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Wednesday, August 5, 2009

Majority of Americans Believe Obama's Policies have Driven up the Budget

Seventy-one percent (71%) of U.S. voters say President Obama’s policies have increased the size of the federal deficit, according to a new Rasmussen Reports national telephone survey.

Only five percent (5%) say the president’s policies have cut the deficit, and 10% say they have had no impact. Thirteen percent (13%) are not sure.

Eighty percent (80%) of investors say Obama’s policies have driven up the deficit, a view shared by just 57% of non-investors.

Not surprisingly, 88% of Republicans blame the president’s policies, compared to 52% of Democrats. But 79% of voters not affiliated with either party agree.

Obama has initiated a number of big spending programs intended to jump-start the U.S. economy, and the Treasury Department estimates that the federal debt has grown by more than a trillion dollars since he took office. In his defense, the president notes that he inherited both an economic crisis and an already sizable deficit from President Bush. - Rasmussen Reports Poll

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