Monday, September 29, 2008

I Hate Congress; I Love Congress

The news just keeps getting worse for Congress, if they would listen of course as more Americans are willing to say they disapprove of how politicians have handled the financial crisis. According to a Gallup poll Obama won the approval of 46% of Americans, although it is largely his party that supports rewarding poor business practices on Wall Street. This is typical behavior, disliking Congress but liking my representative. Indeed, 39% approve of Democratic leaders in Congress. 37% approve of how McCain has responded, compared with 31% approval of Republican congressional leaders. U.S. Treasury Secretary Henry Paulson, the main author of bailout plan, and George Bush received only 28% of respondents who said they approved of how Paulson and Bush responded. The overwhelming majority of Americans weighed in, against the plan, yet the plan was rather narrowly defeated although most Democrats voted in favor of the measure. At least it was turned down, so far.