In Michigan yesterday, the President said "Today, the U.S. Automakers have added 55,000 jobs since last June, the strongest growth in more than 10 years in the auto industry." Then he went on to claim the $60 Billion we invested in GM and Chrysler as the cause for this celebration.
It is simply stunning how uniformed he is about one of the basic U.S. industries. Here are the facts.
There are nineteen auto plants in the U.S. in the following states;
Alabama
Georgia
Indiana
Kentucky
Minnesota
Mississippi
Missouri
Ohio
South Carolina
Tennessee
Texas
And these seven states employ 441,989 people directly in the auto industry. To put that number is perspective, Michigan has 205,962 jobs and only 9,000 are with GM.
And the companies in these seven states have jobs that pay good wages, provide health insurance and retirement benefits. And none of these jobs are going anywhere.
We have a healthy auto industry today. It is just not in Detroit and it is not unionized.
Is it possible that Obama is so totally mis-informed, or is he just hugely cynical?
Either answer is extremely depressing!
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