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SHOCKED! Pew Research Center Says Americans’ Views of Wall Street Less Positive

Positive views of Wall Street have slipped, though only modestly, since the advent of Occupy Wall Street and an increased focus on economic inequality. Currently, 58% agree that “Wall Street makes an important contribution to the American economy,” down from 63% in 2009.

A larger majority (72%) agrees that “Wall Street only cares about making money for itself.” Three years ago, 67% expressed this view.

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Large majorities of college graduates (66%) and those with family incomes of $100,000 or more (70%) say that Wall Street makes an important contribution to the economy. About half of those with a high school education or less and those with incomes of less than $30,000 agree (50%, 52%, respectively).

Nearly seven-in-ten Republicans (69%) say that Wall Street contributes significantly to the economy, compared with 57% of independents and 53% of Democrats. Republicans are also less likely than Democrats or independents to say that Wall Street only cares about making money for itself. But sizable majorities across partisan groups – as well as education and income categories – express this view.

via Section 5: Values About Business, Wall Street and Labor | Pew Research Center for the People and the Press.

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