COLUMBUS, OH – 2/26/2008 – Now hear this elected officials, or those who are campaigning for office, most Americans are looking for help from Washington in the form of fiscal restraint by confronting national debt issues now rather than passing it on to future generations as 71.8% feel the Government should deal with debt issues immediately, according to the latest American Pulse™ Survey of 4,070 respondents. When dealing with debt issues, the Government may want to consider options other than raising taxes as 77.9% of Americans already believe their Federal taxes are too high.
In addition, an overwhelming majority (79.2%) believe Americans are addicted to debt. 77.4% say Americans should focus on savings to benefit their individual financial situations.
Other key findings include:
· 42.7% say their debt is too high…64% say their savings are too low.
· 68.6% strongly disagree or disagree with the statement: “The U.S. government is looking out for my financial interests.”
· 66.2% believe the media can stimulate a recession.
· 45.6% believe the U.S. is already in a recession…39.1% say the U.S. is not currently in a recession but will soon be in one.
· 50.2% would rather have Congress and the president work out long-term solutions to current economic challenges than get a rebate check.
· 60.7% blame problems in the housing market for the sluggish economy.
· 50.8% say they live paycheck to paycheck.
To view a complete report or to submit a question for future surveys: http://americanpulse.bigresearch.com.
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