Beliefs and economics

New study finds wealthy are different? via Alternet.  Since today and yesterday is shaping up to be deficit days in posts from me, this note caught my attention:

One especially significant difference between the opinions of the wealthy and the population as a whole centers on deficit reduction. According to a study cited by Demos, “87 percent of affluent households believed budget deficits were a ‘very important’ problem, the highest percentage of all listed perceived problems.” Jobs and education, which rank at or near the top of most Americans’ list of priorities, were “a distant second to budget deficits among the concerns of wealthy Americans.”

According to an exit poll conducted after the 2012 election, 59 percent of the public rated the economy as the country’s number one problem, while only 15 percent cited the federal budget deficit. But as the Demos report notes, “the affluent [not only] participate more in civic life; they also have greater influence over public policy.”

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