60% say no to second Stimulus 7 July, 2009Posted by David Anderson in Economic Policy.
60% of voters surveyed oppose a new federal stimulus bill. This may explain the administration’s reluctance in asking for another one. Voters are divided into three camps about the first one. 31% say that it hurt the economy, 30% say that it helped, and the rest are not sure. That would explain why only 27% of the people favor another one. Japan had ten stimulus packages with little effect during its lost decade.