Few Happy with Debt Ceiling Compromise

Democrats More Pleased with Debt Ceiling Compromise Than Independents and Republicans

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Overall, more Americans disapprove of the debt ceiling agreement than approve, with 46% disapprove and 39% approve, according to the latest USA Today/Gallup poll.

For weeks Congress and the White House have tensely negotiated raising the national borrowing limit before the Treasury's August 2nd deadline. Many opined about the lack of compromise during the debate. Interestingly a Washington Post/ABC News poll conducted July 14-17th found that Americans believed Republicans were less willing to compromise than Obama on the budget deficit. In fact 77% of Americans believed that the Republican Party was not willing enough to compromise whereas only 58% of Americans believed that President Obama was not wiling enough to compromise.

However, now that a compromise has been reached, the latest USA Today/Gallup poll finds that majorities of Democrats and liberals support the recent debt ceiling agreement; whereas, majorities of Republicans, Independents, and conservatives oppose it. 58% of Democrats and 51% of liberals said they approved of the agreement reached by the president and Congress to raise the federal debt ceiling, as did 48% of moderates. However 33% of Independents, 26% of Republicans, and 25% of conservatives agreed.

This could mean several things; one, the debt ceiling agreement tilted in favor of the Democrats. It could also mean that Democrats are more likely to be appeased by a compromise in general. However, the majority of Independents who also disapprove of the debt ceiling agreement casts doubt on the later explanation.

Most Americans agree, however, that the debt ceiling agreement is neither a step forward or backward in terms of addressing the federal debt situation. Meaning, they think it probably does nothing to substantively deal with the national debt. Only 17% believe that the compromise will improve the economy compared to the plurality (41%) who believe it will make the economy worse.

Next, I'd like to ask you about the agreement reached by the president and Congress to raise the federal debt ceiling. Based on what you know or have rad about this agreement, do you approve or disapprove of it?

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  3. I didn’t even pay attention to the Derp Ceiling pseudo-debate. Who cares? Do I really want the Empire’s finances to be saved? Fuck no. I’m going to Asia, and strongly hoping the US government is eaten up or made irrelevant by its stupid socialist policies.

  4. Most Americans agree, however, that the debt ceiling agreement is neither a step forward or backward in terms of addressing the federal debt situation. Meaning, they think it probably does nothing to substantively deal with the national debt. Only 17% believe that the compromise will improve the economy compared to the plurality (41%) who believe it will make the economy worse.

    That sounds somewhat ambiguous. Better than no deal at all (and the ensuing fallout of selective default) or better than just raising the limit on its own without the fake future cuts?

  5. “58% of Democrats and 51% of liberals said they approved of the agreement reached by the president and Congress to raise the federal debt ceiling, as did 48% of moderates.”

    Of coarse they do it was just more of the same from their “chosen” leader…..so they are happy.

  6. Huh? What agreement? Oh yeah, sure, I approve of it.

  7. there is a misprint in the Independents row.

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  9. terms of addressing the federal debt situation.

  10. Good article more useful to me,Thanks

  11. Does no one watch or read the news. The debt ceiling “compromise” was a Tea Party victory. The news said so and they never lie. So now that the Tea Party has won they can go away please and let the smart people keep running things the way they want.

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  13. “Most Americans agree, however, that no longer possessing your cake, once you’ve eaten it, is unnecessarily cruel.”

    And has the number of Americans who believed JFK was shot from the front edged over one percent? How about the number of Americans who think the false flag of 9/11 should be investigated? How about the number of Americans who realize that that would amount to no longer allowing the government to kill its own citizens at their liesure, as a pretense for war?

  14. ” Fuck no. I’m going to Asia, and strongly hoping the US government is eaten up or made irrelevant by its stupid socialist policies.”

    Asia is not better. There is no trial by jury anywhere in asia, to my knowledge. Japan may have some abbreviated form, but it certainly wouldn’t be fair to a foreigner, and there are no gun rights there. Certainly, there is not trial by jury in China, Thailand, Burma, or Singapore. Thailand is blind and lost, but at least they protest when their dictatorship kills innocent people I witnessed the red-shirts’ peaceful protest there in Nov 2010. In Singapore, there is no freedom of speech or assembly. Check out “Freedom’s Fall in Hong Kong” by Alvin Rabushka.

    Those who run away, run away in fear and ignorance, when there’s nothing to lose by standing and fighting. Asia is one more cesspool of dictatorship suffering from too much government, and too many unlawful police.

  15. Thanks for posting this article

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