Academic

MSNBC: Poll: Public increasingly concerned about deficit. ?As the young Obama administration spend?

By Glenn Reynolds

MSNBC: Poll: Public increasingly concerned about deficit. “As the young Obama administration spends trillions of dollars in its effort to turn around the nation?s economy and revive the U.S. auto industry, the American public is growing concerned about the size of the budget deficit and the government?s intervention into the private sector, the latest NBC News/Wall Street Journal poll finds. Nearly seven in 10 have serious reservations about the federal government?s ownership stake in General Motors. Almost 60 percent say that President Obama and Congress should worry more about keeping the deficit down ? even if that means it will take longer for the economy to recover. And fewer than half of Americans have confidence in the president?s policies to improve the economy.”

Gee, why would they be concerned?

Full post as published by Instapundit.com on June 18, 2009 (boomark / email).