Romney campaign aide claims auto bailout was Romney's idea
By Brendan Sasso - 04/28/12 01:28 PM ET
One of Mitt Romney's top advisers said Saturday that President Obama's decision to bailout Chrysler and General Motors was actually Romney's idea.
"[Romney's] position on the bailout was exactly what President Obama followed. I know it infuriates them to hear that," Eric Fehrnstrom, senior adviser to the Romney campaign, said.
"The only economic success that President Obama has had is because he followed Mitt Romney's advice."
The claim appears to be a shift from Mitt Romney's November 2008 op-ed in The New York Times, headlined, "Let Detroit go bankrupt."
But on Saturday, Fehrnstrom pointed out that in the op-ed, Romney called for a "managed bankruptcy" to get the auto companies back on stable financial footing.
"The fact that the auto companies today are profitable is because they've shed costs," Fehrnstrom said. "The reason they shed those costs and have got their employee labor contracts less expensive is because they went through that managed bankruptcy process. It is exactly what Mitt Romney told them to do."
But during the primary campaign, Romney repeatedly attacked Obama for lending billions of dollars in government money to the auto companies.