Newstalk / Red C poll reveals that more than half of all adults feel they have not felt the benefit of the recovery.

The latest in a series of Newstalk/Red C polls ahead of this month’s general election has found that 56% of adults have not felt the effects of the economic recovery personally while just 44% agree that the upturn has benefited them.  Almost 4 in 5 respondents believe that the recovery is on a two tier basis, being felt more by some and not others.  However, more optimistically the majority of the population (61%) believe that economic growth is here to stay for the next 5 years at least.

 

From a budget point of view 36% feel that the Government should focus expenditure on public services while 20% feel the focus should be on reducing the national debt.  33% of respondents are of the opinion that the Universal Social Charge should be abolished with only 10% believing that the focus should be on further tax cuts.

 When it comes to attitudes towards tax the vast majority of the Irish public (94%) believe that businesses setting up or creating jobs in rural Ireland should be incentivised, while 83% believe that tax relief on childcare costs should be introduced in Ireland.  On central bank mortgage rules, 77% feel that these regulations need to be reviewed to make it easier to get on the property ladder or trade up.  Fewer (36%) however, are in agreement with the idea that returning emigrants should receive a preferential tax rate.

Commenting on the research Richard Colwell, CEO Red C Research says ‘while the government keeps extolling the need to “keep the recovery going”,  the reality is that well over half of the population still feel that they haven’t actually felt the impact of any recovery personally.   It is no surprise then that most adults believe that any economic recovery has been on a two tier bases.    This may help explain why public attitudes as to where the government should focus from a budgetary point of view are quite polarised between tax cuts and expenditure on public service and the national debt.’

Speaking about the findings Newstalk’s Political Editor Shane Coleman says ‘while the poll does show cautious optimism about the continuance of economic growth, it’s clear that a big majority of people feel the recovery has been two-tier in nature, with many of them believing they haven’t benefited from it personally. It explains why the Government’s ‘stability v chaos’ and ‘keep the recovery going’ messages are struggling to gain traction with voters.’

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Notes:

 Sample Size and Mode of Field Work:-

 A national representative sample survey of 1008 adults 18+ was conducted by Red C on behalf of Newstalk 106-108fm.  The field work was took place between 8-11 February 2016.   A random digit dial (RDD) method of mobile and landline numbers was utilised in order to ensure a random selection of households to be included-this ensures all adults were eligible for selection including mobile only households and ex directory households.  Interviews were conducted across the country and the results weighted to the profile of all adults.