Elite Traveler Magazine/Prince & Associates Election Survey Finds Super Rich Will Vote for Kerry; Merely Rich Will Vote with Their Wallet for Bush.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Elite Traveler --Pocketbook Concerns Won't Stop the Elite Affluent from Voting for Senator Kerry or Spending Money, Whereas the Upper Affluent will Vote with their Financial Interests and Cut Back on Luxury Spending if Kerry Wins The Elite Affluent (Net Worth of $10 million+) believe President George W. Bush will be better for their pocketbook, but will nevertheless vote for Senator John Kerry prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Elite Traveler magazine/Prince & Associates Election Survey, released today. The Upper Affluent (Net Worth of $1-10 million) will be voting with their wallets and will heavily cast their votes for President Bush, the research of 433 wealthy individuals conducted from September 25th to the 30th shows. Slightly more than 9 in 10 (90.7%) of the Elite Affluent, representing 22.4% of those surveyed, agreed with the statement, "Over the next two years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time candidate that will be better for their personal financial situation" is President Bush, yet they will be casting their ballots for Senator Kerry by a 58.8% to 41.2% margin. 84.5% of the Upper Affluent, representing the remaining 77.6% of the sample, said they believe President Bush's re-election will be better for their personal financial situation, and they will be voting that way by a 62.5% to 37.5% margin. None of the wealthy individuals surveyed were undecided or planned to vote for Ralph Nader Russ Alan Prince Alan Sanford Prince (born 1946) is a professor of linguistics at Rutgers University. Prince, along with Paul Smolensky, developed Optimality Theory. Optimality Theory was originally applied to phonology, but has been extended to other areas of linguistics such as syntax and , President of Prince & Associates, who conducted the research on behalf of Elite Traveler magazine explained the rationale for the results. "The findings clearly demonstrate that the Elite Affluent are so wealthy, other issues are more important to them in selecting their country's leader then their personal financial situations," Prince said. "At the same time, the majority of the Upper Affluent, who are rich but still have financial constraints CONSTRAINTS - A language for solving constraints using value inference. ["CONSTRAINTS: A Language for Expressing Almost-Hierarchical Descriptions", G.J. Sussman et al, Artif Intell 14(1):1-39 (Aug 1980)]. , are principally voting with their pocketbooks." Of 16 statements where the Elite Affluent respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. were asked "which candidate would do a better job?", Senator Kerry won 14, with one category a dead heat and one going overwhelmingly to President Bush. The Elite Affluent said they believe Senator Kerry will do a better job protecting the environment (88.7%), protecting the moral character of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. (57.7%), creating jobs (85.6%), handling the war in Afghanistan (55.7%), handling the war in Iraq (54.6%), educating children in the U.S. (78.4%), providing affordable health care in the U.S. (75.3%), dealing with corporate corruption (82.5%), negotiating with our international allies (81.4%), protecting the rights of individuals (67.0%), creating a long-term viable energy policy (57.7%), supporting technological advancement (68.0%) and shrinking the deficit (70.1%). The Elite Affluent were split on who would do a better job improving the U.S. economy and protecting the U.S. from terrorists. Bush's only win with the Elite Affluent was that 89.7% said that his re-election would benefit the wealthy compared to Senator Kerry. Amongst the Upper Affluent, seven of the categories went to Senator Kerry, six went to President Bush and three were a dead-heat. The Upper Affluent said they believe Senator Kerry will do a better job protecting the environment (78.9%), creating jobs (57.4%), educating the children in the U.S. (59.2%), providing affordable health care (55.7%), dealing with corporate corruption (73.8%), negotiating with our international allies (58.0%) and shrinking the deficit (56.0%). The Upper Affluent divided equally on who would do a better job handling the war in Iraq, protecting our individual rights and supporting technological advancement. The Upper Affluent believe President Bush will do a better job improving the U.S. economy (71.7%), protecting the moral character of the U.S. (58.3%), handling the war in Afghanistan (53.9%), benefiting the wealthy (86.6%), protecting the U.S. from terrorist attacks (56.3%), creating a long term viable energy policy (54.5%). In terms of spending on luxury goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , the Elite Affluent say their spending will remain unaffected no matter who wins the election: 93% say the will spend the same or more on luxury items next year regardless of who wins. The Upper Affluent will be far more skittish skit·tish adj. 1. Moving quickly and lightly; lively. 2. Restlessly active or nervous; restive. 3. Undependably variable; mercurial or fickle. 4. Shy; bashful. with their wallets should Senator Kerry win: 42.5% say they would spend less on luxury goods and services should he win compared with 13.7% should President Bush remain in office. "Clearly, the Elite Affluent will continue to be making major luxury goods and services purchases regardless of who wins, whereas a win by Senator Kerry will be of great concern to a significant portion of the Upper Affluent who are already concerned about their own financial situations," Mr. Prince stated. "As we have seen in past research, purchasing of luxury items by the Elite Affluent is not meaningfully impacted by many outside factors including their concern over the economy whereas the less but still wealthy Upper Affluent cut back fairly quickly when they are concerned about their future personal financial situation." For a complete copy of the Elite Traveler/Prince & Associates Election Survey, please contact James Henderson James Henderson may refer to:
About Elite Traveler: Elite Traveler is a bi-monthly luxury travel and lifestyle magazine published exclusively for the International community of Elite Affluent consumers. Launched in 2001, each issue of Elite Traveler explores subjects that embody em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: the essence of luxury--the best in travel, fashion and jewelry jewelry, personal adornments worn for ornament or utility, to show rank or wealth, or to follow superstitious custom or fashion. The most universal forms of jewelry are the necklace, bracelet, ring, pin, and earring. , automotive, private jets and yachts. Elite Traveler is distributed exclusively through private jets, mega yachts, premier country clubs, first-class lounges, luxury spas, professional sports The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. locker rooms and its subscriber-base. For more information, visit www.elite-traveler.com. About Russ Prince & Associates: Russ Alan Prince, President of the market research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a Prince & Associates Inc., is a leading authority on the private wealth industry. Mr. Prince consults to high-net-worth families on accessing various family office and wealth management services. He also works with financial and legal experts who provide cutting-edge strategies and concepts to families with exceptional wealth. Mr. Prince is a columnist with various publications and has authored over 25 books on financial strategies for the wealthy. |
|
||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion