More bad news for the Obama administration. Support for his $1.2 trillion government expansion plan continues to plummet, with a plurality of voters now opposing it.
Even worse for Obama, half of all voters now say his plan will do more to hurt the economy than help it and Americans are more worried the government will do too much than do too little.
The latest Rasmussen Reports national telephone survey finds only 37 percent of voters still support the plan. A whopping 43 percent oppose the Obama plan. Twenty percent are not sure.
Most troubling for Obama is where the growing opposition is coming from — the independent voters who elected him and whose support he needs to pass other legislation. Only 27 percent of unaffiliated voters back Obama’s "stimulus" plan. Fifty percent oppose it.
That continues a downward spiral for the $1.2 trillion package of wealth transfers and increased government spending. Two weeks ago 45 percent of voters supported the plan, which dropped to 42 percent last week and now just 37 percent this week.
Opposition grew from 34 percent two weeks ago, to 39 percent last week and is now up to 43 percent today and still growing.
Fifty percent voters now feel the "stimulus" plan will do more to hurt the economy than help it. Only 39 percent disagree. Forty-six percent are worried the government will do too much, only 41 percent feel it may do too little.
A stimulus plan that includes only tax cuts — a plan backed only by Libertarians — i
Forty-five percent favor a tax-cut only plan while 34 percent are opposed. That’s an increase in support for tax cuts-only from last week. Fifty-nine percent of voters are concerned government will raise spending too much.
Overall, 57 percent of voters say tax cuts will do more to improve the economy than bigger spending, including 60 percent of independent voters. In fact, Rasmussen finds 44 percent of voters now say they’d vote for a candidate who opposed all tax increases rather than one who promised to raise taxes only on the rich.
Posted at LP.org by Donny Ferguson. Reposted to IPR by Paulie.
Rockwell spews hate, and I’m all about love, so while I recognize he’s an L, too, I definitely distance myself from him and how he “thinks.”
Interestingly, Rockwell still to this day has not retracted his King-deserved-it insanity. He obviously doesn’t understand the notion of “to err is human, to forgive divine.” Perhaps he’s too wrapped up in his ego.
Pity.
I certainly disagree with the strategy of a paleolibertarian-paleoconservative alliance with the racist far right, embracing the George Wallace movement’s approach to social tensions between the “races,” the embrace of a fictionally sanitized 1950s view of sexual morality and family relations, etc. Much embarrassing material, including Rockwell’s Rodney King article and the Ron Paul newsletters, emerged from this.
This doesn’t cause me to throw out the many good things published at Mises.org and LewRockwell.com, including by Rockwell himself, and certainly by writers such as Roderick Long who never embraced the “paleo” strategy.
http://en.wikipedia.org/wiki/Left-libertarianism#Radical_free-marketeers
PC: Gun to my head, of course I choose Long over Rockwell. Rockwell spews hate, and I’m all about love, so while I recognize he’s an L, too, I definitely distance myself from him and how he “thinks.”
Interestingly, Rockwell still to this day has not retracted his King-deserved-it insanity. He obviously doesn’t understand the notion of “to err is human, to forgive divine.” Perhaps he’s too wrapped up in his ego.
Pity.
http://en.wikipedia.org/wiki/Libertarian_perspectives_on_political_alliances
http://en.wikipedia.org/wiki/Libertarianism#Left-libertarianism
Some members of the U.S. libertarian movement, including the late Samuel Edward Konkin III[66] and Roderick T. Long,[67] employ a differing definition of left libertarianism. These individuals depart from other forms of libertarianism by opposing intellectual property,[68] by advocating strong alliances with the Left on issues such as the anti-war movement,[69] and by supporting labor unions.[70][71] Some wish to revive voluntary cooperative ideas such as mutualism.[72]
Mises.org is just the publisher.
The speech is by Roderick Long
http://praxeology.net/
http://en.wikipedia.org/wiki/Roderick_Long
I highly recommend reading it if you haven’t already. One of my all-time favorite articles.
As for Rockwell: very good on peace issues, and on civil liberties issues related to the “war on terror” and (usually) on civil liberties issues related to the war on drugs. Also very good on economic issues.
Not so good on some social issues, but Roderick Long parts company with him on those.
Paulie, I agree, although linking to Mises.Org seems hurts your case. The president of that institution was a-OK with the Rodney King beating, which feels awfully “right” to me.
Libertarians, Conservatives, Patriots and Republicans will seize a veto-proof majority in Congress in 2010, we will all have tax cuts galore, and everyone (except liberals, Democrats, welfare queens and illegal aliens) will live happliy ever after
We really should stop classifying libertarianism as part of the right.
http://mises.org/story/2099
http://bradspangler.com/blog/archives/283
Sam,
Tax credits: the tax code is complicated enough. How about scrapping it and giving working people a break instead?
As for your claim, “Add a made in American requirement and you have a hot plan and NO AMERICAN WILL DISAGREE” – so, you think that all Americans have a group mind, which is economically illiterate? Or that people who have studied economics and history, and understand that protectionism is detrimental to the country as well as the world, are not “true Americans”?
Leymann, maybe. This could all lead to blowback on Obama and the Ds. Or maybe he’s FDR, selling more failure for more failure.
Why aren’t we encouraging more consumer & business spending to stimulate our economy and create Jobs?
Car purchases = 3000.00 tax Credit for new cars > 20mpg
New home buyers = 10,000.00 tax deduction the 1st year.
Energy Saving Home Improvements = 33% tax deduction (wind solar, geothermal)
Energy Saving Appliance purchases = 20% tax deduction (Energy Star Qualified)
Add a made in American requirement and you have a hot plan and
NO AMERICAN WILL DISAGREE
The LP should be happy. If the plan passes and fails or, better yet, if the plan passes and works but voters are so upset as the LP implies, then Libertarians, Conservatives, Patriots and Republicans will seize a veto-proof majority in Congress in 2010, we will all have tax cuts galore, and everyone (except liberals, Democrats, welfare queens and illegal aliens) will live happliy ever after.
The End.