|
Time Poll conducted by Abt SRBI. Oct. 26-27, 2009. N=1,003 adults
nationwide. MoE ± 3. |
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"How closely are you following the news about the
financial problems on Wall Street and the Obama administration's proposals
to address these problems: very closely, somewhat closely, not too closely,
or not at all?" |
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Very
Closely |
Somewhat
Closely |
Not Too
Closely |
Not at All |
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% |
% |
% |
% |
|
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10/26-27/09 |
33 |
45 |
16 |
5 |
|
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"How good a job would you say the following are doing
in taking steps to avoid another financial crisis in the future like the one
we've had in the past year? [See below.] Would you say that they're
doing an excellent job, a good job, only fair, or poor job?" |
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Excellent |
Good |
Only Fair |
Poor |
Unsure |
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% |
% |
% |
% |
% |
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"President Obama" |
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10/26-27/09 |
11 |
31 |
29 |
26 |
3 |
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"Democrats in Congress" |
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10/26-27/09 |
3 |
19 |
42 |
31 |
5 |
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"Republicans in Congress" |
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10/26-27/09 |
1 |
12 |
46 |
36 |
5 |
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"Major banks and other Wall
Street financial institutions" |
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10/26-27/09 |
1 |
6 |
38 |
50 |
5 |
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"Federal government
regulators" |
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10/26-27/09 |
1 |
13 |
43 |
35 |
8 |
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"The Federal Reserve Board" |
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10/26-27/09 |
2 |
18 |
42 |
23 |
15 |
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"The American people" |
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10/26-27/09 |
3 |
28 |
47 |
15 |
7 |
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"As you may know, the federal government invested
billions of dollars to rescue the major financial institutions. Looking
back, do you think this was the right thing or the wrong thing for the
government to do?" |
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Right
Thing |
Wrong
Thing |
Unsure |
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% |
% |
% |
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|
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10/26-27/09 |
37 |
55 |
7 |
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"Do you think that Wall Street has had too much
influence over the government's economic recovery policies, about the right
amount of influence, or too little influence?" |
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Too Much |
About Right |
Too Little |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
58 |
21 |
13 |
8 |
|
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"Now that many banks and financial institutions are
recovering with the government's help, how much has this recovery helped
people like yourself: a great deal, some, not much, or not at all?" |
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A Great
Deal |
Some |
Not Much |
Not at All |
Unsure |
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% |
% |
% |
% |
% |
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10/26-27/09 |
3 |
19 |
31 |
45 |
1 |
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"Do you think that government policies since the
financial crisis have favored Wall Street financial institutions over the
needs of people like yourself, or did the government just do what was
necessary to avoid a bigger crisis?" |
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Favored
Wall Street |
Did What Was
Necessary |
Depends
(vol.) |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
32 |
60 |
2 |
6 |
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"Do you think that the government has done enough to
help people like yourself during this economic downturn, too much, or does
the government need to do more to help people like yourself?" |
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Has Done
Enough |
Has Done
Too Much |
Needs To
Do More |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
22 |
10 |
62 |
6 |
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"As a result of the recent financial crisis, do you
think that the large Wall Street financial institutions learned from their
mistakes and will change the way they do business, or, do you think things
will return to business as usual now that Wall Street has started to
recover?" |
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Change |
Business
as Usual |
Depends/
Mixed (vol.) |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
18 |
75 |
3 |
4 |
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"How concerned are you that the United States could
suffer another financial crisis in the next few years as a result of Wall
Street firms taking too much risk: very concerned, somewhat concerned, not
very concerned, or not at all concerned?" |
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Very
Concerned |
Somewhat
Concerned |
Not Very
Concerned |
Not at All
Concerned |
Unsure |
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% |
% |
% |
% |
% |
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10/26-27/09 |
44 |
41 |
9 |
5 |
1 |
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"Do you think there should be more government
regulation of Wall Street than we've had in the past, less regulation, or
about the same amount of regulation as now?" |
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More |
Less |
Same |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
59 |
13 |
23 |
5 |
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"Do you think that executives at the large Wall Street
financial institutions today are paid fairly for the work they do, paid
somewhat higher than they should be paid, or is their pay completely out of
line with what they do?" |
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Fairly |
Somewhat
Higher |
Completely
Out of Line |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
10 |
22 |
63 |
5 |
|
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"Last week the government
ordered pay cuts and changes in the way bonuses are paid to top executives
at the seven financial companies that received the most government
assistance. Do you favor or oppose the federal government putting limits on
salaries and other compensation paid to these executives? ... Do you feel
that way strongly or somewhat?" |
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Favor
Strongly |
Favor
Somewhat |
Oppose
Somewhat |
Oppose
Strongly |
Unsure |
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% |
% |
% |
% |
% |
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10/26-27/09 |
53 |
18 |
11 |
14 |
4 |
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"Some people say that if the government limits pay and
bonuses at these Wall Street firms, it will hurt their ability to retain and
attract the most talented employees that these companies need to recover and
pay back the billions of dollars they owe to the federal government. Others
disagree and say that the government needs to change the way Wall Street
operates. All in all, should the government force pay cuts and other changes
in compensation for the top executives of these institutions or not?" |
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Should Force
Pay Cuts |
Should Not |
Depends/
Other (vol.) |
Unsure |
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% |
% |
% |
% |
|
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10/26-27/09 |
67 |
26 |
3 |
4 |
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"Several banks rescued by the government which have
now paid back the government's rescue loans are paying record bonuses to
employees. Should the government allow these banks to pay these record
bonuses, or should the government strictly limit pay and bonuses at all
banks which the government rescued, regardless of whether or not they've
paid back the government?" |
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Allow Record
Bonuses |
Strictly
Limit |
Unsure |
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% |
% |
% |
|
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10/26-27/09 |
31 |
62 |
7 |
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"Should the government reduce these executive bonuses
by putting special higher taxes on them, or not?" |
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Put Higher
Taxes On
Them |
Not Put
Higher Taxes
On Them |
Unsure |
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|
|
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% |
% |
% |
|
|
| |
10/26-27/09 |
49 |
45 |
7 |
|
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"The government paid billions of dollars to rescue
financial companies that the government believed were too big to fail --
that is, if they failed, the entire financial system might collapse. Should
the government have the power to break up banks and financial companies that
it believes are too big to fail, or should the government not interfere with
privately owned businesses?" |
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Should Have
the Power |
Should Not
Interfere |
Unsure |
|
|
|
|
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% |
% |
% |
|
|
| |
10/26-27/09 |
36 |
57 |
8 |
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"If the government had allowed these banks to fail, do
you think you personally would have suffered from these bank failures, or
not?" |
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Would Have
Suffered |
Would Not
Have
Suffered |
Unsure |
|
|
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% |
% |
% |
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|
| |
10/26-27/09 |
54 |
40 |
7 |
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