Nearly every current poll shows that most Americans oppose federal assistance to General Motors, Chrysler and Ford, which must be worrying news for members of Congress as they ponder whether to support the proposed $15 billion emergency loan package. Political analysts warn of the consequences for lawmakers who support the “bailout everyone loves to hate.”
Like any survey that asks people to answer simply yes or no, however, the polling on the auto bailout reveals little or nothing about the information (or misinformation) behind the negative response. As they prepare to vote, the legislators should also consider how voters will feel when the nation suffers the full consequences of a cratering auto industry—and find out that the facts were not quite what they seemed to be.
Read the rest.