U.S. union groups early this year began a campaign to persuade President Barack Obama to clamp down on imports of auto parts from China, which they said are unfairly subsidized and threatened 1.6 million jobs in all 50 states. (Photo : REUTERS)
President Barack Obama started his two-day tour of the swing states in Ohio and Pennsylvania on Thursday, touting his bailout of U.S. auto industry in his campaign against his rival Romney for the next presidency.
Obama said that he took a great risk at the bailout of struggling automakers. China has imposed extremely high duty on U.S. made vehicles and claimed that the government’s rescue of the automakers was illicit. United States believed that the tariff China imposed was inappropriate and has filed a trade complaint against China with the World Trade Organization. Obama’s rival Romney also highly chastised him for involving government in the rescue effort.
Like Us on Facebook
"My experience has been in saving the American auto industry.” Obama said at a gathering in Maumee, Ohio.
“And as long as I'm president that's what I'm going to be doing, waking up every single day thinking about how we can create more jobs for your families,"
Obama said auto industries in the country had come roaring back since he required the government to bailout out struggling automakers. He pointed to a nearby Chrysler factory that they were ready to hire more than 1,000 workers as a proof that economy is improving.
Obama’s Auto bailout may give him an upper hand against his rival Romney in the election year according to Ohio voters.
“The bailout will certainly help him. It’s definitely working,” Linda Schneider of Maumee said.
Thomas Hutton of Toledo had a different opinion, believing that the bailout would not a decisive campaign issue.
“It’s a side issue. The big ones are the economy and health care,” he said.
Meanwhile, the bus tour happened to coincide with Labor Department’s monthly jobs report today, which showed that only 69,000 jobs were created in May, falling short of expectation. The report also resulted in doubt of Obama’s team to bring economy back on track. Romney criticized Obama for having no new measure to revive the economy from his vacation in New Hampshire.