Mike Johanns in A Governor`s Story, by Jennifer Granholm


On Corporations: Auto bailouts were worst investment you could possibly make

President Obama was back in Michigan to celebrate another success story: Automobile factories in Detroit had added new shifts. For the first time since 2000, employment in the auto industry had grown year over year; in all, 55,000 new jobs had been created.

He said, "So today, this industry is growing stronger. It's creating new jobs. We are moving forward. I want you to remember, though, that if some folks had their way, none of this would be happening. There were leaders in the 'just-say-no-crowd in Washington who didn't think it was a good idea. There was one who called it 'the worst investment you could possibly make' [Nebraska Republican senator Mike Johanns, who'd fought the loans].

Source: A Governor's Story, by Jennifer Granholm, p.223 Oct 1, 2005

The above quotations are from A Governor`s Story
The Fight for Jobs and America's Economic Future,

by Jennifer Granholm
.
Click here for other excerpts from A Governor`s Story
The Fight for Jobs and America's Economic Future,

by Jennifer Granholm
.
Click here for other excerpts by Mike Johanns.
Click here for a profile of Mike Johanns.
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