Most Believe Stimulus Plan So Far Has Had Little Effect

July 23, 2009 12:16 PM | | Comments (0)

A plurality of Americans say that the Obama administration's economic stimulus plans has had no effect on the economy while nearly-two thirds say it has had no effect on their family's financial situation although they are more optimistic about the long-term impact, according to a Gallup poll conducted July 17-19.

Up until now, do you think Obama's economic stimulus plan has made the economy or your financial situation better, worse, or had no effect?

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However, the poll also found that the public believes the plan will improve the economy in the long run with 48 percent saying it will make it better, 19 percent believing it will have no effect and 31 percent saying it will have no effect. On the personal side, 35 percent believe it will improve their family's finances, 34 percent say it won't and 28 percent say it will have no effect.

Thirty percent believe it will be five years or more until the economy starts to recover, 22 percent predict it will be two years and 18 percent say one year. Only 9 percent have any faith the improvement will come in less than a year.

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Categories: Economy, Gallup

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