Only a third of Americans (34%) correctly say the Troubled Asset Relief Program (TARP) was enacted by the Bush administration. Nearly half (47%) incorrectly believe TARP was passed under President Obama. Another 19% admit they do not know which president signed the bank bailout into law. Notably, there is no partisan divide on the question.
And I’m fairly certain that a similar percentage don’t know the difference between TARP (bailouts) and ARRA (the stimulus). Consequently, we get a LOUD NOISES! based upon ignorance and misunderstandings.