Wednesday, November 19, 2008

Romney in 2012? We'll Remember This

Mitt Romney may have just dealt a big set-back to any presidential plans he may have for 2012.

In an op-ed piece for The New York Times on Wednesday (Nov. 19, 2008) the Michigan native argues that America's automakers should be allowed to go bankrupt.

Romney shows himself to be totally out of touch with what has gone on with the American auto industry in recent years -- the massive restructuring and down-sizing that already has taken place, the investment in new products such as the Chevy Volt that are soon to be released, and the supportive role that the UAW has played in this.

Most out of touch is his criticism of the $2,000 discrepancy between pay and benefits in domestic automakers' costs vs. foreign ones, which he of course blames on the workers and retirees. That $2,000 is almost entirely due to the absence of universal health care in this country, which forces automakers to pick up the slack.

We'll remember this, Mitt. Elephants aren't the only ones with long memories.

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