Sunday, August 16, 2009

STIMULUS LITMUS

BANZAI7 NEWS--Six months after President Obama launched a $787 billion plan to right the nation's economy, a majority of Americans think the avalanche of new federal aid has cost too much and done too little to end the recession.

A USA TODAY/Gallup Poll found 57% of adults say the stimulus package is having no impact on the economy or making it worse. Even more —60% — doubt that the stimulus plan will help the economy in the years ahead, and only 18% say it has done anything to help improve their personal situation. In contrast, 99.9% of Americans employed by Wall Street investment banks believed that stimulus plan is working perfectly.

All hail the jobless recovery!

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