US more scared of market crisis than terrorism: Survey
Washington, October 11:
The vast majority of Americans surveyed post-economic meltdown agreed that the financial crisis “poses a greater threat to the quality of life than does terrorism”, says a new opinion poll. Researchers found little trust in the government and even less in business leaders.
On a personal level, 41 per cent of the 802 respondents were very angry about the current financial challenges and 32 per cent were moderately angry. Respondents were fearful and worried. Only 19 per cent felt they could adjust to what happens because of the financial crisis; 51 per cent said they had no or little control over the impacts on their lives. Seventy-eight per cent expect to postpone major purchases (large appliances or cars). The survey was conducted by a five-member team.
Asked who could meet the economic challenge, respondents gave none a firm endorsement. Democratic presidential candidate Barack Obama received the highest nod, but at only 23 per cent, according to a release of Oregon University. His Republican rival John McCain drew 16 per cent of their trust. Support of President Bush, Congress and the Treasury Secretary Henry Paulson ranged from five to seven per cent. Business leaders drew only two per cent.