President Barack Obama rejected rival Mitt Romney's claim he deserves credit for the turnaround of the U.S. auto industry and said automakers would have collapsed under Romney's plan.Republican presumptive nominee Mitt Romney told a Cleveland TV station Monday he deserves "a lot of the credit" for revival of Detroit's Big Three automakers.
"I think this is one of his Etch-a-Sketch moments. I don't think anybody takes that seriously," Obama told ABC News. "People remember his position, which was, 'Let's let Detroit go bankrupt' and his opposition to government — government involvement in making sure that GM and Chrysler didn't go under."
Read Article