WaPo Poll: Americans Hate Bailout, Upset It Did Not Pass
There is such a misconception about how the American People feel about the mortgage/credit crisis Wall Street bailout. Of course everyone hates it. Who wouldn't? But the American People know the problem must be addressed. The latest WaPo poll demonstrates this:
Most Americans see the current financial situation as a "crisis," and there is overwhelming concern that the failure of the House of Representatives to pass the economic recovery package will deepen the problem, according to a new Washington Post-ABC News poll. . . [N]early nine in 10 expressed concern that the failure of the bill could lead to a more severe economic decline.
From a purely political perspective, something must be done. But what? Here is where the Democratic leadership should grab their chance to enact a progressive proposal. The WaPo poll says:
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