Capital Commerce

Gallup: Only 38 Percent Support Obama Stimulus Plan

By James Pethokoukis

Posted: February 4, 2009

A new Gallup poll finds that only 38 percent of Americans want the Obama stimulus plan passed without major changes. Nor do they have a whole lot of confidence in it:

While the majority of Americans favor Congress' passing some type of stimulus plan, there is remarkably little confidence on the part of the public that the plan would have an immediately positive impact on the U.S. economy. Americans are also pessimistic about the plan's potential positive impact on their own families' financial situations.

Me: This isn't that hard: a) cut payroll taxes; b) cut corporate taxes or put in an investment tax credit; c)suspend mark-to-market accounting; d) a capital gains tax holiday; e) loans to states and cites; f) targeted infrastructure spending.

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Capital Commerce

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U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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