Gallup: 55% Say Reducing Federal Spending Would be ‘Very Effective' Way to Improve Economy

By Staff | August 24, 2015 | 3:59pm EDT
(AP Photo/J. Scott Applewhite)

( - Fifty-five percent of Americans say that reducing federal government spending would be a “very effective” way to improve the economy, according to a recent survey by Gallup.

Gallup has published a special report by its editor-in-chief Frank Newport on how 47 different proposals to fix the American economy rate with the American people.

“The initial list of proposals Gallup tested with the public was based on a review of the ideas put forth by the two major political parties,” said the report. “The compilation of proposals also included suggestions and input from economists, academics and economic and political observers, along with the public's suggestions for fixing the economy.”

In polling conducted June 4-14, “Gallup asked Americans to rate how effective they thought each proposal would be at improving the U.S. economy, from ‘very effective’ to ‘not effective at all.’

“From a broad perspective, Americans react most positively to the effectiveness of a set of proposals that score at the 50% "very effective" level or higher,” said Gallup.

Only 9 of the 47 proposal scored that high. Two them were: “Reducing federal government spending,” which 55 percent said would be very effective in improving the economy, and “requiring a balanced federal budget,” which 50 percent said would be very effective in improving the economy.

Here are the nine proposals in the Gallup survey that the 50 percent or more of the  Americans polled said would be “very effective” in improving the economy.

1-“Ensuring that woman receive equal pay for equal work.” 64%

2-“Improving job training for veterans.” 63%

3-“Giving small businesses easier access to loans to start or expand their business.” 58%

4-“Reducing federal government spending.” 55%

5-“Spending more government money to improve U.S. schools and education.” 51%

6-“Providing free community college education for all Americans who want it.” 50%

7-“Requiring a balanced federal budget.” 50%

8-“Providing new federal government programs designed to increase U.S. manufacturing jobs.” 50%

9-“Reforming Social Security to ensure it remains solvent.” 50%

The proposal that had the smallest percentage of Americans who said it would be “very effective” in improving the economy was this: “Increasing the power of labor unions.” Only 19 percent said that would be “very effective” in improving the economy.

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