“In early October, as the meltdown of the financial industry gained momentum following the collapse of Lehman Brothers, a Rasmussen Reports national telephone survey found that 59% of U.S. voters agreed with Ronald Reagan that “government is not the solution to our problem; government is the problem
Other survey data shows that 72% of voters believe a free market economy is better than one managed by the government. That’s little changed since December.
While voters prefer the free market in theory, they are clearly willing to support government intervention for specific projects. Most Americans favor a six-month moratorium on mortgage foreclosures. However, most are opposed to more bailouts.”
So what is the problem here? The problem is there is no major party between Democrats and Republicans that represent the majority view. These people may have been more likely to vote for Republicans because they were the limited government free market talking heads. Instead, they were faced with a chance that Barack Obama might turn into Bill Clinton or John McCain who may have turned into George W. Bush. In that case, most people would pick Clinton. It may be argued that Clinton rode some major bubbles, but he was able to control spending. Bush has created the most spending since FDR, but will go down in history as Herbert Hoover.
The rest is here.