Obama’s Policies Seen as Better than Bush’s for Improving the Economy
As Congress gears up for debate over the tax cuts passed when Bush was president, the public is divided, with roughly equal numbers in favor of keeping all of Bush’s tax cuts, repealing only those for wealthy Americans, or scrapping them entirely.
Government Economic Policies Seen as Boon for Banks and Big Business, Not Middle Class or Poor
Partisan groups disagree sharply about many aspects of the government’s anti-recession policies — with two notable exceptions: Large majorities of independents, Republicans and Democrats all say large banks and financial institutions got the most help while few in each group say the policies have done much for the poor.
Public’s Wish List for Congress — Jobs and Deficit Reduction
Fully 80% say it is very important for Congress to pass legislation to address the job situation; nearly half of public disapproves of challenge to Arizona’s immigration law and health care legislation.
Public Uncertain How to Improve Job Situation
There is broad public agreement that past government policies intended to address the financial crisis and recession have not worked. At the same time, there is very little agreement about what the government should do now to deal with the nation’s biggest economic concern — the job situation.
Doubts About Obama’s Economic Policies Rose Over the Last Year
For the first time, slightly more say the impact of Obama’s economic policies has been negative rather than positive; many see recovery as distant; views on financial reforms are mixed.
Pessimistic Public Doubts Effectiveness of Stimulus, TARP
As has been the case for most of the past two years, about nine-in-ten rate national economic conditions as only fair or poor. As a political consequence, the Democratic Party has lost ground to the Republican Party on a wide range of issues, including the job situation.
Public’s Economic Woes Persist
Americans don’t favor the current health care reform legislation, but most opponents prefer a new bill to no bill and more see their health care costs rising without reform than with it. Nearly everyone gives the national economy a negative rating; 70% of Americans say they have faced one or more job or financial-related problems in the past year
It’s All About Jobs, Except When It’s Not
A look at the connection between the rise and fall of joblessness and the political fortunes of past presidents in the modern era is instructive although the lessons to be drawn are far from crystal clear. Thus far, only Ronald Reagan’s ratings in his first term have borne as close a connection as have Obama’s to changes in the unemployment rate.
The Public’s Political Agenda
Strengthening the nation’s economy and improving the job situation continue to top nation’s priority list. However, shifts have occurred on the priority give to two issues: energy (down) and the budget deficit (up). Extremely large partisan gaps exist on the importance of health care and global warming.
How the Economy May Sway 2010 Governors’ Races
The tax hikes that so many states levied to plug holes in their recession-ravaged budgets this year could endanger some incumbent governors’ careers in 2010 when 37 gubernatorial contests are at stake.