Only 42% At Least Somewhat Confident In U.S. Banking System
Americans continue to express little confidence in the U.S. banking system despite billions in bailout funding, but they’re not very worried about their own money in the bank.
Americans continue to express little confidence in the U.S. banking system despite billions in bailout funding, but they’re not very worried about their own money in the bank.
Fifty-three percent (53%) of likely voters now believe that decreasing the level of government spending will help the U.S. economy. A new Rasmussen Reports national telephone survey finds that just 24% of voters think that cutting federal spending will hurt the economy. Eleven percent (11%) say it will have no impact, and another 11% aren’t sure.
Americans are evenly divided over whether Ben Bernanke should stay or go, as the Senate moves closer to a confirmation vote on the embattled chairman of the Federal Reserve Board.
Americans are far from optimistic about the economy, but they have mixed emotions about how low it can go.
Hope for a stronger economy has declined in recent months, with pessimism up sharply from a year ago.