Obama’s economic stimulus act loses support

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It has been nearly one year since President Obama signed into law a $787-billion economic stimulus act controversial in Washington but generally supported outside.

The White House maintains that 1.5 million jobs have been created or saved as a result of the act, and the administration’s economists insist that it also has enhanced an economic turnaround in which the nation’s gross domestic product has started growing again.

Yet public support for the measure has waned, a new poll today shows. It could be that, despite any purported gains from an act whose effects have not been fully realized yet -- with some of the spending spread out across a second year with investments in alternative energy, education and other initiatives -- the public still sees another indicator of woe.

Read more in The Swamp.

-- Mark Silva