The taxpayer loss on GM hits $35B.
Does Obama really want to run on this issue? Romney should make it clear that he didn’t save the auto industry — he saved the UAW. Temporarily.
[Update a while later]
“This isn’t investing. This is welfare.”
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What’s really annoying is when a politician thinks people are so stupid they can get away with saying government enhances competition. Government is incapable of doing anything that increases competition. Not one single action by government increases competition with one exception… hands off.