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Majority Of Americans Directly Oppose Obama Economic
Policy
Gallup poll reveals Americans "very worried"
about financial future
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A new Gallup poll has revealed that the majority of Americans
are directly opposed to the Obama administration's economic
policy.
57% say the so called economic "stimulus"
package is having no impact on the economy or making it worse,
reports USA
Today, who commissioned the poll.
According to the figures, just 18% believe that
the stimulus plan is having any effect on their financial situation.
60% say the Obama policy will have no effect
or will make things worse in the long term, with 51% feeling
that the government has spent too much on the stimulus.
Over three-quarters of those questioned, 78%,
said they were either "very worried" or "somewhat
worried" that their tax dollars are simply being wasted.
The full poll results are here.
House Minority Whip Eric Cantor, R-Va, stated
that the results indicate a growing resentment among the American
people for the Obama administration in general.
"This is a wake-up call for the administration.
People see the stimulus hasn't worked, and now you want to lay
on over $1 trillion in a health care plan." Cantor commented.
(Article continues below)
"Is it any wonder the public has lost trust
and confidence in these players and our government?" asks
The International
Forecaster's Bob Chapman in a dire warning of worse
to come.
"The Fed’s Wall Street bubble, as we
forecast in January, will need at least $2 trillion more in
2010, if the economy is to just stay on an even keel."
Chapman writes.
"The massive debt liquidation particularly
in banking, Wall Street and in insurance demands many more trillions
of dollars. $23.4 trillion is not going to be enough. Presently
the Fed is in the process of monetizing $2 trillion in Treasuries,
Agency paper, such as Fannie Mae and Freddie Mac and collateralized
debt obligations held by lenders. It is a secret what the Fed
is paying for this almost worthless paper."
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INFOWARS:
BECAUSE THERE'S A WAR ON FOR YOUR MIND
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