October 18, 2011

Poll: Washington to blame more than Wall Street for economy | Burlington Free Press | burlingtonfreepress.com

Congress , even more that Presidents, deserves the reproach for spending America into deep debt. That means we, the people have ourselves to blame since we elect them. The Constitution gives only Congress the purse strings of government, and they have far too freely opened that purse to 'provide for the common defense and promote the general welfare...'

"Most Americans blame Wall Street for the nation's economic predicament — but they blame Washington more.


And in the democracy that fancies itself the capital of capitalism, more than four in 10 people describe the U.S. economic system as personally unfair to them. A USA TODAY/Gallup Poll taken last weekend, as the Occupy Wall Street protest movement completed its first month, found that:


•When asked whom they blame more for the poor economy, 64% of Americans name the federal government and 30% say big financial institutions.


•Only 54% say the economic system is personally fair to them; 44% say it is not.


•78% say Wall Street bears a great deal or a fair amount of blame for the economy; 87% say the same about Washington."


'via Blog this'

No comments: