Monday, August 17, 2009

Majority Of Americans Don't See Stimulus As Helpful

57 percent of Americans do not see that the $787 billion stimulus plan that the Democrats and Obama jammed through, working.

USA Today:

Six months after President Obama launched a $787 billion plan to right the nation's economy, a majority of Americans think the avalanche of new federal aid has cost too much and done too little to end the recession.

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.

That skepticism underscores the challenge Obama faces in trying to convince the public that the stimulus has helped turn the economy around. It also could complicate the administration's plans to overhaul the nation's health care system.

"This is a wake-up call for the administration." says House Minority Whip Eric Cantor, R-Va. "People see the stimulus hasn't worked, and now you want to lay on over $1 trillion in a health care plan."


Yet, as of July 2009, Obama advisers and others are suggesting another stimulus package?

The U.S. should consider drafting a second stimulus package focusing on infrastructure projects because the $787 billion approved in February was “a bit too small,” said Laura Tyson, an outside adviser to President Barack Obama.


Back in March, the Speaker of the House, Nancy Pelosi was "open" to the thought of another stimulus package... i wonder if she still is, someone needs to ask her.

.