Opposition to Bailout Plan Falls Dramatically, According to Rasmussen (R) Poll

[jefferson_dem]

Opposition to Bailout Plan Falls Dramatically
Monday, September 29, 2008

As Congress prepares to vote on a proposed economic rescue plan, opposition to the measure has declined significantly. A Rasmussen Reports national telephone survey conducted Sunday found that 33% of Likely Voters now favor the plan while 32% are opposed and 35% are not sure.

For proponents of the legislation, that’s a significant improvement. On Friday, just 24% of voters had supported the plan while 50% were opposed. Supporters of the legislation argue the plan to buy up bad mortgage debt from private firms is the surest way to free up credit for all Americans.

While voters are unsure about the particular plan agreed to by Congress and the Administration, 49% say it’s Very Important that some kind of plan be implemented. Another 29% say it’s Somewhat Important to do so.

Just 49% understand that the government anticipates recovering a significant portion of the $700 billion when the assets purchased are resold. Twenty-six percent (26%) say that’s not part of the plan while the rest are not sure (full demographic crosstabs are available for Premium Members).

Those who understand that taxpayers will eventually get much of the money back support the bailout by a 2-to-1 margin. Those who incorrectly believe the government will not be getting money back oppose the bailout by a 62% to 18% margin.

http://www.rasmussenreports.com/public_content/business/general_business/opposition_to_bailout_plan_falls_dramatically

[ShortnFiery]

1. cough ... bullshit! eom

[No Elephants]

2. Must be because McCain is so effective! [sarcasm]