Near Supermajority Says Cut Federal Debt, Even with the Economic Risks

This signals to me that people get the basic gist of the danger to our country that long term debt poses, as well as the commonsensical idea that we ought to live within our means.

From McClatchy:

Despite lingering anxiety over the Great Recession, Americans by a large margin want their federal government to focus more on cutting debt than on increasing spending even temporarily to boost the economy, according to a new McClatchy-Marist poll.

Given a choice, 59 percent of Americans prefer reducing debt even if that slows the economic recovery, while 33 percent prefer new government efforts to stimulate the economy even if it means more federal spending.

The public mood helps explain the political environment in the nation’s capital, where talk of new stimulus plans for the weak recovery has faded and both major parties are looking at deep cuts in annual federal budget deficits, even if they wouldn’t yet reduce the $14 trillion debt.

Cut through the spin, and people do ‘get’ that that government is screwing the next generation by not living within it’s means. Even if they don’t like the options left on the table, they’d rather bite the bullet a bit now, than seeing the problem get worse, which it will signficantly if we don’t change course.

Read on at McClatchy »



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About Solomon Kleinsmith

I started this site in the summer of 2010, really just as a hobby at first. But I'm pretty ambitious, and between being able to recruit some great bloggers to join the team here, putting a ton of work into the site and attracting a lot of traffic through Twitter, we've grown very fast for a young blog with next to no budget.

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