Do You Consider Fiscal Policy to be About Right?
The Graph of the Week comes from the August 2008 NABE Policy Survey, and asks "Do you consider current monetary policy to be: Too restrictive, too stimulative, or about right?" From the survey:
Respondents continue to be far less supportive of current and anticipated fiscal policy. Almost 47% felt that the recent fiscal stimulus package was not worth the impact it had on the worsening of the federal deficit, while only 27% opined that it was effective in keeping the United States out of recession. A resounding 73% stated that another stimulus package is not necessary, while only 25% thought it would help. While 62% would prefer to see a “more restrictive” policy over the next two years, almost 60% expect to see a more stimulative fiscal policy over that period. ts.
The entire survey is available to the public.