The poll also found that 45% of Americans believe there is too much government regulation of business and industry, while only a wild-eyed 24% believe there is too little.
Stephen Moore, in an article in The Wall Street Journal on 23 September, noted that Obama was the first president since Lyndon B. Johnson who did not even pretend to want to cut taxes. Moore says that there has been a strong voter backlash against Obama and Bush due to the bailouts, stimulus plans, and multi-trillion dollar deficits. Saving United Auto Worker Union jobs at a cost of $300,000 each and the funding of many old left-wing programs in the Stimulus Bill was too much. Moore believes the American People are now "in the mood for a radical shrinking of government in order to reduce debt and waste." Moore suggests:
- A 15% cut in every federal agency, whose budgets have generally increased by more than 50% this last year
- A freeze on federal pay and benefits increases, since federal compensation is nearly twice as high as comparable private sector jobs
- Furloughs for federal workers
- Eliminate hundreds of useless federal agencies, such as the Legal Services Corporation
- Use every penny returned by the bailed-out banks to reduce the debt, rather than as a slush fund for new socialist programs
He concludes:
Mr. Obama keeps calling federal spending an "investment," but Americans apparently feel this is the worst investment they've ever made. They've come to regard Washington as a $2 trillion Bridge to Nowhere. They are right.
Stephen Moore is apparently trying to be respectful by using the "Mr." before Obama. I do not feel that respect. Besides, Obama wants to be a one-word kind of guy, like celebrities such as Sting, Madonna, Prince and the Messiah.
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