Social Security Investments “Bad Idea” In US (Hart/McInturff/WSJ/NBC)

[struggle4progress]

(Angus Reid Global Scan) – Many Americans are against a proposal to change the Social Security system in the United States, according to a poll by Hart/McInturff released by the Wall Street Journal and NBC News. 55 per cent of respondents believe allowing workers to invest contributions in the stock market is a bad idea, a four per cent increase since February. <snip>

Polling Data

In general, do you think that it is a good idea or a bad idea to change the Social Security system to allow workers to invest their Social Security contributions in the stock market?

Apr. 2005 Feb. 2005

Good idea 35% 40%
Bad idea 55% 51%
Not sure 10% 16%

Source: Hart/McInturff / The Wall Street Journal / NBC News
Methodology: Telephone interviews to 1,002 American adults, conducted from Mar. 31 to Apr. 2, 2005. Margin of error is 3.1 per cent.

http://www.angus-reid.com/polls/index.cfm?fuseaction=viewItem&itemID=6672

[despairing optimist]

1. Look for the "bad idea" numbers to grow as the bear market deepens

this year. The economy is skating on the edge of an abyss.

[truthisfreedom]

2. that poll is total bullcrap. 40%+51%+16%= 107%??? excuse me?

february has been doctored.

[RedEarth]

3. LOL...that was exactly my first thought......must be the "new math"

[gristy]

4. Looks like the error is in "not sure"

which should probably be 9% for last Feb. See www.msnbc.msn.com/id/7407269/

Fifty-five percent believe that it?s a bad idea to allow workers to invest their Social Security contributions in the stock market, while 35 percent think it?s a good idea. That?s a drop from the February survey, which found that 51 percent opposed Bush?s plan versus 40 percent who supported it.

[struggle4progress]

5. Thanks for sorting this out. eom

[SoCalDem]

6. It's always 65-35 or somewhere near those numbers.. remember the Clinton

impeachment.. Basically 65% of the people are intelligent enough to "do their homework" and at least question these things.. The unfortunate part is that not all 65% vote..and some of them are swayed on a few "pet issues", and vote contrary to their overall well being.. That pesky 30-35% is KILLING us all :(