Republican Presidential hopeful Mitt Romney told voters in Ohio that he deserves “a lot of credit” for the auto industry turnaround since the bailout era.
Romney told the Detroit News
“I pushed the idea of a managed bankruptcy, and finally when that was done, and help was given, the companies got back on their feet,” Romney said in an interview inside a Cleveland-area auto parts maker. “So, I’ll take a lot of credit for the fact that this industry has come back.”
What? On what planet does Romney deserve credit? As far as anyone knows, Romney published a New York Times op-ed…and that was it. Romney claims that Obama took his advice on a managed bankruptcy, but there’s no real proof of that ever occurring. Chrysler and GM did go through bankruptcy after a government bailout but their demise looks far from “guaranteed” at this point in time (as Romney put it in his piece). In the same vein, perhaps Romney will take credit for President Obama’s health care plan.