Poll: Stimulus Package Better Have Tax Cuts


Obama Better Not Listen to Congressional Democrats

Rasmussen finds that the American people are generally favorable toward Barack Obama’s stimulus plan:

Generally speaking, do you favor or oppose the economic recovery plan proposed by Barack Obama?
44% Favor
28% Oppose
27% Not sure

How important is a big federal government recovery plan to the recovery of the U.S. economy?
52% Very important
23% Somewhat important
13% Not very important
5% Not at all important
7% Not sure

No surprise there. But this is interesting:

What will do the most to stimulate the economy– tax cuts or new government spending?
47% Tax cuts
32% New government spending
22% Not sure

Suppose the economic recovery plan changed so that it included only new government spending and there were no tax cuts. Would you favor or oppose an economic recovery plan that included only new government spending?
21% Favor
58% Oppose
21% Not sure

There’s a cottage industry on the Left intended to convince Barack Obama that America has taken a genuine turn to the Left, and that he risks his presidency if he doesn’t take a sharp turn left as well. But can America really be a center-left country if a clear majority favors tax cuts over new government spending? That’s why the greatest threat to Obama’s popularity is listening to the liberals in Congress. If he caves to them — and removes the tax cuts from his stimulus package — he will rightly be seen as having turned away from a majority of the American populace.

And while on the topic of Obama’s stimulus package, I have a question: what happened to all the polls we used to see about the deficit? It seems to me that just a few months ago polls showed that the deficit was a top concern in the minds of the American people. Why aren’t there any current polls examining whether it still is?

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14 Comments Leave a comment

$300 Billion

baseketball Wednesday, January 14th at 12:25PM EST (link)

Obama has already announced that the plan will include $300 billion in tax cuts. I doubt he’ll try to back off of it, he’s been pretty open to tax cuts, since his administration is of the opinion that they have a net 0 effect on the economy. Maybe if the Republicans demanded a 50-50 split between tax cuts and spending…?

The problem for him

zuiko Wednesday, January 14th at 12:31PM EST (link)

Is going to be getting Congress to agree with that. What happens when Congress sends him a bill with no tax cuts and a trillion dollars in spending? He signs it is what happens. No way he is going to veto a bill just because it doesn’t have tax cuts in it. He doesn’t have to try to back out of anything… Pelosi and company are the ones who are really calling the shots here.

Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman

Relative popularity may even the stakes

baseketball Wednesday, January 14th at 12:37PM EST (link)

Brand new President with an approval-disapproval rating or 38 vs. Pelosi’s rating of 2 and Reid’s of -8? I think for the first two months at least, it’s going to be all about “What can we do for you Mr. President?”

You might think so

zuiko Wednesday, January 14th at 12:42PM EST (link)

But so far it certainly hasn’t been the case. Congress seems to be having no problem pushing Obama around before he even takes the oath. They are eager to send him a message about who will really be in charge for the next 4 years. And Obama is beyond weak. He hasn’t taken a stand that he’s been unwilling to reverse himself on 2 or 3 times. Congress will walk all over the guy. He has no backbone at all from what we’ve seen thus far.

Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman

Completely Disagree- Obama Rules

Spartan4Life Wednesday, January 14th at 12:54PM EST (link)

He isn’t going to be getting his direction from Barney Frank and Nancy Pelosi. They may bluster but it will be all Obama’s plan. They have zero credibility and he has all kinds of political capital.

That's where his bills come from

zuiko Wednesday, January 14th at 1:05PM EST (link)

So unless he can bully them around and keep them under his thumb, very difficult for even the strongest of presidents, he will get whatever they want to send him. And this guy is weak. Super weak. He makes Bill Clinton seem like a really tough guy. Political capital is worthless if you are as wishywashy as Obama. Every decision he makes (or his handlers make for him) seems to come with an expiration date of 30 mins or as soon as it is convenient for him to drop it, whichever comes first.

Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman

 
 
 
 
 
 

He's already backed off

Vegas_Rick Wednesday, January 14th at 12:30PM EST (link)

And, it doesn’t really matter, these tax cuts won’t do anything positive for the economy. They’re just to pander to the Republican squishes in Congress who look for any excuse to go along.

“Nothing in this world can take the place of persistence. Talent will not; nothing is more common than unsuccessful people with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan ‘press on’ has solved and always will solve the problems of the human race.” Calvin Coolidge.

 

Be Careful of "Tax Cuts"

Spartan4Life Wednesday, January 14th at 12:44PM EST (link)

Here are some things that are not really tax cuts:

Expansion of the EITC
One time tax rebates for selected Americans
Increased aid for bankrupt states
Extension of unemployment benefits
Government health care

My guess is that they will implement liberal economic theory and put alot of stuff under the heading of “tax cut”.

I'm assuming that's the kind of stuff Obama refers to

zuiko Wednesday, January 14th at 12:48PM EST (link)

I’m not sure if there is a detailed plan they submitted or if they just wrote a few big numbers down on a cocktail napkin, but I haven’t seen the media cover any of the particulars. I’d be happy to be corrected here if he’s talking about across the board marginal rate cuts or even payroll tax rate cuts, but somehow I doubt that’s what he has in mind.

Underlying most arguments against the free market is a lack of belief in freedom itself. - Milton Friedman

"Federal Gov't Mortgages Your Children's Future!"

Spartan4Life Wednesday, January 14th at 1:07PM EST (link)

Wonder if we’ll ever see that headline?

NAAAAAHHHHH!

Close, but not quite

Finrod Wednesday, January 14th at 1:18PM EST (link)

The federal gov’t mortgaged our children’s and our grandchildren’s future a while ago. Now they’re working on mortgaging our great-grandchildren’s future.


Finrod’s First Law of Bandwidth:
A picture may be worth a thousand words, but it takes the bandwidth of ten thousand.

 
 
 
 

No amount of money

izoneguy Wednesday, January 14th at 12:47PM EST (link)

will cure stupidity.

“When the government fears the people, there is liberty. When the people fear the government, there is tyranny.”
Thomas Jefferson

No, but it allows stupidty to perpetuate itself

woodsman Wednesday, January 14th at 1:24PM EST (link)

Anything is possible with money. Just ask a flaming liberal.

 
 

Wait and See

Robert A. Hahn Wednesday, January 14th at 1:33PM EST (link)
    do you favor or oppose the economic recovery plan proposed by Barack Obama?

I can hardly wait for Leno to do a ‘Jaywalk’ asking, “What is Obama’s economic recovery plan?”

  • His what?
  • 75
  • Is that the new one with Tom Cruise?
  • Take 2 aspirins and call him in the morning

Drink Good Coffee. You can sleep when you’re dead.

 

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