After a quick tour of the North American International Auto Show Wednesday, the president stopped to speak to auto workers at the UAW GM Center for Human Resources — taking credit for a resurgence in the industry.
When he wanted to help U.S. carmakers, the president said, many were opposed.
“…We could’ve done nothing, thrown in the towel, walked away from this industry entirely — and a lot folks suggested we do that. They’d deny it later, but that’s what they said at the time,” Obama said.”Think about what that would’ve meant for America. GM and Chrysler would not exist today.”
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6 comments:
And GMC is building cars now in China and shipping them to the USA for sale. NOT IN THIS LIFETIME would I buy anything they produce...bail out money and all.
Never ceases to amaze how delusional Democrats are about their honked achievements. Detroit is one of the hardest hit in Obama's economic and socialized medicine initiatives, yet he's claiming there's success? Seriously?
American cars made in China? Funny.
If I remember correctly Ford did not take bail out money. It does sadden me that Ford no longer manufactures vehicles because they went bankrupt!
Auto industry has recovered because they no write sub prime loans for cars and loans for 7 years.
8:13 What??
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