Politics We Almost Lost Detroit How the auto bailout became one of Obama’s best talking points.

Politics

We Almost Lost Detroit

How the auto bailout became one of Obama’s best talking points.http://www.tnr.com/article/politics/76693/detroit-auto-bailout-obama

Washington—Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points?
But don't for an instant imagine that the comeback of the nation's rescued car companies, particularly General Motors, will change the way we debate government's role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words ("socialism") trump data.
Let there be no mistake: rescuing GM and Chrysler took political courage, and I want to put in a good word not only for President Obama but also for George W. Bush.

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