Romney changed his view of the Detroit bailout in a desperate attempt for Ohio [View all]
Romney's chances in Ohio tied to softening auto bailout stance
If Ohio has been President Barack Obama’s “firewall” – the state guarding against a disappointing Electoral College result on Nov. 6 – then the president’s re-election team might consider Obama’s well-publicized auto industry rescue as a type of firewall within a firewall.
Obama has taken every effort to remind voters in Ohio of his authorization of a 2009 bailout of General Motors and Chrysler that is widely credited with preserving the companies as they stood on the brink of catastrophe. In the same breath, the president is sure to mention the op-ed – “Let Detroit Go Bankrupt” – penned by Romney for the New York Times, which called for a managed bankruptcy for the automakers supported partially by government guarantees.
There are real differences between how Obama sought the auto industry rescue and how Romney, judging by his own comments at the time, might have engineered support for GM and Chrysler. But if the Republican presidential nominee manages to win Midwestern states like Ohio and Wisconsin on Nov. 6, he could point to his recent messaging on the auto bailout as a reason why.
Romney has essentially tried to take credit for Obama’s actions, arguing that it was the president who ended up following Romney’s counsel all along, and lead GM and Chrysler toward a “managed bankruptcy.”