59% View Money-Losing Auto Bailouts As a Failure
Thursday, April 26, 2012
Many Americans view the bailouts of General Motors and Chrysler more favorably these days, believing incorrectly that the government made money or broke even on them. But the view grows a lot more negative when the actual price tag is attached.
A new Rasmussen Reports national telephone survey finds that 20% of American Adults now believe the government made money on the billions in taxpayer dollars given to the two automakers to keep them afloat, while 19% more say the government broke even. However, a plurality (46%) recognizes that the government lost money on the auto bailouts. Fifteen percent (15%) are not sure. (To see survey question wording, click here .)
This survey of 1,000 Adults nationwide was conducted on April 23-24, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC . See methodology .