TV News LIES

Friday, Dec 09th

Last update05:20:13 AM GMT

You are here News Economy US economic model broken, says survey

US economic model broken, says survey

E-mail Print PDF

“If the American economic system is set up to reward risk takers, what happens when the majority of Americans are no longer willing to take risks?” said David Bowers, managing director of Absolute Strategy Research, a London-based investment consultancy that commissioned the research.

Fairness was the biggest perceived flaw in the economic model – only 20 per cent of Americans said it “distributes wealth and income fairly”. Majorities said the US system did not provide equal opportunities for everyone or reward people for their hard work and skill.

There was a sharp political divide, however, with 77 per cent of self-identified Democrats agreeing that the system was broken compared with 51 per cent of Republicans. Among independents, 64 per cent thought that the economic model no longer worked, suggesting an opportunity for Mr Obama if he can convince this swing block of voters that his policies will improve the system.

More...


Most Recent Related Stories...


Trump's Carrier Victory Is the Economy's Loss

Trump carrier dealDonald Trump has scored a political victory by persuading Carrier Corp., a maker of air-conditioning and...

Wells Fargo faces new restrictions from banking regulator

Wells Fargo A federal banking regulator has imposed tighter restrictions to Wells Fargo & Co.'s settlement regarding the...

Carrier agrees to keep 1,000 jobs in Indianapolis

Carrier Carrier Corp. is staying in Indianapolis after all. Nearly nine months after announcing it would relocate its...

Ford CEO warns Trump's 35% car tariff would harm the economy

Mark FieldsFord Motors CEO Mark Fields said Tuesday that a 35% tariff on cars and trucks imported...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!