Skip to main content

In a post this morning about national satisfaction inching up (but still low), Gallup has an important point to make about the relative importance of jobs and the economy vs. the deficit:

Economic Concerns Continue to Be Cited as Most Important Problem

Americans' economic angst is likely a major reason for their lower satisfaction with national conditions. Gallup's monthly update on the most important problem facing the country finds 66% mentioning some economic issue, though that percentage remains a bit lower than what Gallup measured as recently as November (76%).

The health of the economy in general (31%) and jobs or unemployment (26%) continue to rank as the top two specific issues Americans most often cite. Dissatisfaction with government is next, at 15%. The only other issues to receive at least 5% mention are the federal budget deficit and healthcare.

This was especially interesting because of the exit poll findings last night out of New Hampshire:
Note that the Republican voters favored deficit reduction 60 to 40 over job creation. They lost because they divided their vote (Romney, especially, and Huntsman won the job creation vote), but even had they united behind a single candidate and won, they'd still be out of touch with the rest of America.

Fancy that.

Originally posted to Greg Dworkin on Wed Jan 11, 2012 at 05:07 AM PST.

Also republished by Daily Kos.

EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

  •  Tip Jar (15+ / 0-)

    "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

    by Greg Dworkin on Wed Jan 11, 2012 at 05:07:20 AM PST

  •  and by the way (10+ / 0-)
    Greece has been forced to cut spending and raise taxes in the middle of a severe downturn, slashing pensions as well as state salaries, jobs and services. As public confidence has evaporated, consumer spending — the biggest driver of the economy — has plunged, generating cascading losses at private firms. The result is a dizzying economic plummet and social crisis that is bringing the cradle of Western civilization to its knees.

    “Conditions have deteriorated so dramatically that doctors in this country now believe that the Greek crisis is no longer just a financial crisis but a humanitarian crisis,” said Dimitris Varnavas, the president of the Federation of Greek Hospital Doctors’ Unions.

    The economic pain here is intensifying the debate over how to fix Europe’s fiscal woes, potentially influencing U.S. policymakers as they chart their own course to cut the deficit.

    http://www.washingtonpost.com/...

    "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

    by Greg Dworkin on Wed Jan 11, 2012 at 05:29:00 AM PST

    •  Lots of troublesome things all over the world (0+ / 0-)

      I think that our leaders are, in fact, rethinking policies to reign in our deficit.  Few countries around the world aren't having the same kind of problem Greece is having although most don't have problems as dire as Greece does.

      What Greece needs is money, let's face it.  They can't borrow it and they're going to have to rely on a bail out of one sort or another and there is no doubt that the U.S. will eventually have to be involved in that.  This is not good for the U.S. because we have deficit issues of our own.  And, after Greece, what's next?  What other countries are going to face that dilmena?  Who then will bail those countries out?  Where does that money come from?  

      It's dizzying, as is said here.  Where does it stop?  HOW does it stop?  

      In my honest opinion, I don't think anyone truly knows the answer.  

      - If you don't like gay marriage, blame straight people. They're the ones who keep having gay babies.

      by r2did2 on Wed Jan 11, 2012 at 06:22:53 AM PST

      [ Parent ]

    •  So...raising taxes is a bad thing, eh? (1+ / 0-)
      Recommended by:
      DemFromCT

      Couldn't help myself.

      LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

      by dinotrac on Wed Jan 11, 2012 at 06:30:03 AM PST

      [ Parent ]

      •  cutting spending is a bad thing (2+ / 0-)
        Recommended by:
        ratcityreprobate, Larsstephens

        as is raising taxes in a recession.

        hence the payroll tax discussion.

        Greeks, of course, don't actually pay the taxes they are allocated, so it's kinda irrelevant. ;-P

        "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

        by Greg Dworkin on Wed Jan 11, 2012 at 06:33:51 AM PST

        [ Parent ]

        •  Not totally true (0+ / 0-)

          Greece does have huge tax non-compliance but they raise 40% of GDP in tax revenue. The USA is well below that.

          We need to compare high tax evasion of high taxes with lower tax evasion of low taxes.

          The national sales tax in Greece is 23%.

          There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

          by upstate NY on Wed Jan 11, 2012 at 07:35:06 AM PST

          [ Parent ]

          •  40% of GDP in taxes? (0+ / 0-)

            And you think that's a good thing?

            Mercy.

            LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

            by dinotrac on Wed Jan 11, 2012 at 07:43:19 AM PST

            [ Parent ]

            •  It's average for the EU (0+ / 0-)

              and well above the USA.

              I'm not getting you, actually. The previous post was discussing the lack of tax revenue in Greece.

              I replied that it's 40% of GDP.

              The only way your post makes sense is if you believe 40% of GDP is not enough.

              Besides, there are very rich countries in Europe, such as Sweden, that take 55% of GDP in tax revenue. Quality of life in that country is great.

              The problem with Greece is that all the tax revenue the country takes is squandered mostly through inefficiency but mainly through a very high 5% of GDP expenditure on military armaments.

              There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

              by upstate NY on Wed Jan 11, 2012 at 09:37:09 AM PST

              [ Parent ]

              •  No, that's not the only way it makes sense. (0+ / 0-)

                One takeaway from Greece is that collecting 40% of GDP in taxes will not avert disaster.

                I don't believe there is some magic number for taxation.  I believe, for example, that a more productive economy should result in lower relative taxes.  The need for government services does not increase on 1-1 basis with increase in GDP.  

                Too bad we don't have a magical tax Goldilocks to determine what's just right.

                LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

                by dinotrac on Wed Jan 11, 2012 at 10:19:09 AM PST

                [ Parent ]

          •  more than mostly true (1+ / 0-)
            Recommended by:
            Larsstephens
            According to a remarkable presentation that a member of Greece’s central bank gave last fall, the gap between what Greek taxpayers owed last year and what they paid was about a third of total tax revenue, roughly the size of the country’s budget deficit. The “shadow economy”—business that’s legal but off the books—is larger in Greece than in almost any other European country, accounting for an estimated 27.5 per cent of its G.D.P. (In the United States, by contrast, that number is closer to nine per cent.) And the culture of evasion has negative consequences beyond the current crisis. It means that the revenue burden falls too heavily on honest taxpayers. It makes the system unduly regressive, since the rich cheat more. And it’s wasteful: it forces the government to spend extra money on collection (relative to G.D.P., Greece spends four times as much collecting income taxes as the U.S. does), even as evaders are devoting plenty of time and energy to hiding their income.

            http://www.newyorker.com/...

            "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

            by Greg Dworkin on Wed Jan 11, 2012 at 10:54:17 AM PST

            [ Parent ]

            •  That doesn't counter anything I wrote. (0+ / 0-)

              By the way, OECD # for American tax evasion is 17%. For the eurozone it's 19%.

              Assuming Greece dropped from 27% to the euro average, that's a gain of $12 billion a year. A lot of money, but NOT the reason why Greece got into trouble. As well, the GDP figure includes shipping (which at 15% of GDP is untaxed) and tourism (notoriously hard to tax), so an honest appraisal of the Greek system would begin by removing shipping from the equation. If you reduced Greek GDP by the amount of shipping revenue, the tax evasion figure drops by 4.5% to 23%. Just 4% or 6 billion more a year than the average European country.

              Besides, any gains from tax collection would likely be offset by a reduction of the tax rate (which is sorely needed as it is punishing at this point). 86% of Greeks have taxes fully removed at the source (i.e. paychecks). It's the 14% who account for the evasion.

              There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

              by upstate NY on Wed Jan 11, 2012 at 12:34:18 PM PST

              [ Parent ]

              •  eh (0+ / 0-)

                they (the 14%) still don't pay their taxes, your apologia aside.

                "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

                by Greg Dworkin on Wed Jan 11, 2012 at 02:28:57 PM PST

                [ Parent ]

                •  What apologia? (0+ / 0-)

                  Anyone who knows me knows that I despise the 14%.

                  But your rebuttal doesn't address what I wrote.

                  There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

                  by upstate NY on Wed Jan 11, 2012 at 02:54:46 PM PST

                  [ Parent ]

                  •  well (0+ / 0-)

                    The Greeks, as I cited,  have a tax revenue issue. You play it down, or at least split hairs over it, by my reading.

                    "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

                    by Greg Dworkin on Wed Jan 11, 2012 at 04:22:07 PM PST

                    [ Parent ]

                    •  I play it down because it's used (0+ / 0-)

                      as a reason why they are in trouble.

                      Do the numbers. If they made the Euro average in tax evasion, it wouldn't make much of a difference, nor is it the reason they are in trouble.

                      There are two kinds of people in this world. The kind who divide the world into two kinds of people, and the kind who don't.

                      by upstate NY on Wed Jan 11, 2012 at 07:37:29 PM PST

                      [ Parent ]

      •  raising taxes is bad? what about cutting (0+ / 0-)

        spending?. Is that good in a recession?

        "When fascism comes to America, it will be wrapped in a flag and carrying a cross." Sinclair Lewis, 1935 --Talk of foresight--

        by tuma on Wed Jan 11, 2012 at 08:23:22 AM PST

        [ Parent ]

  •  this is where Bains will haunt Romney (5+ / 0-)

    If the Dems can make it stick that Bains was a job killer, and get Romney all twisted up in the lies he has to tell, Obama will win.  If Romney convinces an ignorant and uninformed voting public that Bains actually created jobs, Obama will lose.

  •  OK, So Now the Tenants Have Been Heard From nt (4+ / 0-)

    We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

    by Gooserock on Wed Jan 11, 2012 at 05:55:09 AM PST

  •  Surprised that income inequality is so low on (3+ / 0-)
    Recommended by:
    MartyM, Matt Z, Brooke In Seattle

    the list.

  •  Obama will have 32 months of job creation (5+ / 0-)

    under his belt by November 2012.

    Romney will still have nothin'.

    Critical Thinking: The Other National Deficit.

    by cultjake on Wed Jan 11, 2012 at 06:13:40 AM PST

  •  Meanwhile (4+ / 0-)

    At the White House today

    January 11, 2012 12:15 PM EST

    President Obama Speaks on Insourcing American Jobs

    January 11, 2012 1:00 PM EST

    Insourcing American Jobs Forum

    While the 'job creators':

    Oh Look we found another offshore stock of cheap labor, once out of reach, for the corporations to move jobs to, not getting the products any cheaper when bought here and produced here, Cheers from the hoarders can still be heard!!

    Gates, U.S. corporate captains to visit Myanmar

    Oh and we shouldn't forget No Regulations as to products and Especially on that cheap labor not yet fully implemented here!!

    CCR:"If you're a torturer, be careful in your travel plans. It's a slow process for accountability, but we keep going."

    by jimstaro on Wed Jan 11, 2012 at 06:15:52 AM PST

  •  When is Gallup going to start to ask about (3+ / 0-)
    Recommended by:
    dss, tuma, Larsstephens

    dissatisfaction with huge multinational corporations and their 1% owners and directors?

    Killing jobs is what Mitt does. It's who he is. 'Jobkiller' should be on his business card.

    by thenekkidtruth on Wed Jan 11, 2012 at 06:18:12 AM PST

  •  Newt is on MSNBC, and he is not backing down on (6+ / 0-)

    the Bain  attack

    "Rick Perry talks a lot and he's not very bright. And that's a combination I like in Republicans." --- James Carville

    by LaurenMonica on Wed Jan 11, 2012 at 06:21:17 AM PST

  •  The Republican tag team has been quite successful (1+ / 0-)
    Recommended by:
    tuma

    Congressional Republicans vote "No!" or filibuster ALL legislation to improve the economy, even voting FOR the U.S. to default! - which led to the downgrade - that Romney and other liars falsely attribute to Pres. Obama.

    Although the economy is improving s-l-o-w-l-y, Congressional Republicans thwarting economic recovery allows ALL Republican candidates to run on
    a "bad economy" - while prescribing the SAME dysfunctional GOP policies that got us into this economic mess!

    Republicans have the 1% vote locked up.

    by MartyM on Wed Jan 11, 2012 at 06:21:36 AM PST

  •  It seems like (0+ / 0-)

    I've heard someone at sometime say something about this, something like "it's the economy, stupid!"

    Seems like such a distant memory...

    Arrrr, the laws of science be a harsh mistress. -Bender B. Rodriguez

    by democracy inaction on Wed Jan 11, 2012 at 06:21:37 AM PST

  •  Oh, Yes ... SO out of touch. (0+ / 0-)

    Although private equity firms, venture capitalism and management consulting are all honorable, what they do is a lot like running for office and using talking points: get past the focus-group tested few-word summaries and into the details, and the things start looking more like what they really are. Which can be ugly to behold.

    I was in the corporate world for all of my working life. Much good that comes from tough business decisions about "right-sizing" and having to accept "haircuts" is, in the event, painful when you get closer to it.

    Sorry, Republicans and especially you, Mitt. But your business acumen, experience, success - the very essence of what capitalism and entrepreneurship requires - is at issue before the public because you put it there. Business in this economy will look ugly, even when it gets good results, like the restructuring and rescue of GM. (Which, if I recall correctly, a lot of GOP senators opposed.)

    Obama and strong Democratic majorities in 2012!

    by TRPChicago on Wed Jan 11, 2012 at 06:33:14 AM PST

  •  Top 3 could be expressed as 1: (4+ / 0-)

    I'm really pissed off at the government for screwing up the/not doing something about the screwed up economy that has thrown so many people out of work and not let them back in.

    An aside:

    I did a presentation at a technical group last night.  Very disheartening to talk to people -- people with skills and knowledge -- and find so many, especially older and more experienced types, out of work.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Wed Jan 11, 2012 at 06:33:44 AM PST

  •  the GOP has finally gone the full monty (2+ / 0-)
    Recommended by:
    Matt Z, red moon dog

    in their representation of the 1%

    they are actually going to Nominate GORDON GEKKO as their candidate for President

    "Orwell was an optimist"

    by KnotIookin on Wed Jan 11, 2012 at 06:58:20 AM PST

  •  The environment didn't even make the cut? (1+ / 0-)
    Recommended by:
    mortje

    Unbelievable.  Big hint folks, if our ecosystems go under none of these other problems are anything we ever have to worry about anymore.  [Was this poll a fill in the blank or were all these actual choices?]

    •  open ended (0+ / 0-)

      and it isn't a major concern (right or wrong) for most people, at least, not an immediate concern.

      Put differently, the 2012 election isn't about the environment, it's about the economy.

      "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

      by Greg Dworkin on Wed Jan 11, 2012 at 07:22:07 AM PST

      [ Parent ]

  •  Poor question anyway (0+ / 0-)

    To do rankings correctly, people would need to rank the list from #1 priority to #13.  Or, identify the top three priorities.  Picking a number one is a method guaranteed to hike to the top whatever is the cause of the moment.

  •  it's the economy, stupid (0+ / 0-)

    I refuse to believe corporations are people until Texas executes one

    by k8dd8d on Wed Jan 11, 2012 at 08:03:27 AM PST

  •  It's understandable when people are hurting (0+ / 0-)

    to put the economy first, but looking at the long run, it's a total disaster that there is no consciousness about what
    climate change can do to the planet and what the growing gap between rich and poor will do to our social order.

    Those are the two things that will ultimately bite us all on the ass, but according to that poll, nobody goddamn cares.

    "...be still, and cry not aloud; for it is an unholy thing to boast over slain men." Odysseus, in Homer's Odyssey

    by Wildthumb on Wed Jan 11, 2012 at 08:48:10 AM PST

    •  so.... (1+ / 0-)
      Recommended by:
      Larsstephens

      fix the short term and pivot to the long term.

      "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

      by Greg Dworkin on Wed Jan 11, 2012 at 09:56:56 AM PST

      [ Parent ]

      •  Great. Will do personally. (0+ / 0-)

        In the meantime, the government, corporations, and citizens
        will stay with the short term and never pivot to the long term. That's the way this electorate, the government and politicians, and capitalism seem to operate in this country.

        Who can't notice this?

        "...be still, and cry not aloud; for it is an unholy thing to boast over slain men." Odysseus, in Homer's Odyssey

        by Wildthumb on Wed Jan 11, 2012 at 03:48:05 PM PST

        [ Parent ]

        •  sounds too much like (0+ / 0-)

          'both parties are the same' when in fact they aren't. The truth is that something you feel passionately about might not strike chords with other folk.

          So what do you do?

          Find a better champion. Be more patient. It usually takes a combo of both.

          But while you're at it, don't vote for nader and deny al gore.

          Just sayin' ;-P

          "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

          by Greg Dworkin on Wed Jan 11, 2012 at 04:18:51 PM PST

          [ Parent ]

          •  Tell you what, pal. You don't know me. (1+ / 0-)
            Recommended by:
            DemFromCT

            I would vote for Gore and never vote for Nader. That's a whole other direction for the conversation.

            Perhaps I should spell it out:

            The status quo will usually will out, till there is a massive
            crisis, either environmental or social/economic. Till then,
            the majority of the country and the leadership simply won't
            "pivot to the long term." And that's the way it works, not
            me. In the meantime, thanks for the feedback.

            "...be still, and cry not aloud; for it is an unholy thing to boast over slain men." Odysseus, in Homer's Odyssey

            by Wildthumb on Wed Jan 11, 2012 at 04:32:11 PM PST

            [ Parent ]

            •  some things don't change that quickly (1+ / 0-)
              Recommended by:
              Wildthumb

              no matter what you do. Been at this since Vietnam.

              And no, I don't know you. But I do know when you hit your head against the wall, it's not likely the wall that gets sore.

              "Politics is the art of looking for trouble, finding it everywhere, diagnosing it incorrectly and applying the wrong remedies." - Groucho Marx

              by Greg Dworkin on Wed Jan 11, 2012 at 07:37:21 PM PST

              [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site