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Americans Confident in Obama, Skeptical of Detroit
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As President Obama gets ready to address Congress and the nation in his first State of the Union, a poll from CBS/NY Times shows the public confident in his economic decision-making; Chrysler and G.M., meanwhile, didn't fare so well. 76 percent are at least somewhat confident Obama will make the right decisions on the economy (31 percent "very confident," 45 percent "somewhat"), while 68 percent said the government should not send more federal assistance to the automakers, as requested. A Treasury spokesman said "everything is on the table" for saving the automakers, but, if saying "no" is the right answer in most Americans' eyes, the logical implication is that most think Obama will turn down the request. Intrade is not taking bets, as of yet.
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