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Did Barack Obama or did mitt Romney initiate a rescue of the us auto industry?
Wiki User
∙ 11y ago
The rescue of the auto industry occurred under the leadership of President Obama; at the time, Mitt Romney was opposed to it, a stance that hurt him in swing states during the election.
Wiki User
∙ 11y ago
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Did Mitt Romney initiate a rescue of the Us auto industry?
yes in 2011
Did Barack Obama initiate a rescue of the US auto industry?
Yes. Many economists believe that he did in fact rescue the American auto industry by initiating a program of loans and helping the major car manufacturers to avoid bankruptcy. Contrary to partisan myths, his plan was not a "bail-out" per se; rather, it required paying back the loans and also required restructuring by the companies receiving the money (cutting waste, reducing costs, etc.). As a result, the auto industry survived, and many jobs were saved. And the companies have, for the most part, repaid the money they were lent.
Who initiated the rescue of the US auto industry?
Most sources credit President Obama with taking the initiative to rescue the auto industry.
Which presidential candidate initiated a rescue of the us auto industry?
obama
What will you do if you see a drowning child?
That depends on whether you can swim! If you can swim, initiate rescue. If you cannot swim, don't become the 2nd drowning victim.
Who voted for Barack Obama?
Mr. Obama was elected in 2012 as a result of strong support from single women, young adults, Hispanic-Americans, Asian Americans, and African-Americans. He also did well in swing states like Michigan and Ohio, where working-class males appreciated his rescue of the auto industry.
Is barack obama a better president than Mitt Romney?
It depends on who is answering the question. President Obama's supporters believe he inherited a disastrous situation from President Bush and helped to make things much better, against difficult odds that included a world-wide global economic crisis. The supporters of the president also point to his many accomplishments, including the rescue of the auto industry, ending the Iraq war, the reform of health care (expanding access to millions of Americans), championing legislation that gives women equal pay for equal work, leading the mission that killed Osama Bin Laden, etc. But the president's opponents disagree. Mitt Romney and his supporters believe the president has not turned the country's economy around and that he has been a failed president. Mr. Romney believes he can do a better job than President Obama did. Only time will tell which candidate wins the 2012 election.
What does Obama have to face in the 2012 election?
During the 2012 election, Mr. Obama faced a strong challenge from former governor and business executive Mitt Romney. Romney and the Republicans said that the president had been unsuccessful in getting the economy back on track and it was time for a change; Romney stressed his business experience as a prosperous venture capitalist. But the majority of the voters believed that the president had the economy moving in the right direction and they did not feel comfortable with Romney, who was perceived by many as a plutocrat. The voters also approved of many of President Obama's decisions, including his rescue of the auto industry and his handling of Hurricane Sandy. On November 6th, 2012, the president was re-elected. But he still faces a congress that is divided, with few members who want to compromise with the other party, and he still faces an economy that is growing more slowly than he had hoped.
Why is Barack Obama notiable?
In no particular order: Federal funding of stem cell research; closer oversight of the financial services/credit card industry; ratification of the nuclear weapons reduction treaty with Russia; rescue of the US automobile industry; health insurance reform; timetables for bringing our troops home from Iraq and Afghanistan; extension of unemployment compensation; an end to discrimination against homosexuals in the military; assisted in the overthrow of Gaddafi, at no loss of American life.
What does NOT cause to initiate self rescue procedures during a PRCS entry?
Not having the required subway fare to Bethnal Green from Kings Cross on a Sunday morning prior to 09:00 does not cause such a response.
What was the response of the government after the Japanese earthquake?
The Japanese Government activated the JSDF (Japanese Self Defense Force) which has the capabilities in manpower and material to initiate rescue operations and provide supplies to areas where it's most needed .
How do you use mission in a sentence?
And so he departed that day on the sacred mission to rescue his fair lady from the clutches of the nefarious sorcerer, Rothbart. I am on a mission to end world hunger. Obama's mission is to attain reelection, and the Romney's goal is to defeat him.
