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jtown1123

(3,203 posts)
Wed Oct 31, 2012, 11:44 AM Oct 2012

This Election Is Going to Come Down to One Thing: Cars

From Huffington Post

Game Changer in Ohio: Cars
By AFL-CIO President Richard Trumka

This election may come down to cars. That's right, cars.

Nothing illustrates the choice between the two presidential candidates better than the 2009 rescue of the auto industry. And, despite Republican presidential candidate Mitt Romney's efforts to distort the contrast with patently dishonest claims and a new TV ad, the auto rescue may turn out to be the deciding factor in the presidential election.

Romney can't seem to Etch-a-Sketch that now-famous op-ed headline -- "Let Detroit Go Bankrupt."

Let's break down what that meant: Here was a millionaire whose idea of remaking America's automakers was liquidation. It was a call for those companies to gut pay and benefits and shed pensions. That's what Mitt Romney believed in. His goal was to "turn around" the industry by killing good jobs.

Try as he might, Romney can't shake his past, and nowhere is that more clear than in voters' reactions in Ohio, where the auto industry accounts for one out of eight jobs. There voters have stuck with President Obama after he stuck his neck out to rescue those ailing giants and the workers, who together form America's cornerstone industry.

Because of President Obama's action, the U.S. auto industry was not liquidated. Two million jobs or more were not lost or ruined.

Yes, President Obama took a big political risk -- the public had serious bailout fatigue.

Back in 2008 and 2009, pundits and reporters from Fox News to the New York Times called the auto industry rescue a "strategy fraught with risk."

It wasn't the only time President Obama took action and risks for working people, and I'll bet it won't be the last. And I'll also bet that Romney's reaction to crises for working people will be the same in the future, too. When President Obama enforced our trade laws, imposing tariffs on cheap Chinese tires to protect American jobs, Mitt Romney leaped in to criticize him.

Expecting Mitt Romney to get tough on China is like asking his left hand to slap his right.

Read the rest: http://www.huffingtonpost.com/richard-trumka/mitt-romney-auto-bailout_b_2048880.html

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This Election Is Going to Come Down to One Thing: Cars (Original Post) jtown1123 Oct 2012 OP
The President does what he thinks will benefit Americans SubgeniusHasSlack Oct 2012 #1
And that's who I want as my president n/t jtown1123 Oct 2012 #2
 

SubgeniusHasSlack

(276 posts)
1. The President does what he thinks will benefit Americans
Wed Oct 31, 2012, 11:46 AM
Oct 2012

not what he is told is politically expedient.

THAT is the difference between the candidates and the major parties.

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