Romney Says He Deserves "A Lot Of Credit" For Auto Industry Recovery

Derek Kreindler
by Derek Kreindler

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.

Derek Kreindler
Derek Kreindler

More by Derek Kreindler

Comments
Join the conversation
5 of 128 comments
  • Sgt Beavis Sgt Beavis on May 09, 2012

    Another day, another stupid politician. Not much different than the one currently in the White House. We might as well keep him and avoid the moving fees.

  • Speed Spaniel Speed Spaniel on May 10, 2012

    Yo Mitt - how many wives can you fit in the back of a Fiat 500??

  • TomHend TomHend on May 13, 2012

    For all you idiot Obama lovers out there, I lose my health insurance coverage June 1, true, no lie. I will walk acorss cut glass to vote against Obama.

    • Wheatridger Wheatridger on May 13, 2012

      Did the Prez personally take your very own health policy away? For decades, folks have been losing insurance when they lost their jobs. When they can least afford to pay, they lose their medical support system too. We Liberals think it's an inhumane outrage to tie health insurance to employment. We wanted "Medicare Part E" (for Everybody). Obama's plan is a halfway measure, adopted from the Republican Heritage Foundation, aimed at correcting the worst injustices of private health insurance. You're getting left behind by the system, so why defend the status quo?

  • Landcrusher Landcrusher on May 13, 2012

    I thought breaking the tie to employment was in neither left or right platforms. I think most liberals want government, not individual healthcare. At any rate, I think breaking the employment connection is big in the Tea Party.

Next