Obama for America’s new ad, “Made in Ohio,” features Ohioans who know just how important President Obama’s rescue of the auto industry was for them, their families, and their communities. The Obama auto rescue saved 154,843 jobs in 2009 alone and added 17,000 jobs in the auto industry since 2009.
Brian:
“They came up and said you are definitely laid off—everybody as of right now.”
Karen:
“What was I going to do for my children? Are they going to have a home?”
Miles:
“Without President Obama’s rescue of the auto industry, Ohio would have collapsed.”
George:
“Mitt Romney would have just let us go under- just let them go…bankrupt.”
Romney:
“Yeah, that’s…that’s exactly what I said, the headline that you read which is, said: “let Detroit go bankrupt.”
Karen:
“And for him to just say— let them fail.”
George:
“How can you say something like that? It’s just beyond me.”
Mitt Romney often tries to claim that while he wrote “Let Detroit Go Bankrupt”, that’s exactly what happened. Not quite.
According to a Center for Automotive Research report, “government intervention in preventing a disorderly bankruptcy for General Motors and Chrysler saved Ohio 154,843 jobs in 2009. These numbers are derived from taking the difference between the report’s “worst case” scenario- a free fall bankruptcy for both automakers – and the report’s “best case” scenario- a controlled, government-backed restructuring through bankruptcy. See math below: Difference Between Best Case (-6,026) & Worst Case (-160,869) (Total Jobs Saved): 154,843.” [Center For Automotive Research Automaker Bankruptcies Report, 5/26/09]
Here’s a chart from the Bureau of Labor Statistics that puts to rest any talking points about whether or not we should have rescued the auto industry, unless Republicans were rooting for failure. It worked (click to enlarge):
Since the Obama auto rescue, Ohio has added more than 17,000 jobs [Bureau of Labor Statistics, Accessed 8/17/12]. Innovation Ohio points out that Romney and Gov. Kasich like to downplay the success of the auto rescue because it “didn’t go their way.” They write, “He (Mitt Romney) famously penned an op-ed for the Wall Street Journal which argued against federal involvement in backstopping the auto industry. Rather than quietly move on from an issue that didn’t go his way – the rescue worked – he and Ohio Gov. John Kasich talk down Ohio’s recovering economy and the auto industry’s place in that recovery.”
Ohio knows who has its back, and it’s not the guy who said “Let Detroit go bankrupt.”
PoliticusUSA
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Sugapea
Oct. 19th, 2012 at 6:50 pm
Love it! These ads are going off like Firecrackers…one after another! Bet Romnesia Romney doesn’t have such an eloquent rapid response team.
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Anne
Oct. 20th, 2012 at 2:09 am
I’m quite sure that the good people of Ohio haven’t forgotten Willard’s saying that the auto companies should go bankrupt. I hope that up to November 6th, these ads showing how the president’s actions saved and produced jobs, while Willard’s proposals would have created even more unemployment.
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Jahna
Oct. 20th, 2012 at 8:31 am
Thank you WISE voters of America!! All we have to do is VOTE SMART and cast our vote for OBAMA/BIDEN!! Obama’s record of 5 MILLION JOBS, saving GM and auto industry jobs and cutting the deficit is an outstanding performance — all while ending the war in Iraq, managing the war in Afghanistan and getting bin Laden!! Get the facts!! Vote Smart! Vote Obama 2012!!
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Joe
Oct. 20th, 2012 at 10:56 am
Obama2012!Biden2012!
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Deanne
Oct. 20th, 2012 at 9:39 pm
These numbers appear to speak to GM and Chrysler. What they neglect to include are the outlying companies in Ohio and other states making parts for those corporations and even further downline, the companies that make smaller parts that combine together to make the parts — from the nuts and bolts and everything else inbetween needed.
There is also totally unrelated businesses that survived because of the saving of the auto industry. Within Ohio and the other states, in the cities, towns and villages, there are restaurants, dry cleaners, convenience stores, lots of mom and pop type businesses that people support with spending their wages. It’s that ‘trickle down’ and what truthfully is ‘redistribution’ in that everyone earning a wage, needs housing, food, entertainment and the movies, hardware stores, etc.
Jennifer Granholm’s speech at the DNC — as energetic and over the top many thought – it was spot on.
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CARMEN A. ASTACIO
Oct. 20th, 2012 at 11:51 pm
I could hear the naysayers already!! lol Obama/Biden!!!!!!
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A Walkaway
Oct. 21st, 2012 at 1:08 pm
Funny… this morning is the first time I’ve seen this thread, and I would have been delighted – I AM now delighted – at seeing President Obama’s commercial.
I check the threads a couple of times a day… sometimes more when I’m taking breaks from studies. It didn’t show until now (and it’s a good one).
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Karen
Oct. 21st, 2012 at 4:44 pm
They’re hiring at www.kfinleyblog.com
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