Tuesday, April 21, 2009

Who's Right?

A couple of very interesting points from some recent Rasmussen polls...

First, remember that the American people are, on average,
smarter and more knowledgeable than our elected leaders.  In that context, Rasmussen shows us that 59% of Americans believe bailouts were a bad idea, and that 51% of Americans viewed the recent tea parties favorably (with 32% saying 'very favorable).  What's the common thread?

Politicians disagree completely.

Today, by a 61% to 23% margin, the Political Class still believes the bailouts for the financial industry were a good idea. By a 64% to 23%, they say the same about the auto bailouts.

While half the nation has a favorable opinion of last Wednesday's events, the nation's Political Class has a much dimmer view—just 13% of the political elite offered even a somewhat favorable assessment while 81% said the opposite. Among the Political Class, not a single survey respondent said they had a Very Favorable opinion of the events while 60% shared a Very Unfavorable assessment.

Can we say out of touch anyone?

And, remember this gem from February:

When it comes to the nation's economic issues, 67% of U.S. voters have more confidence in their own judgment than they do in the average member of Congress.

So, this begs the question of who's right - the Political Class, or the American people?  It's not a hard call to make.

Exhibit A: the stock market since all of this happened:



Exhibit B: the national debt since Obama has been in charge:



After looking at the results of all the 'leadership' that the very in touch Washington has provided on the economic mess since last fall, well, I'll just let you decide who's right.  After all, you're smarter and far more qualified to make that decision than they are.  Obviously.

There's my two cents.

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