Americans Favor Spending to Create Jobs: Bloomberg National Poll

Furious At Wall Street Executives, Bonuses and Bailouts

NEW YORK, December 9 - Americans want the government to create jobs through additional spending
though they are pessimistic about the results, according to the Bloomberg
National Poll, a quarterly survey of Americans.

Two-thirds of Americans surveyed back additional spending on
infrastructure and six of 10 support more spending on alternative energy to
stimulate job growth. A tax credit for businesses that hire new workers also
gains backing from 7 of 10 Americans. This support comes even as the majority
of respondents express doubts the federal government will help cut
joblessness, with 51 percent pessimistic about the prospects.

While Wall Street firms are recovering, their standing with the American
public is not. Two-thirds of Americans polled say they have an unfavorable
view of financial executives. More than half say big financial companies are
only out to enrich themselves and also say they should not have received
government aid. Sixty-four percent of respondents said bailing out banks was
a bad idea. To avoid future rescues, 52 percent of respondents said banks
should be subject to stricter regulation. A minority, 31 percent, would allow
troubled banks to fail and an even smaller number, 10 percent, favor breaking
up big banks, according to the Bloomberg National Poll, conducted Dec. 3-7,
which interviewed a random sample of 1,000 U.S. adults ages 18 or older for a
snapshot of Americans' thoughts on Obama's administration and the economy.

The Bloomberg National Poll was conducted by Selzer & Company, whose
survey of Iowa Caucus voters in 2008 was the only one to accurately predict
Barack Obama's victory. The firm has conducted surveys for more than two
dozen major newspapers in the U.S., and was named the best of 32 polling
firms ranked by polling Web site FiveThirtyEight.com. Poll results are
available at www.bloomberg.com.

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Angela Martin, +1-212-617-1211, angelamartin at bloomberg.net