In his powerful speech last night, Paul Ryan talked about Obama’s failed bailout of the auto industry which was merely a bailout of the UAW. That’s why it didn’t work and a managed bankruptcy would have been far better. It would have put the plants before the union.
Ryan talked about the Janesville plant in particular:
President Barack Obama, came to office during an economic crisis, as he has reminded us a time or two. Those are very tough days. And any fair measure of his record has to take that into account. My own state voted for President Obama. When he talked about change, many people liked the sound of it.
Especially in Janesville where we were about to lose a major factory. A lot of guys I went to high school with worked at that G.M. plant. Right there at that plant, candidate Obama said, “I believe that if our government is there to support you, this plant will be here for another 100 years.”..
That’s what he said in 2008. Well, as it turned out, that plant didn’t last another year. It is locked up and empty to this day.
Scott Walker explained the Janesville and Kenosha plant closings to Sharpton, Maddow and Schultz as their blood pressure rose and they tried to yell over him. They think Ryan lied about the Janesville plant which closed in June, 2009 while Obama was in office. They are under the misimpression that it closed in 2008 under Bush (blame Bush) but they were there until June fulfilling an Isuzu contract.
The Milwaukee Journal Sentinel provided the proof last September:
…General Motors Co. has committed to reopen its idled plant in Spring Hill, Tenn., and keep its shuttered assembly plant in Janesville on standby status.
…Since they were shut down in 2009, both the Janesville and Tennessee plants have been on standby status, meaning they were not producing vehicles, but they were not completely shut down.