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Why Were Americans Skeptical of the Bailouts of the Banking

Question 104

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Why were Americans skeptical of the bailouts of the banking and automobile industries during the Great Recession?


A) Americans did not want to help industries they perceived to be powerful and privileged.
B) Americans discovered that the bailout was a quid pro quo for those industries' support of Barack Obama in the 2008 election.
C) Americans tend to be trusting of government but to distrust specific government policies.
D) Americans viewed these industries as being superfluous to the American economy.
E) Americans wanted a complete takeover of these industries rather than a partial takeover.

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