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New Study Identifies Opinions of the Automotive and Banking Industry Bailouts

30 Jan 2009

A recent research study by the National Business Research Institute, Inc. ("NBRI") shows that opinions of the Automotive and Banking Industry Bailouts vary significantly by Gender, Age, Level of Education, State of Residence, and Political Affiliation.

Addison, Texas (PRWEB) January 30, 2009 -- A recent research study by the National Business Research Institute, Inc. ("NBRI") shows that opinions of the Automotive and Banking Industry Bailouts vary significantly by Gender, Age, Level of Education, State of Residence, and Political Affiliation. The survey was distributed to a random sample of 55,236 individuals in December, 2008. A total of 1,400 surveys were received for analysis. A confidence level of 99% and a 4% sampling error was achieved.

NBRI’s 2008 Bailout Study reveals that:

  • Republicans (64%) feel more strongly than Democrats (45%) that the Banking industry bailout will not help middle-class America.
  • College Graduates (49%) feel more strongly than those in Graduate School (36%) that the Banking Industry bailout is not good for the economy.
  • Women (72%) feel that bailouts should be targeted toward helping US Citizens instead of corporations more so than Men (61%).
  • Arkansas residents (100%) do not support the Banking Industry bailout, while New Yorkers (46%) do.
  • Republicans (70%) disagree with the Automotive Industry Bailout to a higher degree than Independents (64%) and Democrats (39%).
  • Michigan residents (64%) feel more strongly that the Automotive Industry Bailout will help middle-class America than Texans (29%), Floridians (29%), New Jersey residents (26%), Californians (25%), Alabama residents (24%), and North Carolinians (21%).
  • Republicans (56%) feel more strongly that US Citizens will not benefit from the current automotive and banking bailout plan than Democrats (35%).
  • Men (47%) disagree more than Women (36%) with the idea of creating bailouts for US Citizens struggling with mortgage payments.

Additional findings include:
  • Respondents in a Civil Union (54%) feel more strongly than Married respondents (25%) that the Bush Administration is most responsible for the current Economic Crisis.
  • Women (38%) feel more strongly than Men (31%) that Individual Consumers/Home Buyers are least responsible for the current Economic Crisis.
  • Respondents age 65 and over (47%) feel more strongly that better oversight of mortgage lenders is important in solving the current Economic Crisis than respondents age 35-44 (30%).
  • Republicans (56%) disagree that Health Care Reform will help solve the current Economic Crisis more so than Democrats (30%).
  • College Graduates (29%) feel more strongly that better oversight of the Banking Industry will help solve the current Economic Crisis than those in Graduate School (22%).

NBRI is a consulting firm that specializes in psychological research (customer, employee, patient, political, and market research studies) in order to assist businesses and governments in understanding the thinking of their human populations. The firm was founded in 1982 and the consultants working for NBRI possess Ph.D. degrees in Organizational Psychology with expertise in statistics and psychological research.

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Read the full story at http://www.prweb.com/releases/bailout/survey/prweb1928964.htm.

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