U.S. citizens didn’t lose hope during economic crisis, Vanderbilt survey findsby Jim Patterson Jul. 27, 2010, 10:02 AM
Successfully dealing with economy strengthens social fabric
People in the United States are more optimistic and resilient in hard times than is commonly believed, a new survey from Vanderbilt University indicates.
“While conditions of crisis might threaten a country’s social fabric by increasing distrust, it is also possible that individual and collective efforts to resolve the crisis could stave off precipitous drops in social capital,” write Daniel Zizumbo-Colunga, Elizabeth J. Zechmeister and Mitchell A. Seligson in the report.
The “Social Capital and Economic Crisis in the United States” study looked at data taken from AmericasBarometer surveys in the United States from 2006 to 2010, during which an economic crisis that began at the end of 2007 worsened in 2008 and is now recognized as one of the worst financial crises in the history of the nation.
AmericasBarometer surveys are conducted every two years by the Latin American Public Opinion Project, a consortium of universities and research institutes that track attitudes about democracy in the Americas. Initially focused on public opinion in Latin America, the AmericasBarometer surveys, conducted every two years, have expanded so that in 2010 they include 26 nations in Central America, the Caribbean, South America and North America. As the surveys are completed, research teams write extended analyses of the data and present them to policymakers, citizen groups, scholars and students.
The sample size for the AmericasBarometer U.S. national survey was 609 in 2006 and 1,500 in both 2008 and 2010. Over this period, adults were surveyed about their involvement in six categories of what the researchers dubbed “social capital”: interpersonal trust, attendance to religious meetings, attendance to school meetings, attendance to community meetings, attendance to meetings of professionals and attendance to political meetings.
While there were drops in all of the categories from 2006 to the worst of the economic crisis in 2008, the decreases were less than researchers expected given the gravity of the economic crisis during that time. And by 2010, there were already signs of significant rebound on all fronts.
“Our study shows that rather than only considering the ways in which an economic crisis might negatively affect social capital, social scientists and policy makers should also consider the ways in which existing stocks of social capital might help individuals to cope with a severe crisis and how this process might over time even help replenish the country’s social capital reserves,” the report concludes.