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Sunday, December 27, 2009

Is the Obama stimulus helping or hurting the economy?

Scott Rasmussen's latest poll shows voters by a 38% to 30% margin believe that the stimulus is hurting.

Repeat: 38% believe that the stimulus has not just been ineffective, but it has actually hurt.

Why? It seems that for the trillion dollars spent, the public has seen little or no improvement. But they have seen the deficit skyrocket out of control.

The Obama administration may have been too clever by half when it decided to hold off on spending most of the money until the election year of 2010.

Here's the breakdown by class, gender and party:

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.

Men, by a 42% to 27% margin, believe the stimulus effort has hurt the economy. Women are evenly divided.

Fifty-one percent (51%) of Democrats believe the stimulus plan has helped the economy while 47% of Republicans believe it has hurt. Among those not affiliated with either major political party, 52% believe the stimulus plan has had a negative impact.

And here's a very important piece of polling data: 55% of Americans Are Populist, 7% Support the Political Class

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