Consumers Don't Think Saving The Auto Industry Would Help The Economy

A majority, 61% of Americans are not in favor of bailing out the auto industry, says CNN/Opinion Research Corp. poll. Ford, Chrysler and GM have requested up to $34 billion dollars in emergency loans, but a majority of Americans polled thought that bailing out the automakers wouldn’t help the economy.

70% said the bailout was unfair to taxpayers, and only 15% thought that bankruptcies in the auto industry would affect them immediately.

What do you think?

Poll: 61% oppose auto bailout [CNNMoney]
(Photo: sfxeric )

Want more consumer news? Visit our parent organization, Consumer Reports, for the latest on scams, recalls, and other consumer issues.