Auto Industry Rescue: Let’s Hear From the Industry
Only in our current hyper-partisan political environment – where everything must be run through an ideological wringer – could the saving of an entire American industry become such a political football.
Of course, I’m talking about the financial rescue of GM and Chrysler – which was in essence the rescue of the entire industry. Innovation Ohio’s policy staff has tracked the growth of auto industry jobs in Ohio since mid 2009 and the numbers – from the Bureau of Labor Statistics – tell us that more than 17,000 auto jobs have been added. This is the sort of statistic touted by the Obama Administration.
On the other side is Republican presidential candidate Mitt Romney. He 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.
Dan Gearino of The Columbus Dispatch has written a well-reported, balanced piece on the raging debate over the auto rescue. What interested me in the story is what auto industry executives had to say about the rescue.
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