A new poll from The Economist/YouGov reveals that while most Americans want to cut the Federal deficit, they aren't willing to raise taxes or cut spending, with the exception of foreign aid, which only works out to less than 1% of the budget.
When simply asked how to cut the deficit, 65% of Americans said they preferred cutting spending over raising taxes (only 5% wanted to raise taxes). When asked specifically what they would cut, well...I guess Israel is out of luck. Though most Americans probably wouldn't want to cut foreign aid to Israel, if knew that's where a lot of their dollars were going. It's those loser countries like Haiti that they want to cut off (lousy freeloaders).
Ultimately though, Americans are pretty much the same as the rest of us: we all love getting stuff, we just don't want to pay for it, and we definitely don't want to pay for other people's stuff.
Image from The Monkey Cage. Government spending reduction graph originally posted at The Economist.
Thursday, April 08, 2010
By Stephen M.