What women want

OCT 28, 2012
By  Sue Asci
Regardless of the results of the presidential election next week, voters will be looking to their president to address and solve the country's key economic issues. For most young women, solutions include lowering taxes and cutting federal spending. According to a survey by Generation Opportunity, a nonprofit organization that engages young Americans on important economic matters, 77% of women 18 to 29 would decrease federal spending. Sixty-one percent of the group said that the economy grows best when individuals can create businesses without government interference. In addition, fully 68% said that lowering taxes on business earnings would encourage businesses to hire more. Overall, 69% said they think that lower taxes would lead to faster economic growth. Generation Opportunity conducted the online survey July 27-30 among 1,003 adults; 49% of the respondents were women. “I think it's insulting to women to be addressed as just caring about a narrow band of issues. Women care about the same issues as men,” said Amber Roseboom, executive vice president at Generation Opportunity. Although the Labor Department reported a 7.8% national unemployment rate last month, the rate for young women was 11.6%. “When you're in an environment with a very bad economy with historic levels of consistent unemployment, it's not surprising at all that women say they care most about good-quality jobs and the economy,” Ms. Roseboom said. Seventy-eight percent of the young women responding said that they plan to vote next week.

Latest News

What advisors need to know about SECURE 2.0’s impact on retirement income planning
What advisors need to know about SECURE 2.0’s impact on retirement income planning

Catch-up contributions, required minimum distributions, and 529 plans are just some of the areas the Biden-ratified legislation touches.

EToro to tokenize US stocks on Ethereum network for 24/7 trading
EToro to tokenize US stocks on Ethereum network for 24/7 trading

Following a similar move by Robinhood, the online investing platform said it will also offer 24/5 trading initially with a menu of 100 US-listed stocks and ETFs.

GTCR to acquire FMG Suite, expanding its wealth tech portfolio
GTCR to acquire FMG Suite, expanding its wealth tech portfolio

The private equity giant will support the advisor tech marketing firm in boosting its AI capabilities and scaling its enterprise relationships.

$29B Lido Advisors expands in Utah with Olympus Wealth Management
$29B Lido Advisors expands in Utah with Olympus Wealth Management

The privately backed RIA's newest partner firm brings $850 million in assets while giving it a new foothold in the Salt Lake City region.

Annuities hit new $223B high in H1 2025, LIMRA says
Annuities hit new $223B high in H1 2025, LIMRA says

The latest preliminary data show $117 billion in second-quarter sales, but hints of a slowdown are emerging.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.