That sounded great in 2912. It doesn’t sound great this year.
Obama bailed out the auto companies, as he bragged, but that did not save Detroit.
Nothing saved Detroit. Detroit died of politically self-inflicted wounds. It was the welfare state model of America. It therefore went belly-up.
Obama kicked the can. The can is now too large to be kicked.
Obama has been quiet about Detroit’s bankruptcy. Given what he said in October 2012, this is a wise policy.
He will not get a bailout from the House of Representatives. House Republicans are not in the habit of bailing out Democrat-controlled cities.