Voters Mixed In Their Views Of Government Economic Regulation
Posted Dec 30, 2008 at 1:57 AM by Maurice Berger
American voters have mixed feelings about government's role in managing the economy, according to a new Rasmussen Reports survey. 70% of respondents say a free market is better than one managed by the government. Just 15% prefer a government-managed economy. 15% remain undecided. But as Rasmussen notes, the recent economic crisis had led led "mixed feelings" about government intervention: a majority of voters--a healthy 52%--also believe there is a need for more government regulation of big business, although 35% disagree. 13% are unsure.The survey concludes that voters overall "are more ambivalent about the federal government’s role in the current economic crisis. 48% worry the government will do too much, while 41% fear it will do too little. 11% are not sure which is a greater concern. Nearly two-thirds (65%) of voters agree, however, that government and big business often work together in ways that hurt consumers and investors. Only 15% of voters don’t believe that is true, and 20% are undecided." This ambivalence suggests a very tricky political landscape for the incoming president who must balance the need for federal regulation with broadly held views about American capitalism and economic freedom and self-determination.