EXCLUSIVE: Global crisis spending lacks direction: poll | U.S. | Reuters

EXCLUSIVE: Global crisis spending lacks direction: poll | U.S. | Reuters
EXCLUSIVE: Global crisis spending lacks direction: poll
Wed Jun 3, 2009 8:23am EDT



By Michelle Nichols

NEW YORK (Reuters) - Two-thirds of people believe "massive government spending" to combat the financial crisis shows a lack of clear direction, according to a poll of nations representing 75 percent of the global economy issued on Wednesday.

The Ipsos/Reuters survey also found that 60 percent of the people in the 23 countries polled say increased government regulation will stifle economic growth, an opinion particularly strong in the United States and emerging market giants India and China.