Stimulus? When?

Written by Don Creech

Posted on 12/14/2009

This week’s poll asked what people think about the effect of the federal government’s stimulus plan. The poll was not scientific and was driven by radio listeners of the syndicated Don Creech Radio Show (www.DonCreech.com) and subscribers to Investor Resources Week In Review email update.

Has the stimulus plan helped, hurt or had no effect on the economy?

One half of the respondents believe the stimulus has hurt the economy with nearly a third believing there has been no impact. Fewer than twenty percent indicated the stimulus was helpful. The more time passes without a turn around in employment and economic activity, the more negative the public is likely to be. For years, Harry Dent has predicted that this presidential term would result in a single term President due to the confluence of overwhelming economic events. It is too early to say for sure, but the factors working against President Obama are not easing.

Is a second stimulus plan needed?