Mitt Romney is doubling down on a claim he made earlier this year: that the President’s successful bailout of the auto industry was actually Romney’s idea. This from today’s interview with Carl Cameron of Fox News.
My view from the beginning was the auto companies needed to go through a managed bankruptcy. And ultimately, that’s what the president did. He finally took them through managed bankruptcy. But it took him six months to get there.
For some six months, Romney’s has been trying to retrospectively change his position on the autobailout, to position himself as the originator of a plan that proved successful. In fact, Romney supported a form of bankruptcy that most experts agree would have led to the liquidation of most or all of the US auto industry.
Josh Marshall is editor and publisher of TalkingPointsMemo.com.