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President Obama’s bailout of the auto industry was both praised and criticized throughout the election season. Now, exit polling data shows the decision so many thought might cost him the votes of those concerned with the economy was actually one that helped the President secure Ohio, which was nearly tied until the end.
Data from the Associated Press revealed most Ohio voters stood behind the president’s decision to bail out General Motors and Chrysler. Ohioans were evenly split on who they believed would be best to fix the economy, but the fact that one in eight jobs in Ohio is tied to the auto industry gave Obama an edge as the middle class cast their ballots.
The latest from the Obama campaign this week is a 30-second spot calling Romney’s former company, Bain Capital, a pioneer in outsourcing jobs.
The contrast piece highlights Romney’s tax cuts for companies who ship jobs over seas, while playing up on Obama’s desire to keep jobs at home and give tax cuts to businesses who do the same. It also mentions Obama’s fight to save the automotive industry.
The ad will air in Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia.
"It’ll be a shot in the arm for everybody," said Jack O’Donnell, business manager for the Iron Workers Local 25 in Novi. He says his 2,000 or so active members have seen work dry up as some sites in metro Detroit sit unfinished — victims of the slack economy.
What comes to mind when you think of Michigan? Is it Detroit? The Great Lakes? Harsh winters? Big-ish cities?
Throw what you know on the back burner because during this election season, one thing will be on the minds of all across the state: The economy.
Michigan isn’t alone with its economic issues — and that might sound like a broken record throughout the country — but it’s of utmost concern for the 8.3-percent unemployed citizens and their families.
The state is home to the “Big Three” auto companies, and during the worst of the recession in August 2009, unemployment skyrocketed to 14.2 percent thanks to job cuts from those companies and others associated with the industry.