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56% Think Loan Guarantees for Solyndra Were A Bad Idea

Most voters don’t think the federal government should have invested in the failed alternative energy firm Solyndra which ended up costing taxpayers more than a half-billion dollars. But most also think it’s business as usual for government officials to help companies they like.

Just 16% of Likely U.S. Voters believe it was a good idea for the government to provide loan guarantees for Solyndra, according to a new Rasmussen Reports national telephone survey. Fifty-six percent (56%) disagree and say it was not a good idea for the government to help fund the company this way. Twenty-eight percent (28%) are not sure. (To see survey question wording, click here.

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The survey of 1,000 Likely Voters was conducted on August 4-5, 2012 by Rasmussen Reports. The margin of sampling error is +/- 3 percentage points with a 95% level of confidence. Field work for all Rasmussen Reports surveys is conducted by Pulse Opinion Research, LLC. See methodology.

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