I’m a firm believer that the public generally gets what it wants, individually and collectively. It was noted in China over a thousand years that invaders and conquerors of China would “become Chinese” after just a few generations.
This is because if the conquerors ordered the Chinese to do things they didn’t want to do, they would either not do them, or do them slowly, expensively, and not well. But if they were told to do what they wanted to do, it was done quickly, well, and far under budget. It was just easier for everybody to do things, “the Chinese way”.
But the same thing applies everywhere else as well. Right now, Obama is full of all sorts of schemes. However, unless the public wants them, they will fall flat.
The study of economics is less reputable than astrology nowadays.