Obama Shoves Saving the Auto Industry in the GOP’s Face

Obama auto

President Obama spoke at Gellberg Signs today in Washington, D.C. where he not only kept pushing forward his jobs creation agenda, but he also made sure that everyone, including the Right, knew that the Big Three automakers are profitable, alive and well, “All three U.S. automakers are now posting a profit for the first time since 2004.”

Here is the Obama video:

Obama when discussing the not always straight path to economic recovery pointed out just how wrong the conservative opposition to auto bailout was, “Just this morning, there was a report about the growing trend of manufacturing plants returning to the United States from overseas, instead of the other way around. Same time, each of the Big Three automakers — Ford, GM, and Chrysler — two of which were on the verge of bankruptcy a little over a year ago, a liquidation bankruptcy that would have destroyed those companies — all three U.S. automakers are now posting a profit for the first time since 2004. And since they emerged from bankruptcy, the auto industry as a whole has added 76,000 jobs. So there’s some good trends out there.”

Later he mentioned the small group of Republicans who are blocking help for small businesses, “And yet, a minority in the Senate is standing in the way of giving our small businesspeople an up or down vote on this bill. And that’s a shame. These kinds of delays mean contracts are being put off, debts are adding up, workers are going without a job — and we can’t afford it. We need to do what’s right, not what’s political, and we need to do it right now.”

The President then called for an end to political games, “We need to decide whether we’re willing to do what’s necessary to keep this economy moving in the right direction. Whether we’re willing to rise above the election-time games and come together, all of us — Democrats and Republicans and independents — all of us coming together not just to pass a jobs bill that is going to help small businesses like this one hire and grow, but also to secure a clean energy future, and accelerate our recovery, and rebuild our economy around three simple words — Made in America. That is what I’m committed to doing, and that’s what I hope members of both parties will join me in doing in the days ahead and beyond.”

Here is a sample of some top Republicans had to say about the auto bailout via USA Today in November 2008. Sen. Jon Kyl (R-AZ) said, “Just giving them $25 billion doesn’t change anything, It just puts off for six months or so the day of reckoning.” Sen. Richard Shelby (R-AL) called the auto industry a “dinosaur,” and characterized the bailout as, “a road to nowhere.”

2012 Republican presidential candidate and the so called business expert in the Republican Party, Mitt Romney urged in a New York Times op-ed that auto industry should be allowed to go bankrupt, “The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk.”

Wrong, wrong, and wrong, they were all wrong. The auto industry is not dead. It is the exact opposite. It is alive and growing. The Obama plan did something that bankruptcy would have never done. It forced the automakers to change the way they do business. Instead of being a “path to nowhere,” the Obama plan laid out a path to success, but still to this day, conservatives continue to make the completely false claim that the government has nationalized the auto industry.

It is about time that Obama starts touting his achievements, and the auto bailout is a perfect case study for why the Republicans should not be returned to power. They are still governed by ideology, and their judgment might be even worse than it was during the Bush years. A 2008 study by the Center for Automotive Research found that if the Republican plan of letting the auto industry collapse would have been followed, the American economy would have been crushed. The economy would have lost $156 billion and 2.95 million jobs would have been lost in the first year alone.

Whether Republicans want to believe it or not, Obama saved the auto industry. This president has accomplished so much that even his own supporters don’t give him the credit that he deserves. The White House seems to have finally realized that they can’t expect people to know about the good things they have done. It is great to see the president out there reminding the American people of just how effective and good for this country he has been.

10 Replies to “Obama Shoves Saving the Auto Industry in the GOP’s Face”

  1. Oh, I’m sure the Foxbots will find some logic wormhole to explain why none of this is true and entirely sociocommunaziliberal propoganda. (cue Foxbot rebuttals in 3… 2… 1…)

  2. To me, this isn’t about left or right. It’s about the truth. And I’m tired of being lied to by the right. Tweet and share!

  3. They will find something to hate, in the crazy down is up world of Fox News saving the auto industry is a bad thing.

  4. Thank you very much, and I really do hope that people Tweet and share it. Nobody writes these stories. I guess it easier for some people to see what is wrong and ignore what’s going right.

  5. Good to see. I like it when President Obama stands up to the lies of the right and shoves the truth under their noses.

  6. I like seeing the president offer an irrefutable rebuttal to the far right nonsense about it being a bad idea to bail out the auto industry. But of course, in Bizzaroland, they’ll find a way to make it about socialism although his actions have provided jobs for many.

  7. Great post, Jason!

    Love to hear the “progress” stories mixed in with the “problem” stories.

    Negative critical analyses are necessary to define the problems and allow for course corrections, but positive analyses are critical in providing the continued energy and optimism to reach our progressive goals.

  8. I wish the auto industry would start commercials on a national basis thanking the President for having the faith in them that no one else did. As you said, he saved millions of jobs. Bankrupty would not have done what Romney was crowing about as it would have taken a couple years, at best, for re-organization. Of course, being the multimillionaire that he is, he has no understanding of what the factory workers in Detroit would have done during this time as layoffs would have been inevitable in their downsizing, reducing factory production and selling off property. McCain & Palin would never have allowed this to go forward, since they believe the only solution to every problem is to cut taxes.

    We need to start shouting from the rooftops all the good this President has done, from averting economic disaster in the early days of his Presidency to saving the auto industry, signing healthcare reform into law, and yet, he gets no acknowledgment for these accomplishments. The DNC needs to get their own mouthpieces, except allow them to only tell the truth, and don’t stop until 2012 when Obama is elected to a second term when he can really work on the things he promised.

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