1. Obama Uses Auto Bailout Success for Re-election Campaign
... name, Obama drew attention to a decision he made at the beginning of his term - bailing out the auto industry (Nicholas). "This industry is back on its feet, repaying its debts, gaining ground," Obama told employees of Chrysler Group. "Because of you, we can once again say ... "investment" that would cost taxpayers "not a dime," the bailout cost billions (Graver). An estimated $14 billion of the $80 billion spent by the Obama and Bush administrations will come directly from the taxpayers' pockets. However, the auto companies are adding jobs and gaining market share against international...
- Word Count: 806
- Approx Pages: 3
- Has Bibliography
- Grade Level: High School