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More Think Obama Stimulus Hurt Employment Than Helped

Discussion in 'Political Debate & Discussion' started by Revmitchell, Jul 6, 2010.

  1. Revmitchell

    Revmitchell Well-Known Member

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    A majority of Americans believe President Barack Obama’s has harmed economic growth, according to a Rasmussen Reports poll Friday.

    Less than a third, 29 percent, believe that the 2009 American Recovery and Reinvestment Act, better known as the stimulus package, improved the economy. Meanwhile, 43 percent believe it hurt the economy.

    The survey was released the same day that the Labor Department released its monthly figures showing that while the number of job cuts were 125,000, the unemployment rate went down from 9.7 percent to 9.5 percent, or two-tenths of a percentage point. President Obama signed the $787 billion stimulus package in February 2009, vowing the bill would save or create 3.5 million to 4 million jobs.

    In what Republican lawmakers would likely consider good news, 69 percent in the Rasmussen poll believe tax cuts are a better way to create jobs than more government spending.

    But Republican or Democratic policies aside, most voters are looking to the private sector more than government to revive the economy.


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  2. targus

    targus New Member

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    Of course the stimulus plan has done nothing to create jobs - Obama is now saying that it wasn't designed to create jobs right away - that jobs will come in the second half of the spending.

    At the same time we have Biden out there saying that jobs will never come back and we need to get used to the idea.

    All the money - and the basic plan was - to dole out to voters to buy future votes - and to dole out the special interests to keep the campaign money coming in.

    How could anyone have ever thought that it would be any different?
     
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