Voters oppose government guaranteed loans for alternative energy
Rasmussen Reports:
The questionable financial dealings of solar panel manufacturer Solyndra and its ties to the Obama administration are drawing little public attention so far, but most voters agree government help is not the best way to develop alternative energy sources.Fifty-seven percent (57%) of Likely U.S. Voters think free market competition is more likely than government subsidies and regulation to help the United States develop alternative sources of energy. A new Rasmussen Reports national telephone survey finds that just 27% believe government subsidies and regulations are the better way to go. Sixteen percent (16%) are not sure. (To see survey question wording, click here.)But then 71% of voters say private sector companies and investors are better than government officials when it comes to determining the long-term benefits and potential of new technologies. Sixty-four percent (64%) think it’s likely that if a private company which cannot find investors gets funding from the government, that money will be wasted.If private investors aren’t willing to put money into a company, only 17% of voters think the federal government should provide loan guarantees or loans to help keep such a company in business. Fifty-nine percent (59%) say the government should not provide money for an alternative energy company after private investors refuse to invest in it. Twenty-three percent (23%) are not sure.
...This looks like another issue where Obama and the Democrats are on the wrong side of the voters.
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