Posted on 04/27/2012 6:29:38 AM PDT by SeekAndFind
PRINCETON, NJ -- Americans' financial comfort is the lowest Gallup has measured to date, with 60% saying they currently have enough money to live comfortably and 39% saying they do not. Americans' peace of mind with their finances was fairly stable at a high level from the first asking of the question in 2002 through 2007, but has since faltered.
These results are from Gallup's annual Economy and Personal Finance poll, conducted each April. The 2012 survey was conducted April 9-12.
Americans' sense of their personal financial comfort is directly related to how much college education they have, with the major divide evident between those with a college degree and those with lower levels of formal education.
College graduates' financial comfort has declined relatively little over the past decade, from 86% in 2002 to 80% today. That compares with a 20-percentage-point decline among those who are not college graduates, from 71% to 51%, over the same time period.
This strong educational aspect of financial security is also reflected in Gallup's trends by income.
The large majority of upper-income Americans -- those whose household incomes are $75,000 or more per year -- as well as more than half of middle-income Americans ($30,000 to $74,999) currently believe they have enough money to live comfortably. By contrast, most Americans with incomes of less than $30,000 a year do not.
This comfort metric has fallen among all three groups over the past decade;
(Excerpt) Read more at gallup.com ...
Most people would be surprised at the number of ‘patrons’ at WM, K-Mart, elsewhere paying for their purchases with WICs coupons, EBT and the like.....Millions upon Millions!
In the last 6 years I’ve lived in my town, I can hardly think of a time I didn’t spot some heiffer swiping that Peach Card (two peaches on a green background in Georgia). We aren’t going to survive this as a functioning country.
More results of Hope and Change.
Obviously a racist organization. This is dog whistle politics.
...to live comfortably? That could mean they don’t have enough to go on 4 vacations a year instead of 1, it could mean they can’t spend as much at Vegas as they would like to, it could mean a whole raft of things.
Most of them probably voted for the Obamination.
The simple truth reaffirmed over the last 3 years:
SOCIALISM DOES NOT WORK!!!!
Translation: They can only afford two big screen TVs instead of three.
The simple truth reaffirmed over the last 3 years:
SOCIALISM DOES NOT WORK!!!!
__________________
Oh Veksen, didn’t you go to college? Socialism works just fine...it only fails every time because the right people aren’t in charge.
Trickle up poverty...
Hope and Change.
Fundamental Transformation.
code for from each accoding to their ability.....
What’s interesting to me is that 40% of Democrats are never satisfied no matter if the unemployment rate is 4% like during the middle of the Bush years or over 8% like now.
Hope and Change.
Fundamental Transformation.
code for from each accoding to their ability.....
Exactly!
I love your tagline.
a virtual bad-news implosion surrounding Obama these days.
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I wonder if Michelle Obama was polled for this survey how she would respond.
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