Partisan Purse Strings
Since the November presidential election, many Agitator readers, Tom and I have pondered the possible effects of President Trump’s victory on fundraising and activism. Here and here among several posts.
Now we have some data from a CNBC Survey showing that U.S. consumerism has become so politically charged that Americans are showing their partisanship through their purses and wallets.
Of course, that’s not news if you’re on the receiving end at ACLU or Planned Parenthood. But here are some stats that go beyond a few organizations to include all parts of the U.S. demographic and political spectrum.
Here are the results from CNBC’s All-America Economic survey that polled 804 Americans across the country from April 3-6. (Margin of error +/- 3.5%)
- More of the financial activism has been anti-Trump, with 21% saying their actions were in opposition to the president, and 15% in support.
- 49% of Democrats say they’ve made decisions with their purse or wallets because of the election results. 28% of Republicans said the same. As did 34% of Independents.
- 26% of the respondents said they have made a political or charitable contribution because of the president, with the clear majority of these in opposition.
- And interestingly, more of that 26% were making charitable rather than political contributions.
- As millions flowed into groups like the ACLU following the immigration ban, millions more were used to express buying preferences at the mall.
- 21% of the public reported making a purchase decision because of the election, by either buying or boycotting brands or products. (Think Ivanka Trump’s high heels at Nordstroms.)
- However, those buying/boycotting decisions were equally split between those acting in support of or against the president.
- Demographically pro-Clinton, older and more wealthy Americans were the most active. Those in the Midwest and South with lower incomes less active.
You can see the CNBC video report here.
What — for good or ill — is your organization experiencing?
Roger
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