Mitt Romney: ‘I’ll Take A Lot Of Credit’ For Auto Industry Recovery

In a Monday interview with Cleveland’s WEWS-TV, presumptive Republican nominee Mitt Romney said he will “take a lot of credit” for an American auto industry recovery because he had openly called for “managed bankruptcy.”

“I pushed the idea of a managed bankruptcy,” Romney said, referring to his 2008 New York Times op-ed in which he opposed a bailout and advocated for a federally-managed bankruptcy.

Romney added that when that managed bankruptcy occurred “and help was given, the companies got back on their feet.” And so, Romney said, “I’ll take a lot of credit for the fact that this industry’s come back,” he added.

President Obama‘s campaign co-chair Ted Strickland responded in turn, claiming that Romney was being dishonest:

Mitt Romney may think he can fool the American people by hiding his belief that we should ‘let Detroit go bankrupt,’ but the American people won’t let him. His comments today that he will ‘take a lot of credit that the [auto] industry has come back’ are a new low in dishonesty, even for him. Mitt Romney seems to think Americans will just forget the past and his very vocal and clear opposition to the successful auto rescue.

Romney’s insistence on “a lot of credit” does seem like a silly move. And I wonder: will Romney also happily take credit for the enormous costs the government-assisted “rescue” of GM and Chrysler imposed upon the American economy?

Check out the interview below, via WEWS-TV:

(H/T CNN Politics)

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