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CNNPoll: Politicians trusted more than business leaders on economy
By Paul Steinhauser
CNN Deputy Political Director
WASHINGTON (CNN) -- Call it a sign of the times. A new national poll indicates that when it comes to dealing with the economy, Americans have more confidence in the White House and Congress than Wall Street, the banks or auto executives.
Two out of three expressed confidence that Democrats in Congress will make the right economic moves.
And that may be one reason why a CNN/Opinion Research Corp. survey released Monday suggests the public opposes plans to provide more taxpayer dollars to banks and major domestic automakers.
Thirty percent of those questioned said they're confident Wall Street will make the right decisions to help the country overcome the current recession. Slightly fewer -- 28 percent -- said they had such confidence in bankers and financial executives. And 26 percent said they're confident that auto executives will make the right economic decisions.
But 53 percent of those questioned said they have confidence in Republicans in Congress making the right calls regarding the economy. About 66 percent said they have confidence Democrats, who control Congress, will make the right economic decisions. And 75 percent said they think President Barack Obama will make the right moves when it comes dealing with the recession.
"You know times are tough when Republicans have more confidence in a Democratic president than they do in bankers or Wall Street investors, but that's what the poll is showing now," said CNN Polling Director Keating Holland. "Among Republicans, 37 percent say they are confident in Obama's ability to make the right economic decisions, but only 31 percent of Republicans feel that way about Wall Street."
"Labor union leaders don't fare badly either," said Bill Schneider, CNN senior political analyst. "Nearly half the public has confidence in them. But Wall Street investors? Bankers and financial executives? Auto company executives? No more than 30 percent have confidence in them.
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http://www.cnn.com/2009/POLITICS/02/23/poll.economy/