Obama reelection campaign launches auto bailout commercial

The 2008 economic collapse in the U.S. led to what many experts call the worst recession since the Great Depression. Among the many casualties of the recession was the U.S. auto industry, which (arguably) was saved thanks to $25 billion in cash from the Bush Administration in 2008 and another $60 billion from the Obama Administration in 2009.
The Detroit News reports that 51 percent of Americans opposed the bailouts, with more Republicans being against the moves than Democrats. We're guessing far more Michigan residents were in favor of government intervention than the U.S.



Autoblog, Obama reelection campaign launches auto bailout commercial