Tuesday, May 31, 2011
Americans still look back unfavorably on the federal government bailout of the financial industry and think the billions in taxpayer money went to those who caused the financial meltdown.
The latest Rasmussen Reports national telephone survey of American Adults finds that 61% think it was a bad idea for the government to provide bailout funding for banks and other financial institutions. Twenty-four percent (24%) say the bailouts were a good idea. Another 15% are undecided. (To see survey question wording, click here.)
The number of adults who believe the bailouts were a bad idea is up only slightly from findings stretching back to April 2009, just a few months after they were approved.
The survey of 1,000 Adults was conducted on May 28-29, 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.Rasmussen subscribers can log in to read the rest of this article.
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