Donald Trump took multiple bows for getting Ford to change its plans to build new manufacturing facilities in Mexico. The problem: Ford says it hasn’t changed its plans at all.
Q: Would 3 million jobs be lost if U.S. automakers go under?
A: The 3-million-jobs figure is based on doomsday assumptions that are unlikely to materialize. Independent economists put the job loss in the hundreds of thousands if GM and Chrysler go under. Ford has said it can survive on its own for now.
Summary A new Obama ad targeted to Michigan voters says McCain "refused to support loan guarantees for the auto industry." That was true, but it’s not now – and it […]