Los Angeles – Despite growing concerns about the country’s long-term fiscal problems and an intensifying debate in Washington about how to deal with them, Americans strongly oppose some of the major remedies under consideration, according to a new Washington Post-ABC News poll.
The survey finds that Americans prefer to keep Medicare just the way it is. Most also oppose cuts in Medicaid and the defense budget. More than half say they are against small, across-the-board tax increases combined with modest reductions in Medicare and Social Security benefits. Only President Obama’s call to raise tax rates on the wealthiest Americans enjoys solid support.
I love it. Americans are worried about the deficit and the debt, but in fact oppose any effective actions to solve either problem. I agree with S&P -- a one in three chance we won't be able to get our act together to address either problem. Well, if we won't solve the problem voluntarily, the world markets will solve it for us, at considerably more cost and pain to us then a proactive plan would produce.
Posts
