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The Democratic Strategist

Political Strategy for a Permanent Democratic Majority

AP/NORC Poll: Dems Favor Tougher Regulation, Reducing Economic Inequality

“A large majority of Democrats call income inequality a very important issue, and half of them think regulation of financial markets after the 2008 financial crisis did not go far enough, according to a new poll suggesting that many in the party are receptive to economic issues championed by Bernie Sanders in his bid for the White House,” reports the Associated Press. The poll, which was conducted Jan. 14-17 by the A.P. and the NORC Center for Public Affairs Research, has a 3.6 margin of error.
Further, adds the AP, more than three-quarters of Democratic poll respondents agree that “reducing the gap between rich and poor is a very or extremely important issue for the next president to address.” Also 8 in 10 Democrats and 3 in 10 Republicans, believe that “it’s the government’s responsibility to reduce those income differences. Overall, 56 percent of Americans say so, while 42 percent think it’s not.”
With respect to the minimum wage, the poll found more agreement with Hillary Clinton’s support of a $12 hourly minimum wage than the $15 standard favored by Sen. Sanders:

Among all Americans, slightly over half favor increasing the minimum wage to $12 an hour from the current $7.25, while just a third support increasing it to $15 an hour. Even Democrats are much more likely to favor a minimum wage increase to $12 an hour (68 percent) than to $15 an hour (49 percent).

When it comes to regulating financial markets, the poll found that 42 percent of all those surveyed and half of Democrats Americans believe that regulations put in place in the wake of the 2008 financial meltdown “did not go far enough,” while 31 percent of all the respondents felt they were “about right,” with 25 percent saying “they went too far.” Only a third of Republicans surveyed felt that financial regulations put in place did not go for enough.
For more in-depth findings of the poll, read here.

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