Press Release

Americans Believe in Hard Work, But Losing Faith in the Future

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Americans Believe in Hard Work, But Losing Faith in the Future


(Washington, D.C.) A new survey by Pew Research shows that the United States ranks near the top of nations based on people’s belief that they control their success in life. When residents of 44 countries were asked whether hard work and education were important to get ahead, 73 percent of Americans said hard work is very important – putting the U.S. in second place among all nations. 62 percent said the same of education – greater than the median. Unfortunately, 65 percent of Americans say the next generation will be worse off financially than their parents – worse than all but 5 other nations surveyed. And as government intervention in the private sector has increased, support for the free market may be waning. While 70 percent of Americans support the free market, 14 other countries scored higher – including China, Vietnam, India, Malaysia, Kenya, Germany and South Korea.
 
Daniel Garza, Executive Director of The LIBRE Initiative released the following statement:
 
“The promise of America – the promise that has attracted millions of immigrants for hundreds of years – is that with hard work and discipline, anyone can succeed here. People of all races and creeds have come and built their own American Dream. And each generation has passed on to the next a country in better shape, and better prepared to succeed. Now people see that promise in jeopardy.
 
Rising taxes, mounting debt, and excess regulation are a bigger and bigger drag on the economy. They are damaging the dynamic private sector America has always known. While states like Texas and North Dakota embrace a different path – and are doing better – the nation as a whole is losing faith - losing faith that America’s private sector is as powerful today as it once was. Washington needs to recognize that this is a serious and growing problem and that it will take a change in course to fix it. We must get government out of the way, so hard–working Americans can succeed again.”
 
For interviews with a LIBRE representative, please contact: Brian Faughnan, 703-678-4581 or Steven Cruz, 202-578-6173