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October 01, 2008

Those with "skin in the game" more upbeat about U.S. economic future

This is an interesting take on our financial future by internationally acclaimed pollster John Zogby.  Many AWB members remember Zogby as the opening speaker at the 2007 Policy Summit.  Here are some specific examples:

Optimism: Fifty-five percent of investors believe US economy is in a recession vs. 72% of non-investors, and 19% of investors believe US economy is in a depression, compared to 30% of the non-investors who say the same. Among investors, 46% believe the U.S. economy will be better off than it is today, compared to 32% of non-investors.

Bailout:A slim majority - 51% - of investors support a sweeping bailout of US financial institutions vs. 43% of non-investors, and 52% of investors vs. 46% of non-investors support bailing out Fannie Mae & Freddie Mac. Forty-five percent of investors vs. 37% of non-investors support bailing out AIG.

McCain vs. Obama: 53% of investors are for McCain and 38% for Obama, while 52% of non-investors are for Obama and 37% for McCain. More than half - 53% - of investors say McCain can best handle the economy vs. 35% for Obama, and 53% of non-investors say Obama can best handle the economy vs. 33% for McCain. 

This analysis was based on Zogby Interactive poll of 2,102 likely voters nationwide conducted Sept. 26-27 which carries a margin of error of +/- 2.2%, and a Zogby poll of 2,331 like voters nationwide conducted Sept. 19-20 which carries a margin of error of +/- 2.1%.

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