47% Worry Government Will Do Too Much To Help Economy
Voters remain narrowly divided over how much the government should get involved in trying to turn around the U.S. economy.
Voters remain narrowly divided over how much the government should get involved in trying to turn around the U.S. economy.
One-out-of-three Americans think it’s good for the U.S. economy if the government puts more people on the payroll, but most adults still don’t see government as the solution to long-term unemployment.
With most college graduations over and high school graduations in progress, the impending entry into the “real world” is on the minds of many young adults, and often, the first thought is finding a job. But Americans overwhelmingly believe that won't be easy for this year's graduates.
Most voters continue to feel that tax cuts and decreases in government spending help the U.S. economy.
Even as the government releases a new report showing surprisingly little job creation in May and an increase in the unemployment rate, nearly one-out-of-three Americans predict that the unemployment rate will be higher a year from now.
Many Americans believe the country's economic meltdown was primarily due to criminal behavior by some financial executives, and a sizable majority feel the federal government has not been aggressive enough in pursuing criminal behavior by top Wall Street executives.
The Rasmussen Employment Index, which measures workers’ perceptions of the labor market each month, gained another two points in May after a five-point recovery last month from March’s recent low.
Americans still look back unfavorably on the federal government bailout of the financial industry and think the billions in taxpayer money went to those who caused the financial meltdown.
Sadly, the securities laws don't make it easy for small startups to raise capital from lots of "little" investors. So how do you structure a startup when
-- You've got lots of people involved, some putting in money, others putting in "sweat equity" and still others providing both
-- You are looking to raise only a small amount of money (less than $250,000) to launch the business?
-- You cannot afford the services of a qualified securities attorney?
Most voters know they want to cut government spending in a serious way, but despite the ongoing national budget-cutting debate, they don’t seem to recognize what that’s going to take.
Americans overwhelmingly believe that government regulators should be banned from working for companies they regulate for at least five years. A sizable number also think companies that offer jobs to regulators should be banned from doing business with the government altogether.
"Some friends of mine and I are forming a limited liability company to develop and market a mobile phone software application. There are 12 of us in total, and we live in three different states. Five of us will be developing the product in our spare time without putting in any money. Three of us just want to put in money without getting involved in running the company, while the remaining four will be putting in money as well as doing some consulting work to develop and market the product. Our lawyer has told us we will have problems setting up this company because of the federal securities laws. Say what? We're only looking to raise about $25,000."
The “revolving door” is a standard feature in Washington, D.C., with people regularly going back and forth between government and private industry jobs. The practice raises conflict-of-interest questions but is generally quite legal. Voters, however, think it smacks of bribery.
While just over half of American adults still believe buying a home is a family’s best investment, very few would recommend selling a home in the current market.
Only half of Adult Homeowners say their house is worth more than what they still owe on their mortgage, but most have not missed or been late on a mortgage payment in the past six months.
In case you've forgotten who I am since last week, my name is Joe, and I make exactly $250,000 per year before taxes -- one of the so-called "rich people" whose taxes should be raised in order to redress what many otherwise smart people view as an "income inequality" that threatens the very fabric of American life.
Homeowners continue to be skeptical about the value of their home in the short-term and even long-term confidence is limited.
Most American adults continue to believe interest rates will be higher in one year's time, but a majority says the rates they're paying now haven't changed over the past year.
Adults nationwide remain heavily concerned about inflation, and the number who says they are paying more for groceries now compared to a year ago has reached a new high.
Despite General Motors' seemingly improved financial picture and Chrysler's hopes to repay the government by next month, voters remain convinced that the bailouts of the big automakers were a mistake.