BySMARTMONEY.COM
Think you shouldn t have> to pay extra for green products? Or worried that times are too uncertain to purchase a home right now?
If so, you re not alone you re like a lot of your fellow SmartMoney readers. Thousands of you respond each week to our home-page Quick Poll. And your answers reveal a lot about how you re feeling right now. Despite all the stimulus talk in Washington this week, many readers describe their confidence level as low (though most aren t ready to blame the new president yet). One factor that could help turn home buying around, according to our survey: a better sense of job security (presumably providing a sense of assurance about being able to make those mortgage payments).
Here are some of the highlights of what you told us this week:
HOME BUYING Details here
THE ECONOMY: Amid a gloomy consumer-confidence report of historic proportions, we asked readers to tell us how their own confidence is holding up. In addition to selections like very confident and a little confident , we also offered the admittedly less scientific choice of eek! and fully 47% of you went with the eek option. (Details here.) On our message board, one reader who posted under the handle of siciliandragon, blames this pessimism on media hype , explaining: The media and the government are screaming that the sky is falling in order to convince us that we need more government spending. In reality, we need less government spending. (Here at SmartMoney we may be in the media industry, but that s OK, siciliandragon we don t take it personally.)
Regardless of the confidence crisis, when it comes to President Obama s performance on the economy so far, the majority of readers are either reasonably happy or willing to give him the benefit of the doubt (for now). Fully 41% said it s too soon to tell regarding his handling of the economy, while 12% called it excellent and another 12% labeled it good. (Details here
GREEN PRODUCTS: In the search for the U.S. s next big economic phenomenon, few industries have received as much buzz as green products and services. By becoming a leader in energy-efficient, environmentally friendly products, the thinking goes, the nation can develop new businesses to supplant or re-engergize waning industries (see: automotive manufacture).
Details here As message-board poster CandiLou wrote: From what I've seen so far however, "green" products do not put any more green in our wallets. The environmentalists are trying to change our economics by creating an artificial value where none (or little) exists.
Visit SmartMoney.com daily to participate in our Quick Poll and learn the results.
--Thomas E. Weber
Editor, SmartMoney.com>



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