While Mitt Romney wanted Americans to “let Detroit go bankrupt,” President Obama made the hard decision to rescue the U.S. auto industry. Now, Romney is trying to take credit for the rebounding industry, telling Ohioans:
“I’ll take a lot of credit for the fact that this industry’s come back.”
Former Ohio governor and Truth Team member Ted Strickland had this to say about Romney’s attempt to take credit for the success of a policy he expressly opposed:
“Mitt Romney may think he can fool the American people by hiding his belief that we should ‘let Detroit go bankrupt,’ but the American people won’t let him. His comments today that he will ‘take a lot of credit that the [auto] industry has come back’ are a new low in dishonesty, even for him. Mitt Romney seems to think Americans will just forget the past and his very vocal and clear opposition to the successful auto rescue.
“At the time the loan was extended, auto industry leaders were saying that they couldn’t keep the industry alive without a lifeline from the federal government. And so, the President did something politically unpopular at the time and he gave them a lifeline to restructure and because of his decision to do so, the industry is prospering and spurring growth across the nation.
“Mitt Romney said no, don’t give them a lifeline—‘let Detroit Go Bankrupt.’ It was up to the President to make a bold decision to save the auto industry and he did it because he knows the industry is too important to the backbone of our nation, symbolic of who we are and he wasn’t about to let the auto industry go under and the millions of jobs associated with it—1 in 8 in Ohio. And so that step to keep the auto industry alive—to keep them running—when Mitt Romney would have said no, President Obama said yes. And those are the facts.”