Monday, March 30, 2009

O'Leary Report/Zogby Poll Finds Business Leaders Not Happy with Obama's First 60 Days

/PRNewswire/ -- With the economy leading all headlines, and a never-ending stream of opinion polls flowing daily, The O'Leary Report, in conjunction with Zogby International, conducted the first comprehensive survey of America's business leaders to see what they think of Obama's policies to date. The survey found that a clear majority of business leaders staunchly oppose the President's actions over the past two months.

Below are some of the poll's results. This was an online survey of 884 business leaders, who are also likely voters, and it has a margin of error of +/- 1.5 percentage points. To see more results, go to

Question 1: In regard to the bank rescue plans and economic
stimulus, do you feel the Obama administration is trying to do too
much, is disorganized, needs more time, or is right on target?

Fifty percent of business leaders think the Obama administration is
disorganized, while only 10 percent think it is "right on target."
Twenty-eight percent think the Obama administration needs more
time, another 10 percent think it's trying to do too much, and one
percent are "not sure."

Question 2: How do you rate President Obama's efforts to free up
credit markets in his first 60 days?

Fifty-two percent of business leaders rate Obama's effort as
"poor," while only 15 percent say it is "excellent." Twenty-two
percent give Obama a "good" rating and 10 percent say "fair" (one
percent are not sure).

Question 3: Do you think the budget recently proposed by President
Obama spends too much, not enough, or the right amount?

A solid 62 percent majority think President Obama's budget spends
too much, while only 13 percent say "not enough." Only 16 percent
of business leaders think it spends the right amount, and nine
percent are not sure.

Question 4: The Employee Free Choice Act is a proposed bill that
would effectively eliminate the secret ballot used by workers in
deciding whether or not their plant, business, or small business
should be unionized. Do you favor or oppose the bill?

Seventy-two percent of business leaders oppose this bill, which
Obama supports. Only 19 percent favor the bill, and 10 percent are
not sure.

Question 5: Do you agree or disagree that President Obama's
proposed tax hikes for those making $250,000 or more will hurt
businesses, forcing them to lay-off employees?

Fifty-two percent of business leaders agree that Obama's tax hikes
will hurt businesses and increase unemployment; while 42 percent
disagree (six percent are not sure).

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