Just 13% of Americans believe that extending Bush era tax cuts should be the most important priority for government right now, according to a joint survey from AllState and the National Journal. Instead, the most important item on the agenda is job creation, with 28% saying the government should focus on pumping more money into the country’s infrastructure, research and education to boost jobs.
The survey, which is based on interviews with 1,200 adults from across the country, found that Americans are justifiably concerned about the future. In total, 60% of Americans feel the country is heading in the wrong direction, and 67% believe their financial situation will get worse or remain the same in 2011.
Yet, for all the concerns that people have about their future and the future of the country, Americans do not want the incoming Republican majority to act unilaterally in changing or undoing what the current administration has done for the past two years.
More than two thirds of those surveyed (70%) say Republicans should be willing to compromise with President Obama and work across the aisle, compared to just 25% who say Republicans should focus solely on pursuing their own political agenda.
Ultimately, the past few years of the economic downturn have taken their toll on Americans’ confidence in our economy. When asked which country has the strongest economy, nearly half of those surveyed said China, while just 20% said the U.S.
However, Americans have not lost faith in the country’s economy completely. About a third of those surveyed believe the United States will be the strongest economy in the world once again in 20 years. Of course, we need the right policies to get there.