I always view polling data with a bit of skepticism, but I’m nonetheless embarrassed by new data from a 22-nation poll showing that German and French respondents are even more opposed to so-called stimulus spending than American respondents. If Americans are to the left of Europeans on size-of-government issues, that does not bode well for our future. On the other had, at least we’re not as naive and/or stupid as Egyptians, Mexicans, Russians, Indonesians, and Nigerians. Here’s a blurb from the summary.
In 14 of 22 countries most people–on average 56 per cent–favour an increase in government spending to stimulate the economy. This includes large majorities of Egyptians (91%), Mexicans (80%), Russians and Indonesians (both 78%), and Nigerians (73%). But majorities are opposed in a number of industrialised countries that had large stimulus programmes–Germany (66%), France (63%) and the US (58%).
The good news from the poll is that a majority of people around the world recognize that governments waste money at alarming rates. Americans think that 55 percent of their taxes are squandered. The Spanish, for inexplicable reasons, are most likely to think money is not wasted (perhaps because most of them have their snouts in the pubic trough?).
People believe that their government misspends more than half the money they pay in tax, according to the findings of a new BBC World Service global poll across 22 countries–but many are still looking to government to play a more active economic role. The poll of more than 22,000 people, conducted by GlobeScan/PIPA, found that people estimated on average that 52 per cent of the money they pay in tax is not used in ways that serve the interests and values of the people of their country. …The countries with the lowest average estimate of misspent tax money were Spain (average 34% misspent), Indonesia (40%), Azerbaijan and Egypt (both 42%). The highest were in Columbia (74% misspent) and Pakistan (69%). In the world’s two largest economies, Americans estimate on average that 55 per cent of their taxes are misspent, while in China the figure is 46 per cent. …As well as being less likely to support action to address the deficit, those who have the highest estimates of tax misspending are less likely to support government stimulus spending–among those who think that more than three-quarters of their tax money is misspent, only 47 per cent believe the government should spend to stimulate the economy.
The full report can be read here.