http://thinkprogress.org/economy/2012/08/30/776711/bush-administration-gm-ryan/
By Zack Beauchamp posted from ThinkProgress Economy on Aug 30, 2012
Rep. Paul Ryan (R-WI) claimed during his convention speech Wednesday that President Obama is responsible for the closure of a GM plant in Janesville, Wisconsin. However, as many media outlets have noted, GM announced plans to close the plant in June ’08 — long before Obama was even elected — and it ceased major operations in December of that year.
For proof, just ask one of the more prominent supporters of the Janesville plant shutdown — the George W. Bush Administration. After all, the closure was part of a broader GM restructuring initiative that the then-President supported. White House Press Secretary Dana Perino even praised it as evidence of GM “adapting well:”
The White House called the announcement a sign that the auto giant was “adapting well” to market shifts.
“It’s a sign that Detroit continues to adapt and evolve and address the change in consumer tastes and attitudes. And I think that they’re adapting well,” spokeswoman Dana Perino said.
“And they’ll make these changes, and hopefully be able to pull themselves up out of what has been a rough several years,” she said. …
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