Record Numbers Say Big Government Greatest Threat

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By Douglas A. McIntyre Published
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Perhaps roadblocks set in front of key legislation, growing budget deficits, anxiety about the national debt, spying on citizens and an overall lack of direction have turned Americans against Congress in record numbers, as well as sinking President Obama’s approval ratings. That dissatisfaction has spread so broadly that, according to Gallup, “big government” is a greater threat to the future of the United States than labor or business are. According to a new Gallup poll on threats to the nation:

Seventy-two percent of Americans say big government is a greater threat to the U.S. in the future than is big business or big labor, a record high in the nearly 50-year history of this question. The prior high for big government was 65% in 1999 and 2000. Big government has always topped big business and big labor, including in the initial asking in 1965, but just 35% named it at that time.

The fall of union power that began decades ago is reflected in the data. In 1965, 29% of Americans listed “big labor” as the single greatest threat to the future of the United States. That number has fallen to 5%.

Gallup also points out that the drop in huge corporate scandals and the roles that financial firms played in the Great Recession currently take a less prominent role in how Americans see institutional risks to the country’s future.

What do the data mean? According to Gallup:

Americans have consistently viewed big government as a greater threat to the United States than either big business or big labor, but never more than they do now. That may be partly a reaction to an administration that favors the use of government to solve problems. Also, the revelation of widespread government monitoring of U.S. Internet activity may be a factor in raising Americans’ concern about the government. The threat of big business may seem diminished now, during a relatively calm period for big business, with rising stock values and relatively few major corporate scandals such as occurred in the early 2000s. Also, the labor movement is far less influential in U.S. policy today than in the past, including in 1965, when Gallup first asked the question.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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