95% say “Balance the Checkbook” Better Than Congress, according to the latest American Pulse ™ Survey
Worthington, OH (BUSINESS WIRE) 8 September 2011
While Congress struggles to balance its budget, are the Americans keep their personal finances in order: 94.5% of Americans say they are better than Congress’ balancing the checkbook, “according to the latest American Pulse ™ Survey Of 6138 respondents. Those from Generation Y, however, give Congress a little more credit. Only 86.5% think that they have a better job with their own finances.
Another financial problem, Social Security is, most Americans worried about retirement. The majority of Americans are somewhat / very concerned that the funds will run out of Social Security by the time they retire. The members of Generation X appear the most affected by Gen Y. Boomers are followed not so worried, probably because they are close to retirement age:
Something
/ very concerned Social Security Will Run Out before retirement
Gen Y: 74.7%
Gen X: 82.7%
Boomers: 66.1%
Source: American Pulse ™ Survey, Aug-2011
For a full, free report here.
41.1% of adults 18 + say that Social Security rather than the citizens should pay into a government-sponsored pension plans are being privatized. The members of Generation Y (57.6%) agree most closely, while Boomers would rather keep the system as it is (42.3% vs. 32.6%, which would decide on a privatization).
American perspective of the Social Security program mirrors that of the overall economy. 7 of 10 (71.1%) believe the economy is currently declining slightly or strongly declining. 15.2% say it is not to change, while 13.7% see improvements. The majority (84.3%), however, say that we are still in a recession (vs. 8.5% who do not agree and 7.2% who do not know).
Regarding the recent volatility in equity markets, most Americans are not convinced that the market will recover by the end of the year (although 18.4% are optimistic). 35.7% predict the market will be better by the end of 2012, while 29.2% recovery at the last five years. Expect
the country’s finances with a weight on the minds of Americans, it’s no wonder that many like a CEO (46.4%) or a banker (19.0%) lead the nation would see. Another 13.3% would like a construction worker in charge, 8.1% would opt for an ambassador, and 6.8% would like to see a comedian run the country.
Voting under U.S.
remarkable personalities of public life, would choose almost 3 in 10 Americans (28.2%), Steve Jobs to run the country in 2012, while 16.8% of Fox News personality Bill O’Reilly would bring. George Clooney (10.9%) rounds out the top three, followed closely by Joe the Plumber and Stephen Colbert (each with 9.5 %).
For a special look at the income expected in 2012 and what the Americans would do with an extra $ 1,000, click here to see the “Money Matters” report view.
American Pulse ™
The American Pulse ™ Survey is collected online by BIGresearch ® twice a month exclusively utilizing SSI’s U.S. panel on topics such as politics, pop culture and the economy. 6138 respondents in the third August American Pulse participated 8/30-8/31/2011 performed. Margin of error is + / – 1.3%. http://www.biginsight.com
Survey Sampling International (SSI)
Merging Survey Sampling International and Opinionology SSI is the leading global provider of world-class sampling, data collection and analytical solutions for survey research. SSI reaches respondents in 72 countries via Internet, telephone, mobile / wireless and mixed-access offers. Value-add services include questionnaire design consultation, programming and hosting, data processing and real-time reporting. SSI serves more than 2,000 customers, including the top 50 research institutions. It has 30 offices serving customers around the world.
BIGresearch
Chrissy Wissinger
chrissy@bigresearch.com
Randi Honkonen
randi (at) bigresearch (dot) com
614.846.0146
SSI
Ilene Siegalovsky
Ilene_siegalovsky (at) survey sampling (dot) com
203-567-7230
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