White House Advisor Explains “The Rebirth of the American Auto Industry”

Note: Austan Goolsbee, Chairman of the Council of Economic Advisers, hits the white board to offer a simplistic explanation about President Obama’s informed decisions on bailing out GM … and Chrysler … and saving the American auto industry … watch it to the end … it was all about SAVING AMERICAN JOBS!!! … unfortunately without level enforceable trade and currency policies in place that level the playing field for American manufacturers … and despite the immediate success of government intervention … the auto industry in the United States was just given a short reprieve … it remains “on borrowed time”

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