Obama: Let's repeat auto industry success - POLITICO.com
PUEBLO, Colo. – President Obama, while villifying Mitt Romney for opposing the auto industry bailout, bragged about the success of his decision to provide government assistance and said he now wants to see every manufacturing industry come roaring back.
“I said, I believe in American workers, I believe in this American industry, and now the American auto industry has come roaring back,” he said.
“Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.
“I don’t want those jobs taking root in places like China, I want those jobs taking root in places like Pueblo,” Obama told a crowd gathered for a campaign rally at the Palace of Agriculture at the Colorado State Fairgrounds here.
QUESTIONS:
1. If the government tries to provide assistance to every industry, will there be any unintended consequences?
2. If every industry is supported by the government, who's going to bear the cost of providing this assistance?
3. President Obama says he doesn't want manufacturing jobs to "take root" in China. If you agree, which jobs do you think should take root in China? If no jobs take root in China, and China doesn't produce anything, would that make people in the U.S. better off or worse off? (Before you answer, check your television to see where it was produced.)
