POLL: Two-Thirds of Voters Believe Taxpayers Will be on the Hook for SVB Bailout
According to a Rasmussen poll, 47% of likely United States voters support the federal government’s takeover of Silicon Valley Bank (SVB), which includes 22% who strongly approve. 40% disapprove, which includes 24% who strongly disapprove of the SVB takeover. An additional 13% are unsure.
67% of likely voters think it’s likely that the SVB takeover will have taxpayers being compelled to bail out wealthy investors, which includes 43% who indicated it’s very likely. 23% don’t believe it’s likely taxpayer money will be used to bail out SVB’s wealthy investors.
67% of Democrat voters somewhat approve of the federal government’s takeover of Silicon Valley Bank. 35% of Republican voters and 37% of independent voters share this view.
52% of Republican voters disagree with the SVB takeover, in addition to 23% of Democrat voters and 47% of independent voters.
75% of Republican voters, 62% of Democratic voters, and 66% of independent voters believe it is at least somewhat likely that the SVB takeover will have taxpayers on the hook for the bank’s bailout.
Americans making over $200,000 annually are the most likely to support the federal government’s takeover of SBV.
Overall, Americans can’t stand the idea of the government picking winners and losers when it comes to the economy. However, the ruling class is on a different wavelength when it comes to this issue. If the US is to remain a socio-economically stable nation, it must categorically reject bailouts and other measures designed to reward parasitic elites.