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Americans Optimistic About Innovation and Building, Skeptical of Government Role, Survey Finds

A Ronald Reagan Institute survey shows Americans are optimistic about innovation and want building to be easier, but are skeptical of government’s ability to solve problems.

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Market impact

A survey indicates strong public optimism in American innovation and a desire for streamlined building processes, alongside skepticism towards government efficacy.

Why it matters: The survey highlights public sentiment on innovation, infrastructure development, and trust in government, offering insights into consumer and voter priorities that could influence policy and market sentiment.

Key numbers

  • 65% optimistic about innovation
  • 81% of Republicans optimistic
  • 59% of Democrats optimistic
  • 57% of Independents optimistic
  • 50-point net positive for Gen Z on science/tech
  • 54% think building housing is too hard
  • 48% think building roads/highways is about right
  • 45% think building factories is about right

Watch next

  • Public sentiment on innovation
  • Perceived ease of construction
  • Trust in government solutions
  • Views on Reaganomics legacy
Construction Technology Energy Healthcare Americans Registered Voters Republicans Democrats

Americans express a notable optimism regarding the nation's capacity for innovation and a desire to streamline the building process within their communities. However, this optimism is tempered by a skepticism towards the government's effectiveness in resolving the country's challenges, according to a new survey.

The Ronald Reagan Institute's Reagan National Economic Survey, which was reviewed by FOX Business, revealed that 65% of registered voters hold a positive outlook on American-led innovation across sectors such as medicine, energy, and artificial intelligence (AI). This sentiment is shared across the political spectrum, with 81% of Republicans, 59% of Democrats, and 57% of Independents expressing optimism.

Dan Rothschild, director of the Center for Civics, Education, and Opportunity at the Reagan Institute, commented on these findings. "Americans are really optimistic about our future, which isn't something that you would get just by looking at the media and kind of day-to-day portrayals of where Americans are," Rothschild told FOX Business. He highlighted a particularly striking result concerning younger generations, noting, "Members of Gen Z in particular have a 50-point net positive rating on the ability of American science and technology to build a better future. For a generation that's widely described as being pessimistic, I thought that was a really stark finding."

Challenges in Building and Infrastructure

The survey also delved into the perceived ease or difficulty of construction within American communities. A significant finding is that Americans generally believe it is too difficult to build housing. Specifically, 54% of respondents indicated that building homes is too hard, compared to 36% who felt the difficulty level was about right, and 9% who considered it too easy.

When examining the construction of new roads and highways, the sentiment shifted slightly. The proportion of voters who found the building process to be about right (48%) narrowly exceeded those who deemed it too hard (44%). A smaller segment, 8%, believed it was too easy.

The pattern for constructing factories mirrored that of housing, with a slight majority finding the process either about right or too easy. The survey reported that 45% of respondents felt the ease of building factories was appropriate, while 43% considered it too difficult, and 11% thought it was too easy.

Rothschild expressed his surprise at the strong desire for construction, stating, "I was positively impressed by how much Americans want to build." He further elaborated, "The vast majority of Americans believe that it is either too hard to build one or more of those types of facilities or that it's just about right. Nobody believes, effectively, that we're building too much."

Views on Former President Reagan's Economic Policies

The Reagan National Economic Survey also solicited opinions on the economic policies enacted by former President Ronald Reagan. The findings indicate a plurality of Americans believe his policies were beneficial for the nation. According to the survey, 47% of respondents stated that Reagan's policies were good for America, while 31% held the view that they were not.

This question revealed a distinct partisan divide. Republicans overwhelmingly supported Reagan's economic legacy, with 78% viewing his policies as good for the country, contrasted by only 4% who disagreed. Independents showed a similar, though less pronounced, agreement, with 42% finding his policies beneficial and 32% disagreeing.

Democrats, however, largely held an opposing perspective. A majority of Democrats, 52%, stated that Reagan's policies were detrimental to America, while 24% believed they were good for the country.

Rothschild addressed the narrative that Reagan's economic projects were harmful, noting, "You've got a loud group, mostly online, saying that President Reagan's economic projects were bad for America, that we need to reject so-called 'zombie Reaganism.' We find basically no data that there's a group of Republicans and Republican-leaning voters that believe this."

Government's Role and Public Trust

The survey also gauged public agreement with former President Reagan's assertion that "government is not the solution to our problem; government is the problem." A substantial 81% of registered voters concurred that this statement holds true in the current context. This widespread agreement spanned across party lines, with 93% of Republicans, 82% of Independents, and 69% of Democrats affirming the statement.

Rothschild interpreted this strong consensus as a reflection of public sentiment. "It probably means different things to different respondents and different voters. But I take away from it that it's a vote of confidence in the American people, in American business, in American civic society – and not a vote of confidence in politicians to fix what's wrong with America," he concluded.