Results, Not Beliefs
Digby discusses the new Pew Poll findings on what Americans believe will help grow the economy:
I realize that the president has been more nuanced than the Republicans on the benefits of the massive spending cuts and contractionary nature of this whole debate. [. . .] But it is still the case that most Americans have come to believe that fixing the deficit will lead to jobs.
There's not much the President can do now to revive the economy. The GOP House will block any worthwhile initiative. But avoiding doing harm would be nice. Of course the President must do what's necessary to raise the debt ceiling but he should try to fashion a deal that does the least harm to the economy. Cutting the deficit now will be very harmful. Despite what Americans might think. And in November 2012, no one is going to be thinking about whether they were right or wrong about deficit reduction spurring economic growth. They'll look at the results and blame the guy in charge. Unless the guy in charge can blame someone else. Unlike the Obama team, and as the Pew poll demonstrates, "Independents" will not be won over by "reasonableness." Good policy is good politics. And not horrible policy is better than horrible policy politically. Yes, it remains "the economy, stupid."
Speaking for me only
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