June 12, 2012

Most Americans Say Wall Street Only Cares About Making Money for Itself

72%

About seven-in-ten Americans (72%) agree that Wall Street only cares about making money for itself.

Positive opinions about Wall Street have slipped modestly since 2009, according to the Pew Research Center’s recently released 2012 American Values Survey. A majority (58%) agrees that “Wall Street makes an important contribution to the American economy,” down from 63% three years ago.

But a larger majority (72%) agrees with the statement: “Wall Street only cares about making money for itself.” In 2009, 67% expressed this view.

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 less likely than Democrats or independents to say that Wall Street only cares about making money for itself. But sizable majorities across partisan groups express this view: 66% of Republicans, 78% of Democrats and 74% of independents. Read More