The Homa Files

Answer: If perception is reality, then not much.

Stimulus spending has far exceeded $1 trillion (don’t forget Fed actions and bailouts).

Since the 3 to 4 million jobs saved or created was discarded as a metric, we’ve got look elsewhere for performance measurements.

How about how people assess the effect of Obama’s economic programs on them personally ?

Left-leaning CBS conducted a poll and found that:

• More people think Obama’s economic programs have hurt (18%), rather than helping them (13%)
• Less than 1 in 4 Dems think Obama’s economic programs have helped them
• The vast majority — 68% – think Obama’s economic programs have had no effect on them

So, taking the most favorable view, people think that a trillion dollars in added debt has bought us, well, nothing.

Oops.

http://www.cbsnews.com/htdocs/pdf/poll_052510.pdf?tag=contentMain;contentBody

This entry was posted on June 1, 2010 at 7:51 am and is filed under Debt - Deficit, Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.