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.
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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