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Economic Policy

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    Post-election America still divided

    The election is over. The voters have spoken. But those who thought that a clear-cut verdict in the recent presidential election would finally break the partisan deadlock in Washington may find themselves disappointed.

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    Broad Concern about ’Fiscal Cliff’ Consequences

    Overview As the president and congressional leaders begin negotiations to avoid the “fiscal cliff” deadline at the end of the year, there is widespread public concern about the possible financial consequences. More say the automatic spending cuts and tax increases scheduled to take effect in January would have a major effect on the U.S. economy […]

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    Obama has a mandate. Sort of.

    Obama now has a mandate to govern. But his mandate domestically, and internationally, on specific issues is far from clear.

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    Deep Divisions over Debt Reduction Proposals

    Overview Public concern over the debt and deficit, already extensive, is only likely to increase as the so-called “fiscal cliff” approaches at the end of the year. Yet among a dozen specific options for reducing the debt and deficit, only two win majority approval from the public – raising taxes on annual incomes over $250,000 […]

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    Raising Taxes on Rich Seen as Good for Economy, Fairness

    Overview By two-to-one (44% to 22%), the public says that raising taxes on incomes above $250,00o would help the economy rather than hurt it, while 24% say this would not make a difference. Moreover, an identical percentage (44%) says a tax increase on higher incomes would make the tax system more fair, while just 21% […]

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    Debt and Deficit: A Public Opinion Dilemma

    The issue of the debt and the deficit – and what to do about it – has paralyzed Washington lawmakers. But when it comes to measures for reducing the deficit on which they might reach common ground, they will get little help in building support for an agreement by turning to public opinion. In my […]

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    For the Public, It’s Not about Class Warfare, But Fairness

    Income inequality has become a major issue in the presidential campaign. A recent Pew Research Center poll, for example, attracted wide attention when it found that as many as 66% of Americans believe there are “very strong” or “strong” conflicts between the rich and the poor, an increase of 19 percentage points since 2009. But […]

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    Auto Bailout Now Backed, Stimulus Divisive

    Overview Public support for government loans to major U.S. automakers has increased sharply since 2009. Opinions are far less positive, however, about two other major initiatives to bolster the economy – the 2008 bank bailout and the 2009 stimulus plan. Americans also are of two minds when it comes to government regulation of business. While […]