Zogby: Investors View Financial Crisis Differently than Non-Investors
Those with "skin in the game" more upbeat about U.S. economic future
UTICA, New York - An analysis of recent Zogby Interactive polling conducted in the midst of the economic and political upheaval in New York and Washington shows consistent differences in how investors and non-investors view the current financial crisis, how to handle it and which Presidential candidate can best handle it.
Investors are more likely than non-investors to: Here are some specific examples: Optimism: Fifty-five percent of investors believe US economy is in a recession vs. 72% of non-investors, and 19% of investors believe US economy is in a depression, compared to 30% of the non-investors who say the same. Among investors, 46% believe the U.S. economy will be better off than it is today, compared to 32% of non-investors. Bailout:A slim majority - 51% - of investors support a sweeping bailout of US financial institutions vs. 43% of non-investors, and 52% of investors vs. 46% of non-investors support bailing out Fannie Mae & Freddie Mac. Forty-five percent of investors vs. 37% of non-investors support bailing out AIG. McCain vs. Obama: 53% of investors are for McCain and 38% for Obama, while 52% of non-investors are for Obama and 37% for McCain. More than half - 53% - of investors say McCain can best handle the economy vs. 35% for Obama, and 53% of non-investors say Obama can best handle the economy vs. 33% for McCain. This analysis was based on a Zogby Interactive poll of 2,102 likely voters nationwide conducted Sept. 26-27, 2008, which carries a margin of error of +/- 2.2 percentage points, and a Zogby Interactive poll of 2,331 likely voters nationwide conducted Sept. 19-20, 2008, which carries a margin of error of +/- 2.1 percentage points. For a complete methodological statement on this polling, please visit: www.zogby.com (10/1/2008)