Categorized | Business

Poll: Economic Trust In Government Wanes

Here to help, huh?

Here to help, huh?

MANSFIELD PA – “I’m from the government, and I’m here to help the economy.”

Yeah, right, a slight majority of Pennsylvanians respond.

Fifty-two percent of state residents surveyed say they don’t trust the government to guide the nation’s economy, according a poll conducted by Mansfield University, the results of which were released Monday (March 30, 2009). Thing is, 44 percent of respondents say they have little or no trust in the free market to guide the economy, either.

Pennsylvanians’ opinions on how the economy could be managed show greater consensus, though. Eighty-nine percent oppose having large companies and banks as the primary recipients of federal economic stimulus money; 57 percent say stimulus packages should be targeted first to individual taxpayers.

A majority of state residents surveyed also think the government needs to focus first on long-range economic goals, rather than short-term quick fixes.

The university’s 2009 study was conducted by its sociology professors, and surveyed 708 state residents older than age 18. It has a 3.6 percent margin of error, they said. Mansfield University is located in the north central part of the state, 32 miles south of Corning NY.

Composite created from photos at Clipart.com

Sign up to get The Sanatoga Post delivered free daily by e-mail.

Share

No Responses to “Poll: Economic Trust In Government Wanes”

Trackbacks/Pingbacks

  1. [...] Poll: Economic Trust In Government Wanes Pennsylvanians polled by Mansfield University say they are unwilling to trust government leaders to get us out of the nation’s economic mess. A smaller percentage doesn’t trust business leaders to do it either. [...]

  2. [...] Poll: Economic Trust In Government Wanes Pennsylvanians polled by Mansfield University say they are unwilling to trust government leaders to get us out of the nation’s economic mess. A smaller percentage doesn’t trust business leaders to do it either. [...]


From Our Sponsors

From Our Sponsors

RSS Business News

  • Shares cut gains after ECB funding news May 16, 2012
    NEW YORK (Reuters) - Stocks sharply cut gains on Tuesday after news the European Central Bank stopped monetary policy operations to some Greek bank because recapitalization was not in place, central bank sources told Reuters. […]
  • Apple readies iPhone with bigger screen: sources May 16, 2012
    TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday. […]
  • Housing starts, industrial output rise May 16, 2012
    WASHINGTON (Reuters) - Groundbreaking for homes rebounded in April and factory activity gained steam, suggesting the economy remains on a steady, if unspectacular recovery course. […]
  • FBI's Mueller confirms JPMorgan preliminary probe May 16, 2012
    WASHINGTON (Reuters) - FBI Director Robert Mueller on Wednesday confirmed that the agency has opened a "preliminary investigation" into JPMorgan Chase & Co , the nation's largest bank. […]
  • ECB stops operations with some Greek bank: sources May 16, 2012
    FRANKFURT (Reuters) - The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on Wednesday. […]
  • Euro crisis leaves door open for more BoE easing May 16, 2012
    LONDON (Reuters) - The escalating danger from the neighboring euro zone debt crisis prompted the Bank of England on Wednesday to keep alive the prospect of more help for an ailing British economy it said was growing more slowly than expected. […]
  • Analysis: Key to Universal-EMI decision: Has music business lost control? May 16, 2012
    WASHINGTON (Reuters) - On the face of it, Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force, combining Universal's star lineup of Lady Gaga and Rihanna with the British company's deep library of The Beatles, Pink Floyd and Katy Perry. […]
  • Facebook boosts IPO size by 25 percent, could top $16 billion May 16, 2012
    NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money. […]
  • Shareholders sue JPMorgan Chase over trading loss May 16, 2012
    NEW YORK (Reuters) - JPMorgan Chase & Co was the target of two separate lawsuits by shareholders on Wednesday, accusing the bank and its management of excessive risk that led to trading losses of at least $2 billion. […]
  • GE Capital gets OK to resume dividend to parent May 16, 2012
    (Reuters) - General Electric Co's finance arm won regulatory approval on Wednesday to resume returning some of its profit to the parent company, a move that came earlier than some analysts had expected and could clear the way for GE to speed up stock buybacks and raise its shareholder dividend. […]