Business

New Low: Just 14% Think Today’s Children Will Be Better Off Than Their Parents

Hope for the future generation has reached an all-time low. Just 14% of Americans expect today’s children to be better off than their parents. The latest Rasmussen Reports national telephone survey finds that 65% of American Adults do not expect today’s children to be better off than their parents. Twenty-one percent (21%) are not sure what to expect. (To see survey question wording, click here.)

The national survey of 1,000 Adults nationwide was conducted on July 22-23, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

56% Say Housing Market Will Take More Than Three Years to Fully Recover

Pessimism about the recovery of housing prices and the stock market remains at or near record highs.  A new Rasmussen Reports national telephone survey finds that 43% of American Adults believe it will take more than three years for the stock market to recover from the downturn in 2008. That’s up from 40% in June.  This is now the highest level of pessimism in over three years, although it should be noted that this is only the second time the question was posed specifically referencing the 2008 downturn as opposed to referring to "the recent downturn."  (To see survey question wording, click here.) 

Similarly, 56% believe it will take more than three years for housing prices to recover from the 2008 downturn. This is virtually unchanged from 57% last month which marked the gloomiest assessment of the housing market since regular tracking began in early 2009.  Again, however, it should be noted that this is just the second time the question referred specifically to the downturn in 2008.

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The national survey of 1,000 Adults nationwide was conducted on July 22-23, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Long-Term Optimism About U.S. Economy Falls to New Low

Confidence that the U.S. economy will recover in the next five years has fallen to its lowest level since early 2009. Short-term confidence isn't much better.

A new Rasmussen Reports national telephone survey of American Adults shows that just 31% believe the U.S. economy will be stronger in one year. Thirty-five percent (35%) predict a weaker economy by next year, and 18% more say it will be about the same. Seventeen percent (17%) are not sure. (To see survey question wording, click here.)

The national survey of 1,000 Adults nationwide was conducted on July 22-23, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

45% Fear Federal Government Will Do Too Much To Help Economy

Slightly more voters now fear the federal government will do too much in response to the troubled economy, but cutting government spending remains a favored option for most.

A new Rasmussen Reports national telephone survey finds that 45% of Likely U.S. Voters now say, in reacting to the nation’s economic problems, what worries them most is that the federal government will do too much.  Forty-three percent (43%) fear the government will not do enough, down from 48% last month.  Eleven percent (11%) more are not sure.  (To see survey question wording, click here.)

Partisan Economics: Democrats Believe Economy Getting Better

Democrats have a much more optimistic view of the U.S. economy than either Republicans or unaffiliated adults.

Currently, just 36% of Democrats believe the economy is in poor shape, according to new Rasmussen Reports polling.  Nearly twice as many Republicans (67%) offer such a pessimistic view. So do 54% of those not affiliated with either major party.

The national telephone survey of 3,500 American Adults was conducted by Rasmussen Reports July 14-20, 2012. The margin of sampling error for the survey is +/- 2 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

72% Believe Small Business Owners Primarily Responsible for Their Own Success

Most Americans believe entrepreneurs who start businesses do more to create jobs and economic growth than big businesses or government. They also believe overwhelmingly that small business owners work harder than other Americans and are primarily responsible for the success or failure of their businesses.

Seventy-two percent (72%) of Likely U.S. Voters believe that people who start small businesses are primarily responsible for their success or failure. A new Rasmussen Reports national telephone survey finds that only 13% disagree. (To see survey question wording, click here.)

63% Say It’s Not A Good Time To Sell A House

Most Americans still don’t think it’s a good time for someone in their area to sell their home, and the number who think buying a house is the best investment a family can make has again fallen below 50%.

A new Rasmussen Reports national telephone survey finds that just 17% of American Adults say it’s a good time for someone in their area to sell a house. Still, that's consistent with findings for much of this year so far and slightly higher than findings from 2009 through 2011. Sixty-three percent (63%) disagree and say now is not a good time to sell. Twenty percent (20%) are not sure.  (To see survey question wording, click here.)

The survey of 1,000 American Adults nationwide was conducted on July 18-19, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Fieldwork for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Confidence in Housing Values Falls to Lows for the Year

Confidence in the short- and long-term housing market among homeowners has fallen to the lowest level of 2012.

A new Rasmussen Reports national telephone survey of Homeowners shows that just 18% expect their home’s value to go up over the next year, down four points from June. Twenty-five percent (25%) expect home values to go down over the next year, while 51% say they will remain about the same. (To see survey question wording, click here.)

The national survey of 732 Adult Homeowners was conducted on July 18-19, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

49% Say Current Government Programs Increase Level of Poverty in U.S.

Nearly half of all Americans believe the government overspends on anti-poverty programs and continue to feel those programs actually increase the level of poverty in this country. A new Rasmussen Reports national telephone survey finds that 47% of American adults think the government spends too much on poverty programs. That's up nine points from 38% in April of last year. Thirty percent (30%) feel the government spends too little fighting poverty, while 15% say the amount spent is about right. (To see survey question wording, click here.)

The survey of 1,000 Adults was conducted on July 16-17, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

83% Favor Work Requirement for Welfare Recipients

Most Americans think there are too many people on welfare who should not be getting it and believe overwhelmingly that those who do receive welfare benefits should be required to work.

A new Rasmussen Reports national telephone survey finds that 83% of American Adults favor a work requirement as a condition for receiving welfare aid. Just seven percent (7%) oppose such a requirement, while 10% are undecided. (To see survey question wording, click here.)

The survey of 1,000 Adults was conducted on July 16-17, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

57% Say Venture Capital Firms Better Job Creators Than Government Programs

The Obama campaign’s attack on Mitt Romney’s business record hasn’t changed the belief that venture capital firms like the one Romney worked for are better job creators than government programs like the ones championed by the president.

A new Rasmussen Reports national telephone survey finds that 57% of Likely U.S. Voters believe venture capital companies are better at creating jobs than government programs are. Just 27% think government programs are a better way to create jobs. Seventeen percent (17%) aren’t sure. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 Likely Voters was conducted on July 13-14, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

52% Say Most U.S. Workers Are Dishonest to Get Ahead

Most Americans think dishonesty in the workplace is a common path to career advancement.

A new Rasmussen Reports national telephone survey finds that 52% of American Adults believe most workers in this country do something dishonest to get ahead at some point in their career. Twenty-eight percent (28%) disagree, but 20% more are not sure. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 Adults was conducted on July 12-13, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

30% Owe More Money Than They Did Last Year

Nearly half of young Americans now say they owe more money than they did last year.

A new Rasmussen Reports national telephone survey finds that 30% of all American Adults say they owe more money than they did a year ago, while nearly as many (29%) say they owe less.  Thirty-eight percent (38%) say their level of debt is about the same. That's consistent with findings for the last couple years. (To see survey question wording, click here.)

The survey of 1,000 American Adults nationwide was conducted on July 8-9, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

43% Say Auto Bailouts Were Good for U.S., 44% Disagree

Voters continue to hold a much more positive view of the government bailouts of the automobile industry than they do of the ones given to the financial sector.

The latest Rasmussen Reports national telephone survey of Likely Voters shows that 43% say the government bailouts of the auto industry were good for the United States, while 44% say they were bad for the country. Thirteen percent (13%) are undecided. (To see survey question wording, click here.)

42% Think Raising Taxes on $250,000-Plus Incomes Will Help Economy

A plurality of voters nationwide believes that raising taxes on those who earn more than $250,000 a year would help the economy, but there are sharp partisan differences of opinion.

Overall, 42% of Likely U.S. Voters think that raising taxes on those upper income Americans would benefit the economy. A new Rasmussen Reports national telephone survey finds that 30% believe such a tax hike would hurt the economy. Nineteen percent (19%) say it would have no impact (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook. 

The survey of 1,000 Likely Voters was conducted on July 11-12, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

38% Express Confidence In Fed To Keep Inflation, Interest Rates In Check

Americans’ confidence in the Federal Reserve Board keeping inflation under control is the lowest its been in 2012, as many continue to report paying more for groceries now compared to last year.

A new Rasmussen Reports national telephone survey shows that just 38% of American Adults are at least somewhat confident that the Fed can keep inflation under control and interest rates down, including just 13% who are Very Confident. Fifty-six percent (56%) lack confidence in the Fed in this area, with 22% who are Not At All Confident. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 1,000 American Adults nationwide was conducted on July 8-9, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

Obama Position on Extending Tax Cuts Tops GOP Proposal

Most voters favor temporarily extending the so-called Bush tax cuts for those who earn less than $250,000 a year but are less enthusiastic about continuing those tax cuts permanently for all Americans.

The latest Rasmussen Reports national telephone survey finds that 67% of Likely U.S. Voters agree with President Obama’s plan to extend the tax cuts for a year for those who make less than $250,000 annually. Just 20% oppose this temporary extension, and 13% are undecided. (To see survey question wording, click here.)

The national survey of 1,000 Likely Voters was conducted on July 11-12, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

43% Confident In Stability of U.S. Banking Industry

Confidence in the stability of the U.S. banking system has fallen to its lowest level in over a year of monthly tracking.

A new Rasmussen Reports national telephone survey finds that 43% of American Adults are at least somewhat confident in the stability of the U.S. banking industry today.  That’s down from 46% last month and from a recent high of 50% in May. By comparison, however, in July 2008 just before the Wall Street meltdown, 68% were confident in the banking system.

The survey of 1,000 American Adults nationwide was conducted on July 8-9, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

41% of Workers Expect To Earn More Money In A Year

Many working Americans continue to believe their earnings will be up a year from today, but younger workers are much more optimistic than their elders. 

A new Rasmussen Reports national telephone survey finds that 41% of Employed Adults believe they’ll be earning more money a year from today. That's down slightly from 43% in March, the highest finding since November 2010.  Just 13% think they'll be making less. Thirty-nine percent (39%) expect their pay to be about the same in a year’s time. (To see survey question wording, click here.)

(Want a free daily e-mail update? If it's in the news, it's in our polls). Rasmussen Reports updates are also available on Twitter or Facebook.

The survey of 637 Employed Adults was conducted on July 6-7, 2012 by Rasmussen Reports. The margin of sampling error is +/- 4 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology. 

66% Say Spending Cuts Should be Considered in All Government Programs

Voters continue to support across-the-board federal spending cuts to help solve the federal budget crisis.  A new Rasmussen Reports national telephone survey finds that 66% of Likely U.S. Voters think that, as the nation searches for solutions to the federal budget crisis, thoughtful spending cuts should be considered in every program of the federal government.

That's consistent with previous surveying but is the highest level of support since Rasmussen Reports first asked the question in August 2011. Twenty percent (20%) disagree and do not think spending cuts should be considered in all programs. Another 14% are not sure. (To see survey question wording, click here.)