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[personal profile] maxomai
The Obama campaign and its various proxies are hoping to score hits with this ad:



Here, Obama's team is presenting the auto industry bailouts as a progressive, populist economic policy - one that was successful, one that Romney opposed. It's narrative-setting and potentially devastating. It's also a damn good thing to be rolling out right now, because the Republican narrative on rising gas prices is clearly taking its toll on the President in the polls (as per the Rasmussen tracker, which as of yesterday had the race too close to call).

Date: 2012-03-01 08:13 am (UTC)
From: [identity profile] victorine.livejournal.com
Am I mistaken in thinking that the auto industry had to pay back their bailout? Did the banking industry?

Date: 2012-03-01 08:20 am (UTC)
From: [identity profile] maxomai.livejournal.com
As far as I know, they're both expected to pay back their bailouts. As far as I know, neither the banks nor the GM nor Chrysler have done this. (Ford never took a bailout.)

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