Half of Americans Think Gov’t Is a Poor Manager of the Economy

March 5, 2012 - 12:00 PM

(CNSNews.com) - Most Americans think that government is a poor manager of the economy, a new Rasmussen Reports survey shows, and most people holding this view are either Republicans, or not affiliated with either party. They tend to be middle income.

According to the report, 50 percent of American adults believe that government management of the economy hurts, while only 27 percent of American adults believe it helps. Another 17 percent is unsure about government’s impact on the economy and six percent said it has no impact.

Those who believe government intervention in the economy helps tend to be Democrats by a 46 percent to 26 percent margin.

On the other hand, 66 percent of Republicans and 57 percent not affiliated with either the Republican Party or Democratic Party share the view that government management of the economy is harmful.

The report didn’t give a specific number but it did say that middle income Americans are likelier to believe government management has deleterious effects on the economy.

However, the survey also says that upper income Americans tend to believe that government management helps the economy.

The Rasmussen survey asked this question: “Suppose that everyone in America cut back on their spending a bit, reduced their debt, and saved a little more money. Would that be good for the country or bad for the county?”

Most adult Americans, by a 73 percent to 15 percent margin, thought cutting back on their spending, reducing their debt, and saving more was good for the country.

The telephone survey of 1,000 adults was conducted February 25-26.