In a speech last week President-elect Barack Obama said "only government" can provide the short-term boost necessary to lift the country out of the current recession. The poll finds many Americans disagree. Voters are more than twice as likely to say the most effective way to help the economy out of recession is spending by individuals and businesses (52 percent) rather than government spending (19 percent). - FOX News
A FOX News poll released Thursday shows large majorities of Democrats (78 percent), Republicans (82 percent) and independents (80 percent) think debt is ruining the economy.
In addition, 50 percent of the public says the stimulus packages and government aid to major corporations makes it feel like the country is drifting toward socialism; although a sizable 37 percent minority disagrees. Republicans (70 percent) are significantly more likely than Democrats (34 percent) to say it feels the country is moving toward socialism. Among independents, 53 percent agree. - FOX News
If you want to recover the Economy Fast, then here it is. Instead of spending the Trillions of dollars on companies that have failed, why not spend that money where you are going to get the biggest bang for your buck.
Take all of that money and pay off the Credit Card Debt that Americans have gotten themselves into. Go to the Credit Companies and tell them, they are not going to get the 20%+ and the Government pays off all of that debt. They then pass laws to restrict the way Credit Card Companies work.
Then the Government would open up more money for spending by the people than they invested into the bailout of the American People. With People not being stuck with all that debt, they will be spending more from the bottom up. Which is what Obama said during the campaign. You would quickly see a turn around of the Economy and Hell he could even raise some of the taxes to help offset the debt.
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