Gallup came out with a poll recently showing that of the five major congressional items of the last two years - healthcare, finreg, bank bailouts, auto bailouts, stimulus - only one, finreg, enjoys majority support.
I understand HCR, stimulus and the bank bailout. I mean, I think they were good things, but I understand that Obama and the Democrats just got beat like drums on the spin over these things.
But I really totally do not understand the numbers (43-56) on the auto bailout. It worked. The companies are alive. They're making good cars again. People are buying them. True, the money isn't repaid, and GM recently said it will take two years or so to pay its share back. But what's two years, or four? A loanee who pays back in four years is a pretty good customer, no?
Cars are cars. Cars aren't banks. We love cars. We love our auto industry. I really don't get it and just can't believe that 56% of Americans would as soon have seen GM and Chrysler go belly up. These same 56% complain about the jobless rate? Imagine what it would be if they'd had their way on the auto companies.
This is just utter selfishness as far as I can see, and it makes me very sad.
By the way, anyone own a Buick Lacrosse or ever driven one?
