The New Republic: Obama's Auto Bailout Victory
TNR/NPR
by E.J. Dionne Jr.
August 2, 2010
E.J. Dionne, Jr. is the author of the recently published Souled Out: Reclaiming Faith and Politics After the Religious Right. He is a Washington Post columnist, a senior fellow at the Brookings Institution, and a professor at Georgetown University.
Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points?
But don't for an instant imagine that the comeback of the nation's rescued car companies, particularly General Motors, will change the way we debate government's role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words ("socialism") trump data.
Let there be no mistake: rescuing GM and Chrysler took political courage, and I want to put in a good word not only for President Obama but also for George W. Bush.
(Continued....)
by E.J. Dionne Jr.
August 2, 2010
E.J. Dionne, Jr. is the author of the recently published Souled Out: Reclaiming Faith and Politics After the Religious Right. He is a Washington Post columnist, a senior fellow at the Brookings Institution, and a professor at Georgetown University.
Who could have imagined that the bailout of the auto industry, one of the single most unpopular moves by the Obama administration, would become one of its best talking points?
But don't for an instant imagine that the comeback of the nation's rescued car companies, particularly General Motors, will change the way we debate government's role in the economy. When it comes to almost anything the government does, ideology trumps facts, slogans trump reality, and loaded words ("socialism") trump data.
Let there be no mistake: rescuing GM and Chrysler took political courage, and I want to put in a good word not only for President Obama but also for George W. Bush.
(Continued....)
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