Survey Finds Majority of Adults Oppose Taxpayer-Funded Mortgage Bailout

Survey Finds Majority of Adults Oppose Taxpayer-Funded Mortgage Bailout

A recent survey conducted by the Pew Research Center found that a majority of adults in the United States oppose a taxpayer-funded mortgage bailout. The survey found that 58% of adults oppose the idea of a government bailout of mortgages, while only 33% support it. The survey also found that those who oppose the bailout are more likely to be older, have higher incomes, and be Republican.

The survey results come at a time when many Americans are struggling to make ends meet due to the economic downturn caused by the coronavirus pandemic. With unemployment rates at historic highs and many people facing financial hardship, some have suggested that the government should provide assistance to those who are struggling to pay their mortgages. However, the survey results suggest that most Americans are not in favor of such a bailout.

The survey results also suggest that there is a divide between those who support and oppose the bailout. Those who oppose the bailout are more likely to be older, have higher incomes, and identify as Republican. This suggests that those who are more financially secure are less likely to support a taxpayer-funded mortgage bailout.

The survey results indicate that most Americans are not in favor of a taxpayer-funded mortgage bailout. This could be due to a variety of factors, including concerns about the cost of such a bailout and worries about rewarding irresponsible behavior. However, with many Americans facing financial hardship due to the coronavirus pandemic, it is important to consider all options for providing assistance to those who are struggling to make ends meet.

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