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Only 27% Have Positive View of Government Bailouts

Monday, March 14, 2011

While the economy keeps stumbling along, voters continue to express little confidence in government as the solution.

Just 27% of Likely U.S. Voters now think the government bailouts of banks, auto companies and insurance companies were good for the United States. A new Rasmussen Reports national telephone survey finds that 57% regard the bailouts as bad for the country, identical to findings last month. Sixteen percent (16%) are not sure. (To see survey question wording, click here.) 

The latest numbers are consistent with findings since the first bailout was under discussion in September 2008. Since then, voters have consistently opposed the bailouts for both the financial sector and the auto industry. 

Forty-seven percent (47%) of voters, in fact, still worry that the federal government will do too much in reacting to the nation’s current economic problems. Thirty-nine percent (39%) fear that the government will not do enough. Fourteen percent (14%) are not sure. These findings are in line with voter sentiments since November 2008 just after President Obama’s election and the Wall Street meltdown.

Two-out-of-three Democrats (66%) fear the government will not do enough in reacting to the country’s current economic troubles. Sixty-nine percent (69%) of Republicans and 52% of voters not affiliated with either major party have the opposite concern, that the government will try to do too much.

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The survey of 1,000 Likely Voters was conducted on March 10-11, 2011 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.


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