Citizen CEO Presents Latest Data on Financial Security and Democracy at Urban Institute Webinar

October 31, 2024

During a period of growing political unrest and social upheaval, Americans’ faith in democracy is being tested like never before. New research from the Urban Institute and Citizen Data reveals a strong correlation between financial well-being and civic activities, such as voting, volunteering, and donating to political parties. The research also shows that financially secure people are more likely to be satisfied with democracy, more likely to trust election results, and more open to reducing social divisions than those who are struggling financially. Collectively, these findings suggest that people with greater financial well-being have more political power, which undermines our nation’s commitment to representative democracy. But the findings also suggest that investing in financial well-being may strengthen our country’s civic institutions and democratic norms.