Personal Liberty Digest™ will be upgraded this weekend to reflect a dynamic new look and mobile-friendly viewing to enhance your experience! Plus, we'll be providing even more of the compelling content you've come to expect, delivered in a whole new way!

  Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Many Americans say big government is necessary

October 16, 2008 by  

Many people are welcoming government interventionA new poll reveals a shifting attitude about the role of big government in helping the U.S. out of the credit crunch.

The Bloomberg/Los Angeles Times survey, conducted on October 10-13, found that a larger number of people support the $700 billion bailout than oppose it.

This finding contrasts with the results of a similar poll conducted by Bloomberg/Times last month, which revealed that the majority of respondents were against the scheme.

Meanwhile, the majority of Americans seem to welcome some help from big government with their own financial problems.

The data indicates that a two-to-one proportion of respondents think the government should help homeowners who are facing foreclosure.

According to Bloomberg, some of this increased confidence in government action may be a result of positive activity in the stock market, which occurred just after details of the bailout were made public.

"They have to do something to spur the economy – otherwise, we’ll be further in the hole than we already were," independent voter Mike Hackenberg told the news agency.

The news comes after a recent survey by Reuters and the University of Michigan found that slightly more than half of Americans have lost confidence in the Federal Reserve in the past five years.
ADNFCR-1961-ID-18829704-ADNFCR

Personal Liberty News Desk

Facebook Conversations

Join the Discussion:
View Comments to “Many Americans say big government is necessary”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.