Despite all of the negative news swirling around President-elect Barack Obama’s proposed economic stimulus package, most Americans say they support the plan, even though it would cost taxpayers a whopping $800 billion.
Fifty-six percent of those answering CNN/Opinion Research Corp.’s survey say they support the package; 42 percent are opposed to it.
Obama has been a vociferous supporter of attempting to revitalize the economy by infusing big bucks into business and industry. Failure to do so, he says, keep the nation’s economy locked in recession.
Many political observers have praised him for taking a stand that is not politically popular.
According to the poll, two-thirds of the public think the stimulus package will reinvigorate the economy, with 17 percent saying it will help the economy a lot and another 50 percent feeling that it will help the economy somewhat. Twenty-one percent say the stimulus package won't help the economy very much and 10 percent say it won't help at all.
Still, the poll shows that Americans are equally divided over whether or not they support bigger government.
"Attitudes toward government have not changed since 2006, when the economy was still in pretty good shape," said CNN Polling Director Keating Holland. "Most still say the government is doing too much that should be left to individuals and businesses, and trust in government is still low."
However, “with the economy in such poor shape, government action to stimulate the economy seems to get an exemption to the general concerns about big government."