Dr. Sean Snaith is an economics professor and director of the UCF Institute for Economic Competitiveness. So far, says Snaith, too much money is being spent in the wrong places, and Americans are tired of footing the bill.

“There is a growing public sentiment that you might call ‘bailout fatigue,’” Snaith says. “Millions of people who did the right things and yet still have watched their assets plummet are getting more angry that their tax dollars and their children’s tax dollars will be used to bail out those most responsible for our current problems.”

Snaith says some types of stimulus and financial rescue packages are needed, but he fears that the new plans to hand out money are “woefully lacking in detail.”

To read the full March 2009 report, visit http://www.iec.ucf.edu.