Seventy-two percent of Americans say big government is a greater threat to the U.S. in the future than is big business or big labor, a record high in the nearly 50-year history of this question. The prior high for big government was 65% in 1999 and 2000. Big government has always topped big business and big labor, including in the initial asking in 1965, but just 35% named it at that time.
This makes it very likely that the November '14 elections will be a referendum not only on Obamacare but also on the role of government in general. The forces of more limited government are likely to win the day, and that, in my opinion, would be a huge positive for the economic outlook.