« | »

AP/Ipsos Poll: Lose In Iraq To Fix Economy

From those notorious poll fixers at the Associated Press and Ipsos:

Enlarge

Poll: To Fix Economy, Get Out of Iraq

By AP/Jeannine Aversa

(WASHINGTON) — The heck with Congress’ big stimulus bill. The way to get the country out of recession — and most people think we’re in one — is to get the country out of Iraq, according to an Associated Press-Ipsos poll.

Pulling out of the war ranked first among proposed remedies in the survey, followed by spending more on domestic programs, cutting taxes and, at the bottom end, giving rebates to poor people in hopes they’ll spend the economy into recovery…

Forty-eight percent said a pullout would help fix the country’s economic problems “a great deal,” and an additional 20 percent said it would help at least somewhat. Some 43 percent said increasing government spending on health care, education and housing programs would help a great deal; 36 percent said cutting taxes.

“Let’s stop paying for this war,” said Hilda Sanchez, 44, of Waterford, Calif. “There are a lot of people who are struggling. We can use the money to pay for medical care and help people who were put out of their homes.”

The subject of leaving Iraq shows a sharp partisan divide — 65 percent of Democrats think it would help the economy a lot, but only 18 percent of Republicans think so…

Who deserves most of the blame for the economy’s troubles?

More than half — 56 percent — pointed the finger at mortgage lenders. Forty-four percent said Bush deserves a lot of the blame. After that come Congress, Wall Street, consumers themselves and in last place the Federal Reserve…

In fact, economic problems have contributed to pulling the president’s approval ratings to all-time lows. Only 29 percent approve of his handling of the economy, the lowest mark yet in this polling. Bush’s overall job-approval rating slid to 30 percent, also a record low.

The AP-Ipsos poll was conducted Monday through Wednesday this week and involved telephone interviews with 1,006 adults. It had a margin of sampling error of plus or minus 3.1 percentage points.

Hey, never mind that the government has very little control over the economy, except through its tax policies and cutting spending.

And in as much as any President should get credit for the economy, Mr. Bush has presided over one of the largest and longest periods of economic growth in this nation’s history. (With unemployment rates lower than what President Clinton claimed was possible.)

Furthermore it is laughable to suggest that ending the war in Iraq would help the economy, when wars are thought by most economists to be one of the few ways a country can lift itself out of economic hard times. (Cf. the Great Depression and WWII.)

And it’s all hopeless anyway, since we are already in a “recession” according to the Associated Press and this same poll:

Many Believe US Is Already in Recession

By JEANNINE AVERSA

WASHINGTON – Empty homes and for-sale signs clutter neighborhoods. You’ve lost your job or know someone who has. Your paycheck and nest egg are taking a hit. Could the country be in recession?

Sixty-one percent of the public believes the economy is now suffering through its first recession since 2001, according to an Associated Press-Ipsos poll.

The fallout from a depressed housing market and a credit crunch nearly caused the economy to stall in the final three months of last year. Some experts, like the majority of people questioned in the poll, say the economy actually may be shrinking now. The worry is that consumers and businesses will hunker down further and pull back spending, sending the economy into a tailspin.

“Absolutely, we’re in a recession,” said Hilda Sanchez, 44, of Waterford, Calif.

Squeezed by high energy and food bills, “we can’t afford the things that we normally buy,” she said. “We are cutting corners in our spending. For our groceries, we are buying a lot of generic and we are eating out less.”

For many, the meltdown in the housing and mortgage markets has proved especially disturbing. Record numbers of people were forced from their homes, unable to afford the monthly loan payments. People watched their single biggest asset fall in value, a reason to tighten the belt…

“For-sale signs are everywhere. In my area, 35 to 40 homes are standing there and aren’t even complete. There aren’t any buyers,” said Jim Sims, 60, of Greer, S.C.

Nanette Dahlin, 52, of St. Louis Park, Minn., called the situation “very scary.” She said friends in Madison, Minn., put their home up for sale recently and reduced the asking price more than $100,000 in just a week. “They are in bad shape,” Dahlin said.

For all of 2007, the economy grew by just 2.2 percent. That was the weakest performance since 2002, when the country was struggling to recover from the last recession. The housing collapse was the biggest culprit in 2007. Builders lowered spending on housing projects by 16.9 percent on an annualized basis, the most in 25 years.

The job market is faltering _ a point driven home by a report showing that employers cut jobs in January for the first time in more than four years.

“The way things are, people are afraid of losing their jobs,” Sanchez said.

Employment concerns are contributing to darker feelings about the economy and people’s own financial well-being. Consumer confidence, as measured by the RBC Cash Index, dropped to a mark of 48.5 in early February. It was the worst reading since the index began in 2002.

A cooling job market along with high energy and food prices are taking a toll on paychecks. Workers’ average weekly earnings, adjusted for inflation, fell 0.9 percent last year. In 2006, earnings grew by a solid 2.1 percent.

Wall Street is unsettled and as a result, people’s nest eggs are not what they once were.

In fact, that was the top economic worry in the AP-Ipsos poll. Fifty-nine percent said they were worried “a lot” or “some” about seeing the value of stocks and retirement investments drop.

“I really dread opening my (financial) statements,” Sims said…

Hilariously, Ipsos uses the slogan “Nobody’s Unpredictable.” Well, Ispsos sure isn’t.

Enlarge

Enlarge

They can always be counted on to over-sample Democrats, ask loaded questions and skew their results to do the most damage to our country help their DNC masters every time.

Never mind that we are not in a recession by any normal definition of the term. The DNC’s lickspittle slaveys at the AP and Ipsos will talk us into one in time for the November elections.

But, come to think of it, why do we even both with elections? It’s hard to see why require elected officials at all.

All we really need are those Solos at Ispsos and a few thousand (mostly Democrat) respondents to decide our country’s policies.

Think of the money we would save.

This article was posted by Steve on Sunday, February 10th, 2008. Comments are currently closed.

4 Responses to “AP/Ipsos Poll: Lose In Iraq To Fix Economy”

Sorry, comments for this entry are closed at this time.


« Front Page | To Top
« | »