American View of Govenment Reaches All-Time Low

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By Douglas A. McIntyre Published
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No one would be shocked by research that shows Americans view the federal government negatively. What might be unexpected is just how much they do. The percentage of people who view the federal government positively has fallen to 17%, an all-time low. The percentage of those with negative views was 63%, a new Gallup poll reports.

New research also shows that “Americans view the computer industry the most positively and the federal government the least positively when asked to rate 25 business and industry sectors. All five of the top-rated sectors this year are related to either computers or food.”

Some of the results are to be expected, but a surprising number are not.

People have a poor view of the oil and gas industry. The Deepwater Horizon disaster was a part of that, certainly. The massive profits of big oil probably contributed as well, particularly with gasoline near $4. The real estate industry was also near the bottom of the 25 rated. Home prices and the bursting of the home price bubble made that rank predictable.

Those industries at the top of the list have had problems too, though. The computer industry had a positive rating of 72%, and internet was also high at 56%. The number of viruses spread across the internet and news about cyberattacks on big business seem to have had little effect. The issue of online privacy has also been on the public’s mind for many months, as more marketers use information taken online to market their goods and services. Perhaps the popularity of the Apple (NASDAQ: AAPL) iPad and the increased speed of broadband offset that.

The restaurant business had a positive rating of 61%. Food poisoning must have been ignored by patrons. The agriculture industry had a positive rating of 57%. The increases in food prices and all the concern about genetically engineered crops has had less of an effect than might appropriately be the case. Alternatively, food prices are more palatable that slick politicians who cannot agree on taxes or deficit reduction.

The only sector that seemed out of place was education. Its positive rating was only 35%. Its negative rating was 47%. Those numbers should be better in a nation with nearly universal public education. Maybe people think that education has been dumbed down. Or, perhaps, teachers are paid too much for results that are mediocre. There is something wrong when people view computer companies better than education.

Methodology: Results for this Gallup poll are based on telephone interviews conducted Aug. 11-14, 2011, with a random sample of 1,008 adults, aged 18 and older, living in the continental U.S. selected using random digit dial sampling.

Douglas A. McIntyre

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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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