Apr

09

2012

Paid Back the Auto-Bailout You Say?

by Steve MacDonald

Kevin A. Hassett at AEI has an article (also available in the most recent print edition of National Review) in which he addresses the many fictions of the Obama auto-bailout.  You can read it here, but what caught my eye was the nifty graphic that went with it. It suggests what Hassett articulates in his article.  That if you consider the 37.14 Billion in outstanding debt–primarily owed to taxpayers by GM–is GM really doing as well as Obama and bailout advocates insist?

AEI.org Obama's Auto Bailout Fiction

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by Steve MacDonald

Steve is a New Hampshire resident, blogger and activist. He is a husband, Dad, homeowner, info junkie & dog lover who works a day job, and is also starting a small business. He is a member of the Coalition of New Hampshire taxpayers, is on the board of the Republican Liberty Caucus of New Hampshire, has done political radio, and currently helps to produce GrokTALK! and GrokTV!. Note: My opinions are my own and not those of my Family, employers, or other contributors or commenters at GraniteGrok

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