Throwing money at the auto industry is not going to help it long term. If you just write a check that you're going to see these companies go out of business ultimately, what you can't do is just send a big check. Billions and billions of dollars was written to bail out the industry. The government was willing to write checks and bail them out. The bailout program wasted a lot of money. The government wrote those checks, wasted money. Wrote checks to the auto industry. I wouldn't have just written checks. I said don't write checks. Don't just write them checks. Don't write them a check.
On the recordFebruary 15, 2012
Source
transcripts.cnn.comEditor's note · Context
Romney discusses his opposition to the auto industry bailouts and the inefficacy of simply providing financial aid without a proper plan.
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