John Zogby today in the WSJ discussed social security reform in terms of what he and his firm sees as the most important political demographic: The Investor Class. Zogby says,
"...Do you consider yourself to be a member of the investor class?"--is a far greater determinant of how they will vote and how they see their world than income, religion, race, marital status, or size of individual portfolio."
Here are his results:
" Investors Noninvestors
Bush Kerry Bush Kerry
All voters 61% 39% 42% 57%
Union members 57% 42% 36% 63%
18-29 years old 52% 47% 30% 67%
Women 55% 45% 37% 63%
Hispanics 60% 37% 43% 56%
$50-75K income 64% 36% 45% 55%
Single 45% 53% 25% 73%"
And Zogby's conclusion: "To the president and Republicans: You may lose the battle over Social Security personal accounts, but ultimately you may very well win the war over party realignment. To the Democrats: Just saying no is not a policy and demographics are not destiny. Ignore the "ownership society" at your own peril."
Important material (and with an easier to read chart), the article is here.
Tuesday, March 15, 2005
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