Faith in Economic Future Lessens
Americans were quite optimistic about the economy following President Trump's inauguration. Two months later, their optimism seems to be waning.
Americans were quite optimistic about the economy following President Trump's inauguration. Two months later, their optimism seems to be waning.
In response to the growing economy, the Federal Reserve Board is cautiously raising interest rates for the first time in years. Voters are slightly less wary of the economic power the Fed chairman has, but most still think the Fed is too cozy with big banking interests.
The United States has the highest corporate tax rate in the developed world, but most voters don’t know that. Voters tend to see cutting the tax rate as an economic plus but are evenly divided over President Trump’s plan to cut it by over half.
Voters are more confident in the government's oversight of the banking industry but also look more favorably on increasing that supervision.
Americans are far more optimistic about their economic future since Donald Trump's election as president.
Americans strongly believe in buying things made in the U.S.A., and most don't think the government protects domestic businesses enough.
President Trump this week told business leaders that he hopes to cut regulations on corporations by 75% or more because current regulations “make it impossible to get anything built.” Few voters defend the current level of government regulation.
Americans are much more optimistic about their personal financial future than they were a year ago.
President-elect Donald Trump promised during the campaign to reduce government regulations on business. Most voters agree that government regulations tend to hurt small businesses more and that large companies take advantage of the political system, but a growing number of voters think regulations are the best way to keep big businesses in check.
Americans remain skeptical of so-called “free trade,” and most believe the U.S. government doesn’t do enough to protect businesses here from overseas competition.
Americans strongly agree with both major presidential candidates about the importance of bringing manufacturing jobs back to the United States and are willing to pay more for consumer goods to make it happen.
Many continue to complain about the growing difference in income between rich and poor in America and want the government to do something about it. But voters still think that’s a bad idea.
While online security breaches are a regular occurrence, most Americans continue to trust their banking to the Internet.
More than a third of Americans say they are in worse financial shape than they were last year at this time, and most of them expect to be even worse off 12 months from now.
A sizable majority of Americans are again using the Internet to finish their holiday shopping this year.
Americans continue to shop at a record pace this holiday season.
Americans are either in a bigger spending mood this holiday season or just more eager to get their shopping done. The number who say they have begun their seasonal shopping has jumped to a record level following the Black Friday sales.
Voters still think policies that are pro-free market are important for the economy, but are they more important than those that reduce the income gap between rich and poor?
Turing Pharmaceuticals CEO Martin Shkreli made headlines last week when he purchased the rights to a drug used to fight AIDS complications and increased the price by 5000% overnight. Shkreli later promised to lower the price under pressure from medical groups and politicians, but the incident highlighted the continuing problem of rising prescription drug costs.