Obama hails auto bailout as good news in Michigan (AP)
Jul 31st, 2010 | By admin | Category: Politics
AP – A year after the government’s big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration’s battle to revive a hurting U.S. economy. But his upbeat assessment can’t mask daunting challenges for U.S. automakers and painfully high unemployment.
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