Sunday, August 18th, 2019

7 Out of 10 Americans Agree That Economy is Rigged Against Them

Published on July 5, 2016 by   ·   No Comments

credit

Intellihub

A new Marketplace-Edison Researchpoll published Tuesday found that a full 71 percent of respondents agree that the economy is rigged, affirming the popular rhetoric of the current presidential campaign season.

The majority opinion held firm across ethnicity, class, age, and gender differences. A whopping 83 percent of African Americans polled agreed that the economy is rigged, and 80 percent of people ages 18-24 also held that opinion.

The poll, which has been tracking rising economic anxiety, discovered that most Americans agree that the economy was better for their parents’ generation, and believe that the economy will be worse for the next generation.

Perhaps the perception of a rigged economy is because people are working harder for increasingly less financial security.

The poll found that nearly one-quarter of respondents hadn’t taken a single vacation for over five years, while nearly 50 percent also confirmed fearing that they might lose their job within the next 12 months.

Moreover, 71 percent said they were afraid of an unexpected medical bill and 53 percent feared being unable to make a mortgage payment. Of renters, 60 percent fear being unable to pay rent.

Nearly one-third told the pollsters that they are losing sleep over their financial situation.

Meanwhile, the poll fond that Wall Street and banks are viewed in an unfavorable light: nearly 60 percent agreed that Wall Street does more to hurt than help the majority of Americans, and 56 percent agreed that the U.S. government should break up banks deemed “too big to fail.”

A majority of 54 percent also felt that the decline in U.S. manufacturing jobs was a result of so-called “free trade” deals, rather than “natural changes in the economy,” as the poll put it.

The poll’s questions were familiar to many of those following this year’s presidential election, as presidential hopeful Bernie Sanders made the phrase “rigged economy” and his critique of trade deals into touchstones of his campaign:

Following the shocking success of Sanders’ outsider campaign, current front-runners Donald Trump and Hillary Clinton have both co-opted Sanders’ language in an attempt to woo his supporters.

Read More HERE

Share the Truth:
  • Digg
  • Facebook
  • Twitter
  • Google Bookmarks
  • Global Grind
  • MySpace
  • Ping.fm
  • Tumblr
  • email

Readers Comments (0)




Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Daily News and Blogs

Listen to the TIS Network on blogtalkradio.com

Check Out Pop Culture Podcasts at Blog Talk Radio with TIS Network on BlogTalkRadio

Like us on Facebook

Advertise Here

Advertise Here