The Recession

Americans Want to Cancel the Rest of the Stimulus Package

| by Reason Foundation

Americans get fed up with inflated claims about the power of the stimulus, collectively say "600,000 new jobs? Sure pal. You going to toss in some prime real estate in Florida, too, Obama?" Rasmussen reports:

Only 31% of Americans believe the new government spending in the stimulus package creates new jobs. Forty-eight percent (48%) say the stimulus spending does not create jobs, and 21% are not sure.

Thus, in an unusual display of logical consistency, voters are turning against the whole stimulus idea.

Forty-five percent (45%) of Americans say the rest of the new government spending authorized in the $787-billion economic stimulus plan should now be canceled. A new Rasmussen Reports national telephone survey found that just 36% disagree and 20% are not sure.

According to news reports, only $36 billion of the stimulus plan had been spent as of late May. Just 20% of adults say the tax cuts included in the stimulus plan should be canceled while 55% disagree. The stimulus plan includes $288 billion in tax cuts.