Morning Mix: Romney Huge Fan Of Auto Bailout He Proposed
The Obama campaign may have decided to stop framing rival Mitt Romney as a flip flopper, but it may be hard to resist when the former governor is presenting them with such blatant examples.
The latest? Apparently, bailing out the auto industry was Romney’s idea.
According to Romney adviser Eric Fehrnstrom, the only reason there is an auto industry now is because of the likely GOP presidential nominee. “His position on the bailout was exactly what President Obama followed…He said, ‘If you want to save the auto industry, just don’t write them a check. That will seal their doom. What they need to do is go through a managed bankruptcy process.’ Consider that the crown jewel. The only economic success that President Obama has had is because he followed Mitt Romney’s advice.”
That was Romney’s advice? So what about all of the times the former governor called the bailout “crony capitalism?” As The Hill notes, Romney himself once wrote an op ed stating, “The president tells us that without his intervention things in Detroit would be worse. I believe that without his intervention things there would be better.”
The Obama campaign isn’t letting this flip flop go unnoticed, either. “The Obama campaign, for its part, is not about to share credit with Romney. Obama campaign spokesperson Lis Smith told the Post that despite Fehrnstrom’s comments, Romney would have let the industry fail. ‘GM and Chrysler are in existence, creating jobs, and posting some of their most profitable quarters in history because President Obama bet on American workers,’ Smith said. ‘If Mitt Romney had had his way, the American auto industry and the millions of jobs it supports would cease to exist.’”
A new Romney slogan? “Romney, he was against the auto bailout before he was for it!”
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