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Fiscal Policy

Over two-thirds of respondents felt current policy is too stimulative, down from 76% in March, while only 8% believe it is too tight. An even greater percentage (75%) of respondents believe fiscal policy should become more restrictive, but only 17% believe fiscal policy will tighten, while 35% believe it will become even looser.

Panelists Views on Fiscal Policy (Percent reporting)
   Current fiscal policy is:     Fiscal policy should be in two years: Fiscal policy is expected to be in two years:
  Mar 2006 Aug 2006   Mar 2006 Aug 2006 Mar 2006 Aug 2006
Too Stimulative 76 68 Tighter 82 75 16 17
About right 12 20 Same 9 13 47 47
Too tight 6 8 Looser 7 10 35 35

Fiscal Policy in Two Years

Fiscal Policy Preferences