US: Economy (Bloomberg 3/19-22)
Emily Swanson | March 24, 2010
Topics: poll
Bloomberg
3/19-22/10; 1,002 adults; 3.1% margin of error
Mode: Live telephone interviews
(Bloomberg: Wall Street story, Economy story, results)
National
State of the Country
34% Right Direction, 58% Wrong Track (chart)
Favorable / Unfavorable
Small Business: 79 / 9
Corporate Executives: 20 / 65
Banks: 35 / 53
Wall Street: 24 / 57
Congress: 22 / 67
The White House: 44 / 45
The Federal Reserve: 42 / 31
Which of the following do you see as the most important issue facing the country right now?
31% Economy
22% Health Care
22% Government spending / deficit
19% Unemployment
5% Afghanistan
What is your expectation of when it will feel to you like the economy is strong again? Do you think that will happen within the next year, next two years, or longer than two years from now, or do you think it is already as strong as it was before the recession?
9% Within the next year
39% Within the next two years
48% Longer than 2 years
Do you think the economic stimulus passed by Congress last year is helping the economy, is keeping the economy from getting worse, is having no effect, or is hurting the economy?
20% Helping, 17% Keeping from getting worse, 33% No effect, 27% Hurting
When President Obama took office, he said he was determined to address the roots of the financial crisis so that another meltdown would not happen. Do you believe the government has taken enough action to fix what was wrong in the financial industry, has taken too little action, or do you think the government has gone too far and taken action that will be harmful down the road?
18% Has taken enough action
37% Has taken too little action
42% Has gone too far and taken action that will be harmful down the road
Comments
I would love to know what measures people think have the president has taken in re the financial crisis that will hurt the country down the road.
They trust the Fed. They trust the president. They distrust banks, executives, Wall Street. And they don't want regulation of the groups they distrust by the groups they do.
Perhaps the gridlock in Washington reflects the conceptual gridlock of the electorate?
Posted on March 24, 2010 11:29 AM
Obama hasn't done anything in regard to the financial crisis. what reforms are those idiots who comprise 42% of the country referring to?
Posted on March 24, 2010 1:25 PM
Its not so much what Obama did, rather the cultural perception in America that free market is good, yet they wanted regulated. Its the rhetoric v. reality.
Most Americans dislike and distrust wall street, corporation, bankers, health insurance and want them regulated, yet they think Obama has done too much. Its the stupid me syndrome of cultural nuance that exists in talk radio infiltrating mainstream media and society, which completely contradicts their own economic reality (basic pocket issues that affect everyday working family). Its the same old problem seen in health care reform polls, where the details is supported by most, yet the whole package is disliked or rejected.
Posted on March 24, 2010 3:52 PM
Well said Kevin and huda.
Also, the 24% who approve of Wall Street and the 35% who approve of banks should be sent to Iran. One-way ticket.
Posted on March 24, 2010 5:40 PM
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