GM is once again the largest carmaker in the world. 1,450,000 jobs have been saved. GM has had its largest — ever. Michigan has it's lowest unemployment rate in three years. GM will be able to pay off its loans in a short amount of time. Yet Mitt Romney still defends his stance of "Let Detroit Go Bankrupt," believing that Detroit could have rebuilt itself. Much like how I am building a factory outside my house without any money. Several conservative publications have even said that they were wrong about letting Detroit go bankrupt. Maybe it's time for Romney to admit he was wrong, so that he can start doing something other than praising the height of the trees and the color of the grass in Michigan.
But of course, government intervention never works. Please ignore this event.
"A Million Jobs." Editorial. The New York Times 26 Feb. 2012. The New York Times. The New York
Times, 25 Feb. 2012. Web. 26 Feb. 2012.
"GM Earns Its Highest Profit Ever in 2011 with $7.6 Billion; Overseas Losses Cut 4Q Profit."
Washington Post. The Washington Post, 16 Feb. 2012. Web. 26 Feb. 2012.
Jamieson, Dave. "Mitt Romney Defends 2008 Stance to 'Let Detroit Go Bankrupt'" The Huffington Post.
TheHuffingtonPost.com, 22 Feb. 2012. Web. 26 Feb. 2012.
But of course, government intervention never works. Please ignore this event.
"A Million Jobs." Editorial. The New York Times 26 Feb. 2012. The New York Times. The New York
Times, 25 Feb. 2012. Web. 26 Feb. 2012.
"GM Earns Its Highest Profit Ever in 2011 with $7.6 Billion; Overseas Losses Cut 4Q Profit."
Washington Post. The Washington Post, 16 Feb. 2012. Web. 26 Feb. 2012.
Jamieson, Dave. "Mitt Romney Defends 2008 Stance to 'Let Detroit Go Bankrupt'" The Huffington Post.
TheHuffingtonPost.com, 22 Feb. 2012. Web. 26 Feb. 2012.
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