Rasmussen: Just 30% Think Government Should Bail Out The Markets

[Bradley in DC]

http://www.rasmussenreports.com/public_content/business/general_business/just_30_think_government_should_bail_out_the_marke ts


Just 30% Think Government Should Bail Out The Markets
Thursday, September 25, 2008

Only 30% of U.S. voters think the federal government should step in to rescue the country’s troubled financial markets, according to a new Rasmussen Reports national telephone survey.

A sizable majority (63%), in fact, are worried that the federal government will do too much to respond to the current woes. The survey was taken Wednesday night, even as President Bush was making a nationally televised address urging Congress to pass the $700-billion taxpayer-backed bailout plan proposed by his administration.

A week ago, just 49% were worried the government would do too much.

Just 25% now fear the federal government will not do enough. That figure is down from 36% last week.

Half of voters (50%) say it’s better for the government to let the companies that made financial mistakes go bankrupt (see crosstabs).

The findings echo a survey earlier this week that found voter opposition to the bailout plan was growing, even though voters still expected Congress to pass it.

Investor confidence, meanwhile, fell this morning to the lowest level ever recorded by the Rasmussen Investor Index. But even though the meltdown in the housing market is largely to blame for the present economic situation, 66% of voters still believe buying a home is the best investment most families can make.

Fifty-one percent (51%) of investors also think the government should let troubled companies go bankrupt versus 29% who support government intervention in the financial markets. Two-thirds of investors (66%) worry the government will do too much. . .

[JosephTheLibertarian]

Someone needs to bailout their feeble brains.

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The question is, how much of the 30% is comprised of the Shoddy Management and Welfare Recipients who will directly benefit from the Emergency Extravaganza?

[Andrew-Austin]

Thats about what Bush's approval rating was last I heard.

Edit: lol, nice how the first three people to comment jab at the thirty percent.

[cheapseats]

Thats about what Bush's approval rating was last I heard.

Edit: lol, nice how the first three people to comment jab at the thirty percent.

It would be a great service to the other 70% of America if the 30% would get it through their noggins that only the infamous One Percent will ever ultimately benefit from anything that George Bush does.

George Bush is a man of highly specialized interests, and he plays to them. George Bush has always and unambiguously played to the Have Mores. The One Percenters are George Bush's homies.

[cheapseats]

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When Vince Lombardi spoke of paying the price, I guaran-fucking-tee you he was not talking about coughing up A TRILLION DOLLAR RANSOM to pay a Piper who threatens otherwise to lead us into the river and drown us.

[Paulitician]

Anyone else think that is still too much? I remember seeing a 7% figure this week... it should be around there...