Political Quotes

Barack Obama: For the auto industry to completely collapse would be a disaster in this kind of environment, not just for individual…

On the recordNovember 16, 2008
For the auto industry to completely collapse would be a disaster in this kind of environment, not just for individual families but the repercussions across the economy would be dire. So it's my belief that we need to provide assistance to the auto industry. But I think that it can't be a blank check.
Said by
Barack Obama
Democratic · Illinois

Editor's note · Context

Obama emphasizes the need for assistance to the auto industry while cautioning against providing unrestricted financial support.

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