Support for a free market economy remains strong despite the extended recession and last fall’s Wall Street meltdown.
A new Rasmussen Reports national telephone survey finds that 76% of voters now say a free market economy is better than one managed by the government. Only 10% prefer an economy managed by the government.
Those figures are virtually identical to the numbers from April and a slight increase in support from a year ago.
While voters almost always see a need for some restriction on market behavior, 48% say there are currently too many restrictions in the United States. However, 33% take the opposite view and believe there are not enough restrictions. Seven percent (7%) think the current level of restrictions are about right, while 12% are not sure.
A Rasmussen Reports survey earlier this year caused quite a stir by showing that just 53% of Americans prefer capitalism over socialism. Scott Rasmussen, president of Rasmussen Reports, noted, “The gap between strong support for free markets and tepid support for capitalism suggests that many Americans believe that capitalism means big business can keep the profits when times are good and get bailed out by taxpayers when times are bad.”