While the U.S. auto industry may be “back,” as President Barack Obama recently declared during his State-of-the-Union address, that hasn’t changed the fact that a majority of Americans remain opposed to the 2008 – 2009 bailout of Detroit.
A new Gallup poll finds 51% of those surveyed still disapprove of the $85 billion rescue effort, with only 44% saying they approve. And the figure is even more lopsided when party affiliation is considered. The poll, conducted for the public radio program Marketplace, found 73% of Republicans opposed – though 63% of Democrats were supportive of the bailout.
Though the results are still in negative territory, overall, that’s still a significant improvement from 2009, when various polls showed that the vast majority of Americans, regardless of political persuasion, were unhappy with the use of taxpayer money to save General Motors and Chrysler.