KROFT: I'm not saying this as fact, and hindsight is always 20-20. But there's [a] general perception that the stimulus was not enough. That it really didn't work. That...From a November Reuters-Ipsos poll:
PRESIDENT OBAMA: Let me stop you there, Steve. First of all, there's not general perception that the stimulus didn't work.
On balance, a majority of Americans (62%) believe that the stimulus bills that Congress has approved in recent years have ‘just created debt’ (as opposed to helped the economy), but there is a strong division here by party:
- Democrats are equally divided on the issue, with 44% believing it has helped the economy, and 45% that it has created debts
- The vast majority of Republicans, on the other hand, believe the stimulus bills have created debt (82%).