His base will be more worried about their 401k/IRA/pension benefits. Everyone talks the talk about bailouts, but once it hits their accounts they are all for it.
Don't most corporate bailouts negatively impact their employee retirement prospects? I'm thinking of GM and Hostess in particular at the moment. The only winners seem to be the investors.
I’m referring to everyone being invested in index funds, even via their defined benefit pensions. If SP500 goes up, then everyone’s net “worth” goes up.