Media Matters: President Obama Saved At Least 1.5 Million Jobs in 2009
Fox News and the entire right-wing noise machine relentlessly denounced Obama as he tried to rescue American manufacturing jobs, which the federal bailout eventually did. One independent study estimated the aggressive government move saved 1.5 million jobs. “This peacetime intervention in the private sector by the U.S. government will be viewed as one of the most successful interventions in U.S. economic history," the study’s author wrote.
Lots of people might forget, especially in light of the bailout’s stunning success, but Obama’s push to help the Detroit industry once served as a defining line of GOP attack. The bailout symbolized the dangers of Obama's alleged socialist/gangster leanings. This, despite the fact it was actually President George W. Bush who unveiled the first phase of the bailout plan during the final weeks of his presidency, in order to "avoid a collapse of the U.S. auto industry."
snip
Remember how Varney this week toasted Trump for having “strong-armed” Carrier? Back in 2009, the host was furious that Obama was allegedly trying strong arm the public into buying American cars: “[N]ow you're in the position where the government somehow has to coerce or force us all into buying the small cars that it insists Detroit puts out." (Varney routinely whined that Obama was a “bully” to business.)
snip
If only Obama had saved 1,000 Carrier jobs instead.
http://mediamatters.org/blog/2016/12/01/fox-news-cheers-trump-over-1000-carrier-jobs-denounced-obama-saving-15-million-auto-industry-jobs/214676
It is not just Fox News. It is the entire main stream media that is promoting Trump while ignoring what President Obama did for the American auto industry. How many news organizations have stated that Trump's deal to save 1,000 Carrier jobs is small fries compared to what President Obama did in 2009? This Carrier deal saved less than 1 percent of the number of jobs that were saved in 2009.
= new reply since forum marked as read
