Americans don't think that the government will do a good job running the car companies
Rasmussen has the poll results here:
Just 18% of Americans think the United Auto Workers union and the federal government will do a good job running Chrysler and General Motors, according to a new Rasmussen Reports national telephone survey.
Forty-seven percent (47%) believe the union and the government will do a bad job, while 35% are not sure.
Forty-six percent (46%) of adults now say it is at least somewhat likely that Chrysler and General Motors will become profitable again with the UAW and the government in charge. A week ago, before the new ownership arrangements were known, 54% of Americans said it was at least somewhat likely that Chrysler could again achieve profitability. . . . .
posted by John Lott at 8:31 PM
1 Comments:
I really suppose that it all comes down to the definition "profit". If it means the bottom line contained in the annual report after including all the subsidies and other "income", then it's likely, if only to show that they could do it. If it bears any resemblance to the definition I learned in grad school, then I suspect Hudson, Tucker or even Brill would be better bets.
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