Late last year when it was revealed that Chrysler and General Motors only had enough cash on hand to survive a few months, many people supported a Detroit bailout to prevent an all-out economic collapse. However, just a few months later, support is really starting to drop off, with the vast majority of Americans now believing the economy can survive without General Motors.
According to a new poll by Rasmussen Reports, 76 percent of Americans think the economy can pull through even if General Motors goes out of business. Moreover, only 9 percent disagree, with another 15 percent still on the fence.
The poll also found that 62 percent of Americans oppose giving more tax dollars to GM and Chrysler . In contrast, 61 percent of American supported the funding of Detroit back in December. Optimism for the survival of all three Michigan automakers is also waning, with just 41 percent believing the Big Three will still exist in a few years – down from 51 percent just two months ago.
