Six years ago -- October 2008 -- the United States was losing 750,000 jobs a month!!!
I guess that really was Obama's fault!!
Because ever since then, no one wants to acknowledge how well the economy is doing today, or give much of the credit for the recovery to President Obama!
But, consider this . . Mitt Romney wrote an op-ed in December of 2008 criticizing Obama for suggesting that we bail out the car companies in this country.
A whole month before Obama was even sworn in as President!!!!!!
Still think the Republicans have tried to save or create jobs in this country over the last 6 years??
Think again.
= new reply since forum marked as read
Thanks Major
his words would be set in stone and the success of the Auto-Industry Bailout would be in the Black Column for the Country.
May 24, 2011 2:10 PM
Time for another victory lap
By Steve Benen
Fortunately for the White House, all of the news related to the bailout continues to be good.
Chrysler said Tuesday that it had paid back $7.6 billion in loans from the American and Canadian governments, marking another significant step in the revival of the company, the smallest of the Detroit automakers.
Chrysler said it made payments of $5.9 billion to the United States Treasury and $1.7 billion to Export Development Canada in a series of transactions completed Tuesday morning. The payments retired outstanding loans and covered interest on the debt.
Chrysler’s chief executive, Sergio Marchionne, planned to formally announce the move at a ceremony Tuesday afternoon at an assembly plant in Sterling Heights, Mich…. “The loans gave us a rare second chance to demonstrate what the people of this company can deliver,” Mr. Marchionne said. “We owe a debt of gratitude to those whose intervention allowed Chrysler Group to re-establish itself as a strong and viable carmaker.”
The Obama administration is hailing the repayment as proof that its policy worked — an argument that has the benefit of being true. Indeed, Obama’s policy has proven so effective, Chrysler is paying back American taxpayers six years early.."
http://www.washingtonmonthly.com/political-animal/2011_05/time_for_another_victory_lap029801.php?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+washingtonmonthly%2Frss+%28Political+Animal+at+Washington+Monthly%29&utm_content=Google+Feedfetcher#
GM Bailout Ends as U.S. Sells Last of ‘Government Motors’
The Treasury Department’s sale yesterday of final shares of GM signals the end of Government Motors, as the nation’s largest automaker was derisively labeled by some critics after the U.S. government stepped in with emergency funding in 2008. Bailouts from the George W. Bush and Barack Obama administrations helped GM avoid liquidation and reorganize in a 2009 bankruptcy that has given new life to the company.
“This marks one of the final chapters in the administration’s efforts to protect the broader economy by providing support for the automobile industry,” Treasury Secretary Jacob J. Lew told reporters yesterday on a conference call.
http://www.bloomberg.com/news/2013-12-09/gm-bailout-ends-as-u-s-sells-last-of-government-motors-.html
Whew! 
