New Jersey Residents Pessimistic About The Future

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STATE – Two-thirds of New Jersey residents are not confident that life for their children’s generation will be better than it has been for them, according to the results of a new poll by Fairleigh Dickinson University’s PublicMind™.

Just 24 percent believe that their children would have it better, a seven percent decline from a survey last year. Those under 30 were split, with 51 percent optimistic and 47 percent pessimistic. Other age groups were all solidly pessimistic.

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“The promise of America has always been that we would leave the next generation stronger, wealthier, and better educated,” said Peter Woolley, director of the poll. “That is why immigrants from around the globe still come. It’s a sad day if we lose that confidence in our ability to improve ourselves and our children’s lives.”

These results represent a contrast to another recent study, which showed that 46 percent of New Jersey residents believe that their financial well-being will improve within the next 12 months and 54 percent believe business conditions would improve over the next year.

The telephone survey of 809 randomly selected adults throughout New Jersey who participate in their household’s financial decisions is sponsored by the Silberman College of Business at Fairleigh Dickinson University. It was conducted by PublicMind from Jan. 3 through Jan. 9 and has a margin of error of +/- 3.5% percentage points.


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