Comments Subscribe to Personal Liberty News Feed Subscribe to Personal Liberty
 

Poll: Americans oppose auto bailout

November 26, 2008 by  

Most Americans do not support a lifeline to Detroit carmakersThe majority of Americans believe that automakers do not deserve to receive government funds, according to the results of a new survey.

Los Angeles Business’ most recent Business Pulse survey reveals that nearly three-quarters (72 percent) of respondents are not in favor of a rescue package to help the auto industry.

Meanwhile, 22 percent said they would support such a measure and 6 percent were undecided.

Comments left by readers of the website further reveal that many people feel fed up with Washington’s approach to solving the country’s economic woes.

One reader claimed that the government refuses to take a complex view of the economy, instead opting for simple solutions.

Someone else expressed frustration with the number of groups who seem to be stepping forward to request federal money.

And another respondent suggested that "the only serious cure for what’s wrong with the U.S. auto industry includes restructuring the legacy of debt, pensions and overpriced (by world market standards) labor agreements."

Carmakers’ request for $25 billion has also been met with skepticism by Congressional lawmakers, who said that industry leaders would need to submit a viable plan for the future before they receive a lifeline.
ADNFCR-1961-ID-18898170-ADNFCR

Personal Liberty News Desk

Facebook Conversations

Join the Discussion:
View Comments to “Poll: Americans oppose auto bailout”

Comment Policy: We encourage an open discussion with a wide range of viewpoints, even extreme ones, but we will not tolerate racism, profanity or slanderous comments toward the author(s) or comment participants. Make your case passionately, but civilly. Please don't stoop to name calling. We use filters for spam protection. If your comment does not appear, it is likely because it violates the above policy or contains links or language typical of spam. We reserve the right to remove comments at our discretion.

Is there news related to personal liberty happening in your area? Contact us at newstips@personalliberty.com

Bottom
close[X]

Sign Up For Personal Liberty Digest™!

PL Badge

Welcome to PersonalLiberty.com,
America's #1 Source for Libertarian News!

To join our group of freedom-loving individuals and to get alerts as well as late-breaking conservative news from Personal Liberty Digest™...

Privacy PolicyYou can opt out at any time. We protect your information like a mother hen. We will not sell or rent your email address to anyone for any reason.