Fewer than one in three voters thinks the Government's anti-recession measures will work, according to a new opinion poll which showed the Tories pulling further ahead.
The ICM survey for The Guardian found confidence in Labour's handling of the economy collapsing as 64% said its policies would make no difference or cause even worse problems.
More would now rather see the nation's finances in the hands of Opposition leader David Cameron's team than those of Prime Minister Gordon Brown and Chancellor Alistair Darling.
Even the voters who put Labour back into power in 2005 have lost faith, just 48% saying they thought the Government's strategy would get the country out of the crisis.
And the Conservatives' overall support soared by six points to 44% - mainly at the expense of the Liberal Democrats - giving them a 12-point lead over Labour which fell one to 32%.
The data, gathered in the wake of last week's multi-billion second bank bailout, found support for some Labour policies - such as boosting public works (85%) and the VAT cut (63%).
But only 43% backed using taxpayers' money to buy bank shares and 52% thought the latest efforts to underwrite bank lending were the right approach.
Just 31% said they had faith that the overall package would make things better.
ICM interviewed a random sample of 1,003 adults by telephone between January 23 and 25 and the results were weighted to reflect the overall population.
