Obamanomics: Bailing Out 'Every Industry' GM-Style Would Cost $17 Trillion: "Yesterday, speaking in Pueblo, Colorado, President Obama uttered the following unbelievable paragraph:
I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back. Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
There are two problems with this statement. The first is factual. The second is ideological."
'via Blog this'