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?
Paid Back the Auto-Bailout You Say?
Steve is a long-time New Hampshire resident, blogger, and a member of the Board of directors of The 603 Alliance. He is the Managing Editor and co-owner of GraniteGrok.com, a former board member of the Republican Liberty Caucus of New Hampshire, and a past contributor to the Franklin Center for Public Policy.