A Project of The Annenberg Public Policy Center

Loss of Automaker Jobs?

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.

Keeping Quiet?

Summary
A new McCain-Palin ad says that "McCain and his congressional allies led" on the financial crisis while Obama was "mum." That's simply not true:

Obama has in fact made several statements about the crisis on Wall Street in recent days, delivering his most specific remarks on how government regulations should be changed on Sept. 22, a day before this ad was released.
McCain gave his most detailed speech on a response to the crisis on Sept.