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  • Americans Blame Economic Woes on Washington Before Wall Street

    Americans remain convinced of Washington’s culpability in the economic crisis from which the country is still struggling to recover, according to a pair of new polls. The ongoing “Occupy” protests notwithstanding, Americans are more likely to blame the federal government than the financial sector for the country’s economic woes.

    According to a poll conducted by The Hill, 56 percent of likely voters believe Washington is “more to blame” for the economic crisis. Only 33 percent said Wall Street shoulders most of the culpability.

    That poll phrased the question as an either-or – is Washington more to blame, or Wall Street? But another poll released Monday shows that even given the opportunbity to lay blame on both institutions, Americans are more likely to blame Washington than Wall Street.

    Seventy-eight percent of respondents in a USA Today/Gallup poll said that Wall Street bears a “great deal” or a “fair amount” of the blame for the country’s economic woes. Eight-seven percent, meanwhile, assigned that blame to Washington.

    Most respondents said they didn’t know enough about the Occupy Wall Street protests to render a judgment, but they generally opposed the movement’s platform. A majority of respondents in the latter poll said they think the American economic system treats them fairly. Asked what a fair level of taxation for the top 1 percent of income earners should be, 28 percent said they have no opinion, while 21 percent said they should pay a 10 percent rate or less.

    Posted in Scribe [slideshow_deploy]

    7 Responses to Americans Blame Economic Woes on Washington Before Wall Street

    1. Bobbie says:

      I don't believe in the occupation. It's wrong to mislead vulnerable minds and wrong to put judgment on law abiding people that live in a free country just because of an assumable perspective. The protesters aren't fighting the core problem. American government at all levels in all democratic states have become completely incongruous to America's free market business solutions.

      Lets see what happens when government is accountable to represent freedoms of America where government is not intrusive and expected duties only complacent to the business instead of forcing themselves on the businesses of America at the cost of everyone, including human minds…

      • Anonymous says:

        I have a JOB, I don't want your money…
        I have an EDUCATION, I know my rights are being infringed upon…
        The GOVERNMENT must work for the PEOPLE.
        Or the PEOPLE will work without the GOVERNMENT…

        • Bobbie says:

          I'm not sure I'm getting your message correct, but the job of the government is to protect our freedoms, not intrude upon them! The people can and have before this president worked without any need of this government overreach imposing make work at unnecessary inefficient costs on our now, limited freedoms. The more government overreach, the more control of you, government has. the government creates illusions for you to suggest government must work for the people outside their constitutional duty. The goal of government is focus on power and control over the people. Yes, if the government were respectful of their vowed duty, the people can work without GOVERNMENT. True history will show you how…

    2. Finktron says:

      The Gallup poll is really interesting for this bit:

      "Among those asked about the fairness of the economic system, 49% of people without a college degree call it unfair, while 34% of college graduates do. Also, women are slightly more likely than men to call the system unfair. Sorted by political affiliation, 38% of Republicans say the system is unfair, compared with 44% of Democrats and 49% of independents."

      Independents think the system is more unfair than Democrats? Analyzed with the earlier statistics about who is to blame in the back of our minds, it seems possible that this figure derives from a feeling that the system is unfair because of Washington rather than Wall Street. I think more polling of self-described Independents is in order, since that demographic seems to be growing daily. How many of these folks identify with the Tea Party versus Occupy Wall Street–not just sympathize with, but openly identify as one or the other? Within that label, what are the statistics on apportioning blame between Wall Street and Washington? The whole thing is fascinating to me.

    3. Well, the 'real' 99% believe it is the government, not Wall Street. I don't CARE who wrecked the economy. I just want someone to do SOMETHING!

    4. you says:

      The Foundry, I think 2 Country rates dollar up now: Europe and Japan. So now Foundry, we don’t get the money from 2 Country: Europe and Japan, so we always tell to New York World Economic Forum, New York Government, Beijing World Economic Forum and Beijing Government about we go to New Zealand to tell them we don’t get 6 Country rates dollar up: New Zealand, Australia, Singapore, Malaysia, Oceania and Association of Southeast Asian Nations, and we want United States, China, Europe and Japan have a biggest fight to get all the money out from 7 and all Country: New Zealand, Australia, Singapore, Malaysia, Oceania, Association of Southeast Asian Nations, Africa and all Country into 4 Country: United States, China, Europe and Japan. And I go to http://www.statschat.org.nz to tell them.

    5. you says:

      The Foundry, I think 2 Country rates dollar up now: Europe and Japan. So now Foundry, we don’t get the money from 2 Country: Europe and Japan, so we always tell to New York World Economic Forum, New York Government, Beijing World Economic Forum and Beijing Government about we go to New Zealand to tell them we don’t get 6 Country rates dollar up: New Zealand, Australia, Singapore, Malaysia, Oceania and Association of Southeast Asian Nations, and we want United States, China, Europe and Japan have a biggest fight to get all the money out from 7 and all Country: New Zealand, Australia, Singapore, Malaysia, Oceania, Association of Southeast Asian Nations, Africa and all Country into 4 Country: United States, China, Europe and Japan. And I go to http://www.statschat.org.nz to tell them.

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