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Learning From Experience

Polls consistently show that most Americans have more faith in lower taxes than in higher spending as an engine of job creation. This Rasmussen survey confirms that preference, with an interesting twist:

A new Rasmussen Reports national telephone survey of Likely Voters finds that 66% believe cutting taxes is a better way to create new jobs than increasing government spending. That’s up seven points from January.
Just 18% think increasing government spending is the better way to go. Another 16% are not sure.

I don’t think that seven point jump in the number favoring tax cuts is random variation. Rather, voters have observed the unprecedented government spending of the last year, in particular “stimulus” spending, and have seen that it has failed to create jobs as advertised. This experience naturally drives some voters to the conclusion that tax cuts will be more effective.
The Obama administration, of course, won’t draw the same lesson. But that’s because Washington Democrats favor endless government spending for reasons that have nothing to do with job creation.

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