Friday, September 7, 2012

Obama and democrats keep claiming that GM is #1 because of the bailout... well... that isn't quite the truth. Looking at reasons rather than outcome is how we should judge policy. From politifact - "Obama's right that GM's sales, along with sales by its affiliates, were No. 1 in the world in 2011. But getting full credit for those affiliates isn't without controversy. Meanwhile, crediting the bailout with GM's No. 1 spot is a stretch in a year when GM also benefited from challenges faced by its key competition. It's also telling that Ford, which wasn't part of the bailout, also has thriving sales. Obama's claim is partially accurate, but leaves out some important details. "

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