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Fourth Allstate National Journal Heartland Monitor Part 2





Collectively, elected officials were regarded as being out of touch with the concerns of everyday Americans: 80 percent said government officials had done a fair or poor job of addressing financial issues and 60 percent said banks, investment companies and major corporations were the main beneficiaries of federal action, as opposed to middle class and low-income individuals (17 percent). Respondents were evenly divided over whether this was an issue of design (48 percent) or poor execution (46 percent).

Respondents maintained a cautious outlook about their own lives, with the country divided relatively closely between those who think their conditions will improve (37 percent), those who think they will worsen (20 percent), and a plurality who don't expect much change (41 percent). Large majorities placed a lot of trust in their family (64 percent) and themselves (74 percent) to help manage financial risk.

While trust in government, banks and corporations remained low, the survey found strong support for actions that major institutions could take to win back people's confidence. Solid majorities said they would have a lot more trust in elected officials if they focused more on making government programs more effective while reducing wasteful spending (64 percent) and were upfront about whom they meet with and who donates to their campaigns (58 percent). Large financial corporations, meanwhile, could win back trust by acknowledging mistakes, paying back bailout money, hiring more American workers and providing access to financial literacy programs.

"Hope was the great anthem for President Obama's 2008 campaign, but for many Americans these days, hope seems in very short supply," said Atlantic Media Political Director Ronald Brownstein. "The latest Allstate-National Journal Heartland Monitor poll underscores the long, long reach of this prolonged recession into all corners of American life - and the cost that it is imposing on public confidence in many of our economic leaders and institutions, from President Obama and Congress, to major corporations and the financial sector. In all, this incisive survey captures a season of discontent that has settled over America like a biting winter chill."

To Be Continued...

About Author David Lipsky :

David Lipsky
Advocate for Allstate
" target="_blank">http://allstatemotorclub.com/> Allstate Insurance


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Article Added on Thursday, March 11, 2010
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