Economic Policy

The Bad Rap on the Bailout Bill

Small Plurality Backs Bailout Plan

As Congress debated the financial bailout bill over the past week, public support for government action has declined. A new Pew Research Center survey conducted Sept. 27-29 finds a narrow 45%-38% plurality of the public saying that a government plan to invest or commit billions of dollars to secure financial institutions is the right [...]

57% of Public Favors Wall Street Bailout

By a margin of almost two-to-one the American public thinks the government is doing the right thing in investing billions of dollars to try to keep financial institutions and markets secure. Reacting to initial reports of the federal bailout plan over the weekend, 57% said the government was doing the right thing, while 30% [...]

Inflation Staggers Public, Economy Still Seen as Fixable

The public continues to be extremely downbeat about the national economy. Just 10% say the economy is in good shape, while 72% say the economy is either in a recession (54%) or a depression (18%). On a personal level, concerns about rising prices have surged. Beyond widespread anxiety about energy costs, a growing number [...]

The Complicated Politics of Free Trade

Crafting effective U.S. trade policies in an era of rapid economic globalization is tough. But the politics of free trade are even tougher — particularly for Democrats, according to a recent national survey conducted by the Pew Research Center for the People & the Press. Read the full analysis at pewresearch.org

Free Trade Agreements Get a Mixed Review

Summary of Findings The American public continues to have a mixed opinion about free trade agreements such as NAFTA and the WTO. On balance they are seen as a good thing for the country, but Americans are divided over the impact of free trade agreements on their own personal financial situations. About as many people [...]

Do Deficits Matter Anymore? Apparently Not to the Public

Budget Cuts Look Cheaper Out of Focus

How does the public want to pay for cleaning up after Hurricane Katrina and her disruptive relatives? As politicians grapple with the costs of disaster relief following a string of major hurricanes along the Gulf Coast, there is no clear public consensus over where the money should come from. In particular, while most Americans believe [...]

Katrina Relief Effort Raises Concern Over Excessive Spending, Waste

Summary of Findings The public overwhelmingly supports the Hurricane Katrina rebuilding aid already approved by Congress. Going forward, however, as many Americans worry that the government will spend too much on hurricane relief as say it will spend too little. And while Katrina’s potential impact on the budget has become a major issue in Washington, [...]

Katrina Has Only Modest Impact on Basic Public Values

As the Hurricane Katrina recovery effort unfolds along the Gulf Coast, there has been considerable speculation about the disaster’s possible impact on fundamental public attitudes on such questions as the role of government, the plight of the poor and the extent of racial progress in the U.S. On the left, some have expressed the hope [...]

World Publics Approve Increased International Trade

But Concern for Problems of Global Economy

Americans More Optimistic About Economy, But Not Bush Tax Cut

Summary of Findings With the war in Iraq over, Americans are feeling more optimistic about a turnaround in the national economy, and a greater number than at the beginning of the year think that President Bush is doing as much as he can to improve economic conditions. But the president’s tax cut proposal continues to [...]

Tax Plan Fails to Connect, Bush’s Economic Ratings Sag

Introduction and Summary President Bush’s tax-cut plan is getting a tepid reception from the public and has failed to stem a steady erosion of his ratings on the economy. Barely four-in-ten Americans (43%) approve of his handling of the economy, while 48% disapprove. This marks the first time in Bush’s presidency a Pew survey has [...]

Bush Confronts State of Economic Unease

Summary of Findings As President Bush prepares for his Jan. 28 State of the Union address, the public’s mood is more subdued that it was a year ago, especially regarding the nation’s struggling economy. Just three-in-ten say they expect economic conditions to improve over the next 12 months, a significant decline from last January when [...]

Views of Business and Regulation Unchanged by Enron

Introduction and Summary The American public increasingly recognizes the gravity of the Enron scandal — a greater percentage than in January has been following news about the case, and more now think the collapse of the Houston energy giant is of great importance to the nation. Yet the public’s underlying attitudes toward business and government [...]

Economy, Education, Social Security Dominate Public’s Policy Agenda

Introduction and Summary As President Bush and Congress return to work, a trio of long-standing concerns dominate the public’s list of policy priorities. The economy is the public’s leading priority, cited by eight-in-ten Americans, followed closely by education (76%) and Social Security (74%). Democratic leaders on Capitol Hill hold a 44%-37% edge over the president [...]

Wobbly Economic Attitudes Key to Bush’s Future

by Andrew Kohut for America Online

Bush Approval on Par, No Tax Cut Momentum

Introduction and Summary The public’s view of George W. Bush’s first month in office is remarkably unremarkable. Despite the extraordinary path he took to the White House, Americans are reacting to Bush in much the same way they responded to his predecessors. Bush’s modest February job approval rating (53%) is comparable to ratings accorded Bill [...]

Americans Divided on China Policy

Introduction and Summary The public is deeply divided about the future of U.S.-China relations. Although a solid 60% majority say relations between the United States and China are stable — neither improving nor getting worse — there is little agreement over the question of whether our current handling of China is tough enough and no [...]

More Rancorous, But Not “Do Nothing”

Introduction and Summary As Congress heads home for the summer campaign season, both parties face tough sells for their election themes. Despite Democratic charges of a Republican-led do-nothing Congress, Americans see the 105th Congress as no different than others in recent memory. But the GOP will have to shore up its image on issues, as [...]

Spending Favored Over Tax Cuts or Debt Reduction

Introduction and Summary In his sixth State of the Union next week, President Clinton will face an American public that retains a healthy appetite for government activism — fully two-thirds advocate spending any budget surplus this year. But that enthusiasm is tempered by often sharp generational differences on federal spending priorities. In a clear signal [...]

When Washington Works, Incumbents Prosper

Introduction and Summary For the first time in a very long time, Americans are happy with the country’s course and it is beginning to pay dividends to the political establishment. Not only are Bill Clinton’s approval ratings approaching Reagan’s at a comparable point, but support for Congressional incumbents is at a decade high, and interest [...]

Public Divided on Medicare Reforms

Survey Findings Pew’s latest News Interest Index finds that a little bit of news about Medicare reform travels a long way, while a lot of news about tax relief is mostly greeted with shrugs and disbelief. Fewer than four in ten Americans (38%) paid close attention to the ongoing Washington debate about how to cut [...]

Americans Only a Little Better Off, But Much Less Anxious

Introduction and Summary Psychologically, Americans have turned an important corner recently. They have become much less concerned about meeting major financial commitments, even though they say their material conditions have not dramatically improved. Heightened worries about affording health care, saving for retirement, or saving for a child’s college education have fallen off significantly in recent [...]

Widespread Pessimism about Balanced Budget

Survey Findings Despite the new spirit of bipartisanship in Washington and the sense of optimism inside the beltway that a budget agreement may finally be at hand, the American public is extremely bearish about the prospects for a balanced budget. Just 28% believe President Clinton and the GOP Congressional leaders will be able to reach [...]

Bill Clinton’s Big Lead and The Electoral College

Also: Tax Cuts and Deficit Reduction … In What Context?; Chance Error and Horse Race Leads

Clinton Ratings Hold: Balanced Budget A Public Priority, But Few See Personal Payoff

Introduction and Summary Age and income make a difference in the perceived impact of a balanced budget and changes to Medicare. A majority of Americans with family incomes of $75,000 or more think they will be helped personally by a balanced budget, while smaller percentages of middle and lower income people foresee a personal payoff. [...]

Strong Support for Minimum Wage Hike and Preserving Entitlements

Report Summary While the Contract for America is getting all the play in Washington these days, there is still a lot of New Deal thinking in the rest of the country. No fewer than 79% of respondents in the latest Times Mirror Center survey say they approve of Bill Clinton’s proposal to increase the minimum [...]

Public Expects GOP Miracles

Report Summary The GOP is riding high with the public in the after-glow of its big election victory. Most Americans (57%) are happy the Republicans won, approve of their plans and policies for the future (52%), and think party leaders will be successful in getting things done in Washington (62%).

Public Opinion In Gridlock Over Clinton Economic Package

REPORT SUMMARY In just two months, the wide margin of public support for the Clinton economic package has narrowed dramatically, and Americans are now closely divided over whether Clintonomics will pay dividends in the long run. The public is further split on whether President Clinton can get his package passed in Congress, and most Americans [...]