Public wants federal government focus on JOBS

Despite the incessant and often nonsensical propaganda blitz about the false dangers of increasing the federal budget deficit, a new poll has found that Americans support reducing the unemployment rate over deficit reduction by a 64-30 margin.

 

The independent Quinnipiac University Polling Institute conducted the poll from July 13-19, surveying 2,181 registered voters nationwide.

 

The poll flies in the face of the overhyped argument being made on behalf of the nation’s wealthiest citizens that the federal deficit is the nation’s biggest problem. But a broad consensus among economists say that the opposite is true: In a down economy, deficit spending by the federal government, especially on such things as unemployment benefits, is the best and fastest way to get the economic engine oiled up and generating new jobs.

 

“Spending on unemployment insurance is the most effective thing you can do to stimulate the economy,” said Economic Policy Institute President Lawrence Mishel, who added that the government recovers at least half of the money invested this way through higher revenue and taxes.