The public is far more supportive of the auto industry bailouts than the government’s decision to bail out distressed financial giants in 2009, according to a Harris poll released this morning.
About 45% of those polled said the federal government’s decision to extend more than $77 billion in emergency loans and bankruptcy financing to General Motors and Chrysler in 2009 “helped” the economy, according to the online poll conducted by market research firm Harris Interactive between March 12 and 19. Harris surveyed 2,451 adults and found that about 29% of Americans say the auto bailouts “hurt” the economy. About 5% were unsure.
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