Political Quotes

“3 years ago, the American auto industry was on the verge of collapse, and millions of American jobs were in jeopardy. When President Obama decided to rescue the American auto industry, many critics opposed him. But, today, the auto industry is resurging thanks to the tough decisions our President made in times of economic crisis. President Obama stood by the American business community and our auto industry. As a result of his firm commitment and demonstration of leadership, jobs were saved. Some 1.4 million jobs were going to be lost up and down the supply chain of the auto industry if President Obama had not taken action to provide for the needs of millions of American families at a time of such great economic insecurity in our Nation. And now it's paying off. The auto industry has added more than 200,000 jobs in the last 2\1/2\ years. Last but not least, General Motors Company is once again the world's top auto manufacturer. In 2011, profits were $7.6 billion, its largest ever. Mr. Speaker, I commend President Obama for the bold decisions he made to rescue our Nation's auto industry, and I thank him for standing with our country's workers and for leading our Nation out of the most serious economic recession since the Great Depression of 1929. ____________________”