Dec

Good News – Most Americans Aren’t Keynesians

It turns out common sense isn’t completely passe. For the first time a plurality of voters believes the government spending hurts the economy, according to the latest Rasmussen poll.

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.

Now for the bad news. The political class is devoid of common sense.

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.

Aren’t there any conservatives in the political class?

Via memeorandum

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