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Voters Still Worry Government Will Do Too Much For Economy
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Enough is already more than enough when it comes to the economy, according to most U.S. voters.

A new Rasmussen Reports national telephone survey shows that 53% of voters worry that the federal government will do too much when it comes to reacting to the nation’s financial problems. This marks a five-point increase from last month and is seven points higher than the week after President Obama took office.

But 37% of voters now worry that the federal government will not do enough in dealing with the current economic situation. Forty-two percent (42%) felt that way in late January.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

Some in the Obama administration and Congress are already talking about the need for a second economic stimulus plan in the face of rising unemployment even as 51% of voters say more jobs would be created if the remaining spending planned in the first economic stimulus plan was cancelled right away.

Americans also have been consistently skeptical of the government bailouts of General Motors and Chrysler and of the financial sector. Fifty-seven percent (57%) of men worry that the federal government will try to do too much to fix the economy, compared to 49% of women. On the other hand, 50% of voters ages 18 to 29 fear the government won’t do enough.

Fifty-eight percent (58%) of white voters are concerned that the government will try to do too much to help the economy, but 69% of African-Americans have the opposite worry.

Fifty-five percent (55%) of Democrats fear the federal government will not do enough in reacting to the country’s economic problems. Seventy-one percent (71%) of Republicans and 58% of voters not affiliated with either major party worry that it will do too much.

Voters continue to say that President Obama’s top budget priority should be cutting the federal deficit in half by the end of his first term in office. But they see it as the goal the president is least likely to achieve.

Even as Senate Democrats move forward with a health care reform plan, 68% of voters say passage of the legislation is likely to create larger deficits.

Forty-two percent (42%) of Americans say Treasury Secretary Timothy Geithner has done a poor job handling the credit crisis and federal bailout programs. Just 20% rate Geithner’s performance in these areas as good or excellent.

The economy continues to be the top issue for voters. But the latest Rasmussen Consumer Index finds that only 10% of adults rate the U.S. economy as good or excellent. Fifty-six percent (56%) give the economy a poor rating.

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

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Rasmussen Reports is an electronic publishing firm specializing in the collection, publication, and distribution of public opinion polling information.

The Rasmussen Reports Election Edge™ Premium Service offers the most comprehensive public opinion coverage available anywhere.

Scott Rasmussen, president of Rasmussen Reports, has been an independent pollster for more than a decade.