61% object to new Chrysler, GM aid

61% object to new Chrysler, GM aid
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BY GREG GARDNER FREE PRESS BUSINESS WRITER

More than three in five Americans -- 61% -- oppose more government loans to General Motors Corp. and Chrysler LLC, according to a R.L. Polk survey released Monday that is consistent with other recent opinion research.

The Polk results came one day after President Barack Obama told CBS "60 Minutes" interviewer Steve Kroft that "the only thing less popular than putting money into banks is putting money into the auto industry."

In the Great Lakes region, where auto manufacturing is more prevalent,

16% "strongly agreed" when asked by Polk if they supported loans for GM and Chrysler. That compares with only 4% in the New England region.

Lonnie Miller, a Polk analyst, declined to share the level of opposition from other regions because the number of respondents was not large enough to be statistically significant.

In the Polk survey, about the same percentage of people who opposed more loans also recognized that denying them would have dire economic consequences.

Miller said the data reveal an attitude of "it's a problem, but it's not a problem for taxpayers."

GM and Chrysler expect a March 31 decision by the president's auto task force on their latest loan requests.

While GM did not respond to the survey results, Chrysler said it expects many viewpoints.

"We are completely focused on working with the automotive task force to ensure the viability of an industry and a company that provides economic benefits to communities across the country," Chrysler said.

Reply to
Jim Higgins
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What is your point? 98% of Americans were oppose to more government loans and grants to IAG and the three trillion dollar annual budget, but the Dims passed both anyway.

Reply to
Mike Hunter

And probably 90% of people in this newsgroup object to you and your ilk being here.

Reply to
80 Knight

On Mar 25, 12:06=A0pm, "80 Knight"

Once there were two mice who lived in a museum.

One evening after the museum had closed, mikey crawled into a huge suit of armor.

Before he knew it, he was lost. "Help!" Mike shouted to his friend Hunt.

"Help me make it through the Knight!"

Reply to
Björn

61% object to new Chrysler, GM aid

Thanks to George Bush they had little choice but not to.

Reply to
Al Falpha

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