Third Poll Results - Healthcare

The third poll on my blog has ended.

The question I posed was: Do you support healthcare reform in the U.S.?

The results were:

1. Yes, I support instituting a universal healthcare system: 3 votes (3%)
2. Yes, with a public option: 8 votes (8%)
3. Yes, but without a public option: 5 votes (5%)
4. No, not at all. It would cost too much: 3 votes (3%)
5. No, not at all. The government is too inefficient: 15 votes (16%)
6. No, not at all. I don't trust President Obama: 14 votes (15%)
7. No, not at all. I don't trust government, period: 43 votes (47%)
8. Undecided: 0 votes (o%)
9. Other: 0 votes (0%)

91 people voted in total.

According to my own calculations, that means 16 votes (17.6%) were in favor of healthcare reform in some form and 75 votes (82.4%) were against it.

I was surprised to see that not that many people were against healthcare reform because of financial or cost-related issues. Most were against it because they didn't trust the government and/or President Obama or because they thought the government would be too inefficient in administering healthcare.

I'll put up a new poll soon, make sure to vote.

Second Poll: Which is the bigger threat to the global economy? Deflation or Inflation?

For the second poll on this blog, I posed the following question to you readers: "Which is the the bigger threat to the global economy?" The options were (1) deflation and (2) inflation.

148 people voted.

The results were as follows ...

Deflation: 56 votes (37%)
Inflation: 92 (62%)

Its clear that a majority of my readers believe that inflation is currently the biggest threat to the global economy. Yet, a sizable number of readers (nearly 40%) thought deflation was the biggest threat. I'm glad to see that kind of diversity of opinion among my readers. My take? I'm still undecided. I know that sounds like a "cop-out" but its the truth, I see both inflationary pressure and deflationary pressure working on the economy right now. That's one of the reasons why I'm committed to continue covering this topic in the future.

If you voted in this poll (or even if you didn't) feel free to use the comments section attached to this thread to defend your opinion or your take on this question.

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For my next poll question I've decided to ask about the plan for nationalized healthcare in the U.S. Please vote!

Result of First Poll

For my first poll on this blog, I asked the question "When do you think the current recession will end?"

The results were:

2010: 2 votes (33%)
2011: 0 votes (0%)
2012: 0 votes (0%)
2013: 0 votes (0%)
After 2013: 4 votes (66%)

As you can see, very few readers voted in the poll. Oh well. Not surprisingly though, 66% of those that did took a very bear-ish position and predict an extremely protracted recession (well, at that point it would be a Depression) lasting beyond 2013. A little bit more surprisingly, 33% of voters were quite optimistic that the recession would end next year. No one took any middle ground. Quite interesting and only time will tell at this point.

I'll try and have a new poll up soon ...