Of the total respondents, the majority (73.7%) believe that interest rates are artificially low. A smaller majority (57.9%) think that the zero interest rate will lead to inflation, and the same number (57.9%) believe that it’s time for the Fed to boost the rate.
Last week’s CI CyberNews CyberPoll focused on President Obama’s decision to add tariffs for some Chinese tire imports over the next three years. Participants’ opinions were split evenly at 50% for and 50% against the idea.
In last week’s CI CyberNews CyberPoll, we asked readers about the Obama administration’s new manufacturing “czar,” Ron Bloom. The majority of respondents (88.2%) do not believe that Bloom has the experience necessary to solve the problems faced by U.S. manufacturing.
Ben Bernanke, chairman of the Federal Reserve, said earlier this week that the recession is over and that the economy has entered a recovery period. That’s good news, right? Well, unfortunately, he also said that we’re not going to feel like we’re in a recovery for quite a while yet.
Last week’s CI CyberNews CyberPoll focused on the Cash for Clunkers program and the First-Time Homebuyer Tax Credit. Of the two programs, Cash for Clunkers was more popular among respondents and the people they know.