HOUSTON – More Houstonians are demanding government intervention to solve their economic problems than ever before, according to a study.
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A recent study conducted by Rice University’s Kinder Institute for Urban Research found that 81% of Houston residents agreed that the government should help reduce economic inequality.
Meanwhile, 88% agreed that the government should help Houstonians land jobs.
The overall pressure for government action among Houstonians has steadily increased in the last 15 years.
When Houston residents were asked how they felt about the government dipping into economic affairs in 2010, they appeared to want a more laissez-faire approach.
Only 48% agreed that the government should reduce economic inequality between the rich and poor, while just 65% supported the idea of the government assisting them with finding jobs.
Data also revealed that 1 in 3 residents making less than $100,000 a year don’t have money for unexpected expenses.
READ: Study: 1 in 3 Houston-area residents making under $100K don’t have $400 for unexpected expenses
The study suggests that there’s a financial crisis in Houston, noting that the significant wealth gap can lead to poor health, prevent people from buying homes, and impact educational performance.