Jared Bernstein – Romney Caught Trying to Swiftboat the Auto Rescue

01 Nov

How many times,… in how many situations,… in how many ways, … can you describe one man as a liar?

Mitt Romney keeps testing us on this.

This particular time, the Chrysler people themselves have to call Mitt for his outright politicized fabrication.

Romney’s ace in the hole, of course, is the fact that the republican, teabagger, wacked out base that he’s catering to always has absolutely no problem, – zero, – buying into any of his lies.

Maybe the most uninformed group of people on the planet. Totally blind. And not too bright.

So ,… just read this from Bernstein, and draw your own conclusions.

Oh, one more thing,—- keep this guy out of the White House.


Romney Caught Trying to Swiftboat the Auto Rescue

Nov 01, 2012


One of the most deceptive jujitsu moves in modern campaign is known as swiftboating: trying to turn one of your opponent’s strengths into a weakness. Given the centrality of Ohio to electoral success less than a week from today (!), it should be no surprise that the Romney team choose that locale to go after the success of the President’s auto rescue.  —————-

Dana Milbank takes this apart in this AM’s WaPo, but the gist is that Chrysler recently announced that they’d be expanding production of Jeeps—adding new plants—in China to help sell into that market. Note that they’re not talking about shifting US production overseas. They’re talking about tapping a trend that I’ve written about before here at OTE: producing closer to your target markets.

But in Romney-world, this became an attack on the President auto rescue because according to the campaign, Chrysler was planning to move all of their US production of Jeeps to China. Romney: “I saw a story today that one of the great manufacturers in this state, Jeep, now owned by the Italians, is thinking of moving all production to China.”

Milbank prints the response from an aghast Chrysler exec:

Romney’s fiction was apparently based on a misreading of a Bloomberg News report a few days earlier, which said that Chrysler would resume production in China for the first time since parent Fiat SpA bought the company — in addition to Chrysler’s production in Michigan, Illinois and Ohio.

Let’s set the record straight: Jeep has no intention of shifting production of its Jeep models out of North America to China,” Chrysler executive Gualberto Ranieri wrote in a statement, using italics for emphasis. “A careful and unbiased reading of the Bloomberg take would have saved unnecessary fantasies and extravagant comments.” Ranieri said the conclusion that it was moving all production to China was “a leap that would be difficult even for professional circus acrobats.”

But what’s particularly ridiculous here is that Romney is criticizing Chrysler’s global expansion. Since when do conservatives object to that? Is there anyone who believes for a nanosecond that expansion abroad by US multinational’s would be viewed critically by a Romney administration?

Back here in reality what we should be debating right about now is the relative positions of the candidates on policies that really matter to both auto production here and investment abroad. Gov. Romney opposed the government’s role in GM and Chrysler’s managed bankruptcy. Given the absence of private financing at the time, had he been in charge, these companies would have been facing liquidation. Instead, as the chart shows, the American auto industry has added 250,000 just since its turnaround (and not that this chart is a few months old; autos employment is up to 250K and sales are on track for 15 million this year).



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Posted by on November 1, 2012 in Economy, Education, Environment, Politics


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