Most Americans against Bush’’s Wall Street bailout plan: PollSeptember 27th, 2008 - 1:34 pm ICT by ANI
Washington, Sept.27 (ANI): There is scant public support for President Bush’’s 700 billion dollar federal rescue plan for the U.S. financial industry.
Just 30 percent of Americans say they support Bush’’s package, according to an Associated Press-Knowledge Networks poll released as White House and congressional leaders struggled to rescue the plan after House Republicans rebelled against it.
Despite the president’’s pleas that the package is urgently needed to prevent an economic meltdown, 45 percent say they oppose Bush’’s proposal while 25 percent said they are undecided.
Fewer than four in 10 Republicans, three in 10 Democrats and one in 10 independents said they support the package.
According to Fox News, fifty-seven percent said they think the bailout is needed to prevent a serious recession. Even so, only 35 percent said they think the plan would resolve the financial crisis, with doubters in the majority in both parties and among independents.
The poll found a standoff over which presidential candidate would do better handling the financial crisis, with about a third opting for John McCain and about the same number preferring Barack Obama.
The survey also showed overwhelming support for holding Friday night’’s first debate between the two presidential candidates as scheduled.
McCain had said he would not attend until lawmakers had acted to address the financial crisis, but he said Friday morning he would attend. Obama said all along the debate should be held.
Sixty percent said the debate should be held and 22 percent preferred that it be postponed, with the rest undecided.
The AP-Knowledge Networks poll was conducted Sept. 25 and involved online interviews with 671 adults. It has a margin of sampling error of plus or minus 3.8 percentage points.(ANI)
- Obama, Romney locked in close race: polls - Aug 25, 2012
- McCain waxes eloquent on Palin while likening her to "divisive" Reagan - Nov 29, 2010
- Latino voters sticking with Obama, Democrats: Poll - Dec 29, 2011
- John McCain supports Paul Ryan - Aug 13, 2012
- Romney leads 2012 Republican presidential bid field - Mar 20, 2010
- 'Bush thinks Palin not fit to be President' - Nov 07, 2010
- McCain's visit sparks debate in Kashmir - Aug 18, 2011
- Obama's approval ratings soar despite disappointments over health-employment issues - Jan 22, 2011
- Meghan McCain Writes On 'Dirty Sexy Politics' - Sep 01, 2010
- Ex-Massachusetts Governor Romney's Nevada edge getting smaller - Apr 29, 2011
- US senator meets Kashmir governor, chief minister - Aug 17, 2011
- Romney, Santorum face showdown in Obama's home state - Mar 20, 2012
- Obama now holds double digit lead in key battleground states - Oct 14, 2008
- Palin's favorability ratings drop to new low: Poll - Mar 17, 2011
- Obama most popular candidate for 2012 election: Survey - Mar 24, 2011
Tags: bailout plan, barack obama, congressional leaders, economic meltdown, financial crisis, fox news, friday morning, independents, john mccain, knowledge networks, overwhelming support, percentage points, president bush, presidential candidate, presidential candidates, recession, s 700, sampling error, sept 27, standoff