Finally, something that polarized Americans can agree on.
Ask people what economic issues will be important for the next president, and Democrats, Republicans and independents alike all put a high priority on protecting Social Security and reducing unemployment.
Beyond that, though, their lists of top economic concerns for the next president are more fractured, according to a poll conducted by The Associated Press-NORC Center for Public Affairs Research.
Democrats attach far more importance than do Republicans to narrowing the gap between rich and poor, reducing poverty and increasing wages to keep up with the cost of living.
Republicans, in turn, place more far importance than do Democrats on shrinking the federal deficit, reducing government regulation and reforming welfare.
So while Americans of all stripes consistently put the economy at or near the top of their lists of most important issues, they may have very different concerns in mind when they do so.
The AP-NORC poll found 85 percent of Americans think protecting the future of Social Security is extremely or very important for the next president, and 81 percent said the same for reducing unemployment.
There’s a valid reason for their concerns about Social Security: The retirement and disability program has enough money to pay full benefits until 2034, after which it will only have enough money to pay about 75 percent of benefits. Over the next 75 years, Social Security is projected to pay out $159 trillion more in benefits than it will collect in taxes, according to agency data.
The employment outlook is considerably brighter right now: The economy created 151,000 jobs in January, pushing the unemployment rate down to an eight-year low of 4.9 percent.
Looking at the poll results by party, Republicans were most likely to single out reducing the federal deficit as an item that is extremely important or very important for the next president, with 86 percent highlighting that concern. The red ink outlook: President Barack Obama’s latest budget proposal sees the deficit rising from $438 billion last year to more than $500 billion for the 2017 budget year that starts Oct. 1. Deficits over the coming decade would total $6 trillion.
Among Democrats, meanwhile, protecting Social Security was a top concern for 89 percent, reducing poverty was highlighted by 86 percent, and reducing unemployment was singled out by 84 percent.
The poverty rate held steady in 2013 and 2014 at 14.8 percent. It had dropped from 15 percent in 2012, the first such drop since 2006.
The AP-NORC Poll of 1,008 adults was conducted Jan. 14-17 using a sample drawn from NORC’s probability-based AmeriSpeak panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 3.6 percentage points.
Respondents were first selected randomly using address-based sampling methods, and interviewed later online or by phone.