Let Them Go Bankrupt!

Fortunately, President Obama did not follow Mitt Romney’s advice.

The American auto-industry, the industry which this country was built on, is making a comeback.

American automakers plan to hire thousands of workers in 2012 as sales continue to rebound, yet another sign that President Obama’s rescue of the auto industry has been successful. Ford Motor Co. and Chrysler announced that they would add a total of 6,000 factory workers in Michigan, Kentucky, and Illinois, and total payrolls at American auto plants could reach 650,000 this year. Two years after the auto industry rescue, American car companies gained market share for the first time in two decades, and analysts expect the third consecutive year of gains in the industry. With economic uncertainty plaguing Europe and parts of Asia, meanwhile, the U.S. has become a safe haven for foreign car companies as well — German and Japanese companies are both planning to hire more American workers.

Remember America — socialism saved your Chevy pickup trucks.

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  • http://pulse.yahoo.com/_IFOOTKURK25D6SSQ43QSGVOCKM martin

    Michigan, Kentucky and Illinois. Three non-right to work states. Those pesky Unions are sure messing up middle class American employment numbers. I guess the automakers just can’t make a profit in right to work states. That’s why they are adding the jobs in Michigan, Kentucky and Illinois.

  • http://www.politicalruminations.com/ nicole

    “total payrolls at American auto plants could reach 650,000 this year”

    650k jobs gone had it been left up to Mitt Romney or any of the other Republican drones.

  • http://cousinavi.wordpress.com cousinavi

    Not to crap on the survival of the US auto industry, but America was not built on Detroit.
    The first America building industry was genocide – see the Trail of Tears.
    The second was slavery – see Harriet Beecher Stowe.
    Then there was the whole “Blow up a few dangling Chinese to build railroads…”
    Detroit probably ranks somewhere in the top 10, but it ain’t the industry upon which America was constructed.
    Just sayin’

    • JMAshby

      No you’re right, but I was implying modern America. As in post-depression era America.

      • http://cousinavi.wordpress.com cousinavi

        Just to be stubborn: IKEA!
        Or, you know, Pizza Hut.
        Jesus. We are truly fucked, eh?