Despite Obama Carping About The Auto Bailotus, Detroit News Endorses Romney

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Written By:
Rob Port

Oct 25, 2012
3:14pm

During the last presidential debate Barack Obama accused Mitt Romney of wanting to let the auto bailouts fail. That wasn’t an entirely accurate accusation given that what Romney supported was allowing them to go into bankruptcy to shed some of their debt and overhead in order to emerge with a new, and more profitable, business model.

Obama and Democrats couldn’t let that happen, because in bankruptcy proceedings their friends in the auto unions might have had to restructure their contracts. And, indeed, Obama has championed himself as the savior of the domestic auto industry. Remember that “GM is alive and Osama is dead” campaign slogan?

Anyway, as an indication of just how little traction Obama’s getting as the King of the Auto Bailouts, consider that the hometown newspaper of the US auto industry…is endorsing Mitt Romney.

Hope and change are still what Americans are seeking. This time, Republican challenger and Michigan native Mitt Romney offers the best hope of changing the nation’s fate.

We anticipate that Romney will govern in the same manner as Michigan Gov. Rick Snyder, a practical leader who shares his background as a business executive.

Snyder has rapidly set Michigan on the path to revival by applying sound business practices and accountability to government operations. We expect that Romney will also employ a results-oriented approach and be ever mindful of his customer, the taxpayer.

Also like Snyder, we find Romney to be less partisan than the typical politician, and not bound by rigid ideology. The nation will be best served if the entrenched disagreements of the past four years give way to cooperation and achievement. …

Romney has been an effective leader his entire career, both in business and politics. As governor of Massachusetts, he worked with a Democratic legislature to produce difficult health care and education reforms. We are optimistic he can restore the art of compromise to Washington.

I’m not sure how much newspaper endorsements even matter any more, but this can’t hurt Romney. And, for what it’s worth, the latest polling out of Michigan shows a dead heat.