Monday, August 17, 2009

USAToday Poll States 57% of People Say Stimulus Failed

It seems that many people think we may have blown $787 billion and got almost nothing for our troubles.

A USA TODAY/Gallup Poll found 57% of adults say the stimulus package is having no impact on the economy or making it worse. Even more — 60% — doubt that the stimulus plan will help the economy in the years ahead, and only 18% say it has done anything to help improve their personal situation.

I think the biggest problem with the stimulus is that they sold it as a jobs bill but we lost 2.2 million more jobs in the meantime. It was also sold as an immediate help for the economy but most of it happens in 2010. What was wrong with enacting the thing in 2010 while making the stimulus 100% payroll taxes and other forms of job making incentive.

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