Saturday, October 23, 2010
Men and Women Split on Obama, Tea Party, Economy
The old saying is that men are from Mars and women are from Venus.
Politically, female respondents were gentler on the Obama administration and more critical of Republican responses to the White House.
And the two genders are definitely split on the issue of regulation. Among the men surveyed, 56 percent think business is over-regulated. That's compared to just 41 percent of women.
The contrast is even greater when the issue of the political Tea Party is discussed. A major component of the Tea Party platform is reducing the size, scope and power of the federal government.
According to the survey, 38 percent of men support the Tea Party's economic policies, while the number was 25 percent for women. It should be noted, however, that 41 percent of respondents did not register an opinion on the Tea Party.
It's not surprising, based on the previous data, that more women than men are in favor of allowing tax cuts to expire for the wealthiest 2 percent of Americans. In fact, nearly half of all women in the survey supported the expiration of tax cuts from households making more than $250,000 a year.
Finally, when it comes to investing, perhaps it's not that men are from Mars and women from Venus. It's more like men are from the bull market camp, while women have a closer affinity to the bears.
Of all the women surveyed, 57 percent think it's a "bad" time to invest—much higher than the guys. When the question was put the other way, only 30 percent of women consider it a "good" time to put some money to work.
And when asked whether they would use a pay raise to invest in the markets, nearly twice as many men said they'd be inclined to get more involved in the markets as women.
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