wealthwire.com / by Brianna Panzica / Wednesday, January 30th, 2013
An overwhelming number of Americans are unhappy with where the country is headed. And they’re blaming it on Federal spending.
It’s true that since 1992, Federal spending per capita has grown 39%. Between defense spending on wars abroad and the Federal Reserve’s monetary easing, there has been no shortage of spending increases.
But Americans don’t think this has helped; in fact, far too many believe it has decreased the quality of life.
A Reason-Rupe poll conducted through phone interviews of 1,000 adults this month gathered information on the public’s view of the state of the nation, economy, and political workings.
Of the respondents, 79% believe the excess spending has not improved quality of life; 40% actually said it decreased the quality of life. A mere 17% believe it improved this quality.