White House White Board: The Rebirth of the American Auto Industry

In the fourth edition of White House White Board, Austan Goolsbee, Chairman of the Council of Economic Advisers, discusses the President's tough decisions on the American auto industry in light of the General Motors IPO.

Category:

News & Politics

Tags:

• President
• Barack
• Obama
• White Board
• GM
• General Motors
• Auto
• Industry
• America

[wullebulle123]

Austan is cool

[scottj1988]

Is this a Joke?

[2012ForObama]

Obama knows what he's doing, you just have to trust.

[idesofmarchUNIAEA]

I did not catch the 40 BILLION in tax breaks in your model.You wouldn't be "Lying" would you?If P then Q, the market will catch up with you.Your parents deserve a refund from Yale.You misrepresent the critics points.At what cost ($/job saved)?You left out the bond holders you screwed, further weakening confidence in our financial system.Confiscating dealerships was absent.Obama could not do more to destroy the system if he had planned it. His perverted world view came from his commie mentors.

[Emmets]

I want Obama for president in Spain...!

[bushiman32]

America was based on this ideal and it always works

[09geauxtigers]

How many advisors has Obama gone through in the past 2 1/2 years? Obama is done. Double dip recession coming soon!!! None of his economic advisors have never owned or ran a businees. They have no idea what they are doing. Say hello to government cheese, long unemployment lines, more food stamps and welfare. The middle class is done. China dumped 97% of US government t-bills this week. They know Obama is a joke.

[kjshins]

@EmpathyWorks Go on Google finance, type in GM, then hit "3M," not looking to hot now, even without paying taxes.

[bass109]

Jesus is future king of earth, repent for his judgement comes. Jesus loves you

[ReliableInsider]

@bsharker

The reason the Republicans in Washington have been fighting Obama tooth and nail is that the banking industry and the health insurance industry and the oil industry and corrupt private military contractors have been PAYING them to.

Republican Members of Congress are scared that Obama's going to fix the economy too quickly and they're ALL going to be out of a job.

They filibustered everything. America should have punished them for that in the voting booth.

[theaznfishy]

It's unfortunate that a lot of people here are still uninformed, despite the fact they were bailed out, they're STILL borrowing money from the government, AKA: you basically put them on life support and they're not getting better. It would probably have been better to allow them to be liquidated so other car manufacturers and such could expand and take in more employees. GG government, you saved a dying race horse, but its still not running any races.

[universalmusac]

@TomThumbsFables Your first mistake was trusting your government whole heartedly.