Americans Question Motown’s Chances for Recovery
Even as Detroiters vote on a bankruptcy plan that would make major cuts in retired public employee benefits, voters nationwide aren’t overly optimistic about the Motor City’s chances of recovery. There’s less concern, though, that other cities will follow Detroit into bankruptcy.
A new Rasmussen Reports national telephone survey finds that only 37% of American Adults think it is at least somewhat likely that Detroit will emerge from bankruptcy in the next five to 10 years and be a financially stable, well-run city. Forty-six percent (46%) consider that unlikely. This includes just seven percent (7%) who believe it’s Very Likely that Detroit will be back on its feet in the short term and 12% who say it’s Not At All Likely. Sixteen percent (16%) are not sure. (To see survey question wording, click here.)
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The national survey of 1,000 Adults was conducted on July 10-11, 2014 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. Seemethodology.