That's the belief of Americans, by a more than 2-1 margin according to a new Gallup Poll.
Fascinating that so few people, including those who voted for the deal, like what has become law. And the bottom line is that federal spending, despite the cuts in the compromise, will not be cut over the next decade. In fact, experts predict it will continue to grow, perhaps exponentially.
We've said before in this space that if we ran our household finances like the government's managing our money, we'd be out of our homes and on the streets.
The quest for jobs is now the priority. And until that happens, the economy will continue to keep afloat through bubble gum, paper clips and mirrors. And on that, polls say, Americans and experts agree.
Meanwhile, President Obama celebrates his 50th birthday (that's tomorrow) with a party tonight in Chicago. And by party we mean fundraiser.
I wonder if anyone in the White House political unit thought that perhaps he ought to offer something for all those unemployed Americans out there, as a sort of birthday gift on his behalf? Rather than have the headline be something along the lines of "The President Holds A Fundraiser for $500 to $38,000 a head" it might have garnered some nice coverage for the President to have had a bash for jobless peeps, or a big meal for the homeless. Something, anything other than celebrating people with money.
I'm just sayin'.
We'll have the latest fallout and reaction to the debt deal, tonight at 11.
Also at 11, the Yankees Alex Rodriquez making news and once again it's for the wrong reasons. Major League Baseball is apparently taking "very seriously" allegations that A-Rod participated in some illegal, underground poker games, according to ESPN.
Oy. Not again, is what Yankees fans are saying. Rodriquez was warned once before by the team and by Baseball in 2005 about not gambling.
We'll have the latest at 11.
We're also following the search for the 18-year-old wanted for robbing an elderly woman in a wheelchair in Brooklyn.
It was caught on surveillance camera and cops have now identified the young man.
We'll also have any breaking news of the night, plus Meteorologist Lee Goldberg with his AccuWeather forecast, and Rob Powers with the night's sports. I hope you can join Sade Baderinwa and me, tonight at 11.