Public opinion turns against stimulus

For some time a majority has believed that the Democratic stimulus plan has not helped the economy (i.e., that it either hurt or had no impact). Now a plurality believes that the stimulus plan actually hurt: 38% say it did, while 30% say it helped and 28% say it had no impact. (Other than spending a whole ton of money we don’t have.) Among independents, 52% say that the stimulus plan has hurt. That’s actually higher than the Republican number (47%).

Unsurprisingly, a majority opposes a new stimulus plan. In fact, a majority also says that we would be better off if we cancelled the unspent portion of the old stimulus plan. Much of it has not been spent yet; we should absolutely do that. But we won’t. Here’s why.

(Via Power Line.)

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