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IPFS News Link • Day of Reckoning

The Public's Distrust

• mises.org

The good news is that Americans' distrust of government is at its highest level ever.

It's good news because it shows the public recognizes how poorly we're being governed. Not much good comes out of trusting people who shouldn't be trusted — not much good comes out of reelecting them, either.

Only 9 percent of Americans approve of the way Congress is handling its job, according to the latest New York Times/CBS News poll. That's one point higher than the percentage of Americans who said in a 2002 Fox News/Opinion Dynamics poll that they believe Elvis could still be alive.

Asked if they approve or disapprove of the way Barack Obama is handling job creation, 58 percent disapproved, 35 percent approved and 7 percent were undecided.

Going back to 1890 on job-creation rates in the United States, Kevin A. Hassett reported in National Review magazine in August that Herbert Hoover and Barack Obama were the only presidents to have negative job creation during their first two and a half years years in office.

 

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