly consistent for more than 10 years.

    Sixty-eight percent (68%) of voters expect government spending to increase under the Obama administration. But 46% think cuts in government spending help the economy.

    Fifty-four percent (54%) of U.S. voters say tax cuts for the middle class are more important than new spending for health care reform, even as President Obama’s top economic advisers signal that tax hikes may be necessary.
    Last edited by just sirius; 08-08-2009 at 12:26 PM. Reason: added bold
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  4. #4
    lloyd Handwerker is offline
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    Talking

    Snoring from boredom.
    Even Obama acknowledges the obvious. Of course the deficit is going up.
    Most major economists including Republcans say that you have to spend your way out of a serious Recession. Lets see what can be done after the
    economy is righted to bring the deficit down.

    Funny because Cheney is someone who said that "deficits dont matter".
    Remember that quote?

  5. #5
    just sirius is offline
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    Lloyd

    Let's look at Japan...they have tried at least 7 stimulus packages...and their economy is still on the brink of collapsing further. You cannot spend your way out of a recession...has never been done!

    Cheney is no longer revelent!

    You asked for polls...I gave them to you!

    If you think that the recession is over...your sadly mistaken!
    PURCHASED THE CABIN IN THE WOODS...THANKS MEL, MALONE, AND THE BLUE DOG

  6. #6
    lloyd Handwerker is offline
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    I didnt say the recession is over. i dont think it is by a long shot though it may be technically over soon.

    What i have read in regard to Japan and the US is that Japan waited way too
    long to stimulate the company and thereby set it on a course of many years of recession. Those who disagree with you from the right and left think you have blast it quickly with stimulus. Some like Warren Buffett believe we didnt do enough (because of political compromise) the first time around and must come back with a 2nd stimulus package. That's Warren Buffett speaking not some wide eye crazy ideologue. Read Paul Krugman's article i just posted. You probably dont agree with it but at least keep an open mind. He is after all a nobel prize winner in Economics. Anyway.........

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