Romney: I would have done auto bailout better than Obama [View all]

[WI_DEM]

As part of his swing through Michigan on Tuesday, Mitt Romney and his wife, Ann, did several sit-down interviews with local television stations. And, as usually is the case in the Wolverine State, the governor was pressed to explain his sometimes-tortured position on the bailout of the automobile industry.

"My policy had the same objective as the people in Detroit: I wanted to see the auto industry thrive and grow, and felt it needed a managed bankruptcy to be able to do so. It took the president a little longer to come around to that way of thinking," Romney told WOOD TV8, according to a portion of the interview the network previewed. "He ultimately took the auto industry through bankruptcy. They went through that process. And now, with support they have received from government and the American people, they have come back strong. That's a good thing. I would have done it faster than he did and saved us about $20 billion."

http://www.huffingtonpost.com/2012/06/19/romney-auto-bailout-cheap_n_1610779.html?1340154951