Via US News/Washington Whispers:
In 1970, former President Richard Nixon famously declared “We are all Keynesians now,” citing the depression-era belief that a government-managed economy performs better than it’s free-market counterpart.
Forty years later, a new poll calls his bluff.
The Rasmussen Report survey, which came out Wednesday, shows only 27 percent of Americans believe government management stimulates the economy. Half of Americans take the opposite view and say government intervention does more harm than good. Six percent say it has no impact and 17 percent polled said they were unsure.
In the era of auto bailouts, debt ceilings and Dodd-Frank reform, government intervention appears to be the Obama administration’s solution of choice, opening a deep, partisan gap between those who support intervention and those who do not.