
American Pulse™: Workers Plan
to Save or
Pay Down Debt with Extra Money from Stimulus
Majority Say Retirement May Not be an Option
COLUMBUS, OH – (MARKET WIRE) – 3/3/09 – Almost thirty percent of Americans say
the stimulus may not stimulate them to spend and instead will save their extra
cash, according to the February American Pulse™ (N=4910). 24% will put it
towards credit card bills and 20.3% will pay down installment loans.
When it comes to the stimulus bill, close to two-thirds (66.1%) don’t believe
that Congress read and understood the close to 1,100 pages before they voted on
it. Further, 47.3% say that members of Congress used it to promote their own
agendas.
Americans are split on whether they think the stimulus bill will do more harm or
more good. 31.5% say more harm, while 32.5% say more good in the long run. Over
half (56%) think the US will never again have a balanced budget given recent
bailouts and stimulus spending.
Americans’ 401k plans have taken a wallop, leaving many to say “bye-bye” to
dreams of retirement. 68.4% of workers feel their chances at ever being able to
retire are less than 50%. 28.1% say their odds are at 0%.
All-in-all Americans are still laughing, even with a lot on their minds. 67.1%
say they laugh regularly, while 27.8% say they laugh occasionally. 79.9% turn to
their friends for a good laugh, 69.1% watch TV and 48.6% go online for comedic
relief. Laughter may just be the best medicine as people ride out the rocky
economy.
Concurrently, BIGresearch and Artafact have launched a blog to allow survey
respondents to talk further on topical issues such as the economy and stimulus
bill. Bloggers’ comments range from “in God we trust, but not the Government” to
“living off the land and working until they can’t walk anymore.”
To visit the BIGresearch Blog:
http://peoplevoice.ning.com/
For complimentary findings:
http://americanpulse.bigresearch.com.
About
American Pulse™
The American
Pulse™ Survey is collected online by BIGresearch every
month exclusively utilizing Survey Sampling International’s (SSI) U.S. panel
covering topics such as politics, pop culture and the economy. Over 4,000
respondents participate, providing greater insights into how Americans really
feel about issues they currently face.
http://www.bigresearch.com
About Artafact
For researchers
who need a quick and easy solution for conducting online focus groups, Artafact
is a virtual focus group facility that replicates a traditional focus group in a
collaborative online environment. Artafact bulletin boards support consumer
generated content, allowing respondents to create and manage discussion
threads. More information is available at
www.artafact.com.
About Survey Sampling International (SSI)
Survey Sampling International is the premier global provider of
sampling solutions for survey research. SSI offers access to more than 6 million
consumer and business-to-business research respondents in 54 countries via
Internet, telephone, and mobile. Additional client services include custom
profiling, survey programming and hosting, data processing, sampling consulting,
and survey optimization. SSI serves more than 1,800 marketing research clients,
including nearly three-quarters of the top researchers worldwide. Founded in
1977, SSI has an international staff of 400 people representing 50 countries and
36 languages. The company is based in Shelton, CT with 14 additional offices
worldwide.
http://www.surveysampling.com
Contacts:
BIGresearch
SSI
Chrissy Wissinger
Diane Urso
chrissy@bigresearch.com
diane_urso@SurveySampling.com
614.846.0146
203.567.7236