Feb 23, 2009 8:45am
Deficit Worries
EmailJust saw new ABC/Washington Post poll. The headline is 87 percent of the country is worried about the federal budget deficit.
A whopping 59 percent say they are "very concerned" — up 10 points in two months.
Who is most worried? Republicans and Republican-leaning independents, who are less likely to support President Barack Obama’s $787-billion stimulus plan. Democrats are flat.
More HERE from ABC’s polling director Gary Langer.
–George Stephanopoulos
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In light of the present financial crisis, it’s interesting to read what Thomas Jefferson said in 1802:
Banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.
Posted by: wearedoomed | February 23, 2009, 9:03 am 9:03 am
What congress did to AMERICA is terrible. This should have just been a stimulus package not a WISH list
that was completed.
Posted by: jane | February 23, 2009, 9:09 am 9:09 am
I’m so tired about how Obama is doing this like this or that President did. Can’t he be his own man?
Posted by: jane | February 23, 2009, 9:13 am 9:13 am
The public must reconcile their growing support for the stimulus with their support for cutting the deficit. Can’t have both…
http://www.political-buzz.com/
Posted by: matt | February 23, 2009, 9:20 am 9:20 am
The Porkulus is a disgrace. The money goes to special interests and liberal pet projects.
Make your voices heard:
Tea Party USA
The Movement Grows!
Go to Michelle Malkin’s site.
Posted by: Michelle | February 23, 2009, 9:58 am 9:58 am
I don’t believe any person in this country feels secure enough with the economic situation that they are willing to risk their security by spending anything other than the cost of necessities. This stimulus package has done absolutely nothing to stimulate the economy. We are more frightened now than ever. I have pulled every cent from every institution so I will not continue to bleed losses. At least I have the value of my money as it is today because tomorrow it will be worth less.
Posted by: Don't Get It | February 23, 2009, 10:07 am 10:07 am
When Ron Paul spoke of our economic collapse people laughed. When Ron Paul told us that wars must be paid for people laughed. When Ron Paul told us that welfarism is insolvent people laughed. So what is the problem with deficits? We obviously love them.
Posted by: Huh | February 23, 2009, 10:20 am 10:20 am
The bottom line for me; is having a president that is honest and will tell me the truth. A person who will come to work every day concerned about the things that negatively impact my life, demonstrates a command of the issues. and has aliened himself with a staff who is equip with the mental capacity to sole problems. Obama has done this! The problems he has inherited did not crystallize over night and it is not going away in one month.
I just wish you showed this much concern and set off the alarm bells when Bush was running up the deficit by a Trillion dollars. Where were you then???
If you are not willing to be apart of the solution, GET OUT OF THE WAY and give the people who want to get this country on the right track a chance to be successful.
Posted by: y.sister | February 23, 2009, 10:48 am 10:48 am
y.sister – Let’s pray that Obama has some divine guidance, because we are in a big mess.
Posted by: Huh | February 23, 2009, 11:38 am 11:38 am
“If you are not willing to be apart of the solution, GET OUT OF THE WAY and give the people who want to get this country on the right track a chance to be successful.”
—————————————
your obviliously deluded! Obama and his “team” have no friggin idea what they are doing!
Giethner decides at the last minute that he is wrong and needs to comletely re-think the whole approach in regards to the banks & financial system!
You flapp your gums about Bush, yet as a typical liberal, you mention ZERO Democrats! Blame is here on both sides of aisle! You want a solution, but you dont have courage to admit how we got here. You can’t fix a problem when you are not willing to understand HOW it happened in the first place!
Obama is throwing tons of manure at the wall hooping like hell something sticks and some roses grow out of it!
The more economists and others look at this foolish “stimulus” package, the less ompimistic they are about it having an impact of recovery!
Yuo speak of a trillion dollar debt, yet Obama has committed us to multiple trillions of dollars, with no real clue if it will really have an impact.
Most all the political observers (on most of the networks) are agreeing on this, when the recovery comes, it will not possible to understand what if anything in the “stimulus “had anything to do with it!
So as far as “getting out of the way”, instead of bitching at the opposition ALL the time, try actually reading that near 1100 pages of garbage we are now committed to. Ask yourself where the 3.5 to 4 million jonbs are in it. how are we going to know if any particular appropriation in it has created “x” jobs? Do you understand what a “saved” job is? Where is the definition of it in this bill?
are you willing to have YOUR taxes raised to pay for this slop? Ther eis no way this thing, the housing package, TARP I and TARP II are going to paid for with out EVERYONE’S taxes going up!
By the way, if your one of Obama’s “middle class” that he promised not to raise your taxes…and you smoke, your taxes have ALREADY been raised!!!! To pay for the SCHIP law!
“ABC’s George Stephanopoulos: “Would you take the same pledge [that there will be no middle class tax increases of any kind]?” Obama: “Well, I not only have pledged not to raise their taxes, I’ve been the first candidate in this race to specifically say I would cut their taxes.” (ABC Democrat Candidates Presidential Debate, Philadelphia, PA, 4/16/08)
Gotta love those promises!
Posted by: Mike_C | February 23, 2009, 1:14 pm 1:14 pm
Obama said no to wallstreet. WALLSTREET is MAINSTREET. I no longer have a 401 K and IRA.
Posted by: jane | February 23, 2009, 4:10 pm 4:10 pm
Bottom line is: someone has to pay down this massive amount of borrowing done to fund the myriad of bailout and stimulus programs enacted in the past 6 months. The president has promised by 2013 to reduce by half the 1.3 trillion currently committed for bank bailouts and stimulus. To do this, taxes are going up. Look for a 4% across the board increase for those earning above 80K.
Posted by: Terry | February 23, 2009, 8:11 pm 8:11 pm
Where was the poll taken that ABC/Washington Post used.It must not be to accurate to state that 68% approved of Obamas first 30 days and then turn around and say that 87% are worried about the deficit.It’s kind of like Obama,talking out of both sides of his mouth.
Posted by: Johnny L | February 24, 2009, 9:06 am 9:06 am
Yes, Where are these pole numbers from?
I don’t believe then for a moment!!!
Posted by: sally kelley | February 28, 2009, 7:11 am 7:11 am
Sally, I think the pole numbers came from Poland.
Posted by: Travis | February 28, 2009, 4:59 pm 4:59 pm