As much as Congress and the President might wish it weren’t so, the American people weren’t fooled by the phony economic stimulus package:
NEW YORK (CNNMoney.com) — Eight in 10 Americans believe that the government’s $110 billion effort to help consumers will not boost the economy, according to a poll released Friday.
A CNN/Opinion Research Corp. poll conducted April 28-30 found that 82% of Americans believe the stimulus package will fall short - compared to 70% in February.
The program, passed with bipartisan support earlier this year, will give tax rebate checks to about 130 million Americans. Most single Americans earning $75,000 or less who filed a tax form will receive up to $600, and married couples earning $150,000 or less could get up to $1200.
But of the more than 1,000 people polled, only 13% thought the the stimulus was sufficient to help economic conditions
That’s probably the same 13% that supports the gas tax holiday.
