Wednesday, February 29, 2012

Obama campaigns on bailing out Detroit, but 55% of Americans think it was a bad idea

The term bailout is still toxic.

Via National Journal:
A majority of Americans think the federal government should not have helped out U.S. automakers that were in financial trouble, but rather should have allowed them to go it alone, according to a new United Technologies/National Journal Congressional Connection Poll.
Thirty-six percent of Americans think the government should have provided help, but 55 percent think “these companies should have been allowed to succeed or fail on their own,” the poll shows. The results echo other surveys, including a May 2010 poll conducted by CBS News in which a third of respondents thought the government should have helped, while 61 percent thought they should not have.
Keep on reading…

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