Sunday, August 14, 2011

48% Think Spending Cuts Could Trigger Violence

Altura Ct.

Nearly one-out-of-two Americans (48%) think that cuts in government spending are at least somewhat likely to lead to violence in the United States, according to a new Rasmussen Reports national telephone survey. But that includes just 13% who feel it’s Very Likely……..
Still, voters feel more strongly than ever that decreasing government spending is good for the economy and think tax increases of any kind are a bad economic move. Sixty-seven percent (67%) think that thoughtful spending cuts should be considered in every program of the federal government.
The debt ceiling debate has highlighted the political difficulty of coming to grips with the federal government’s .massive debt. Voters now are almost evenly divided over whether they prefer a congressman who would reduce that debt with spending cuts only or opt for a mix of spending cuts and tax increases.
Near the end of a volatile week on Wall Street, investor confidence has fallen to a two-year low, consumer confidence is just above the lowest levels of the past two years, and confidence in the stability of the U.S. banking system is the lowest ever recorded………

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