NBC/WSJ poll shows split on bailout
Posted: Tuesday, December 09, 2008 6:30 PM by Mark Murray
Filed Under:
Economy
From NBC's Mark Murray
Americans are split on the federal government giving federal aid to prevent the U.S. auto industry from failing and going bankrupt, according to a new NBC News/Wall Street Journal poll.
In the survey, 46 percent say they approve of the financial aid, versus 42 percent who say they oppose it.
While Americans are divided on the auto bailout, that's no longer true for the Troubled Assets Relief Program (TARP), the government's plan to take over bad mortgages and other troubled investments from financial firms.
Fifty percent of respondents say they disapprove of the program, compared with just 27 percent who approve of it.
That's a stark change from early October, when the NBC/WSJ poll showed respondents approving of the program by a 40-38 percent margin.
The survey was conducted of 1,009 adults Dec. 5-8, and it has a margin of error of plus-minus 3.1 percentage points. The rest of the poll will be released tomorrow at 6:30 pm ET on NBC Nightly News and MSNBC.com.