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03

Obama Asks Bush to Provide Help for Automakers

   
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Title: Obama Asks Bush to Provide Help for Automakers
 
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Subject: Business
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Date: December 18, 1997
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Length: 6 / 1421
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How Mr. Obama responds to the industry’s dire straits will indicate how much government intervention in the private sector he is willing to tolerate. It will also offer hints of how he will approach his job under pressure, testing the limits of his conciliation toward the opposition party and his willingness to stand up to the interest groups in his own...
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Obama has been far more receptive than Mr. Bush to having the government intervene to rescue another major sector of the economy. He called automakers “the backbone of American manufacturing” in his first post-election press conference last Friday, and many thousands of their employees belong to unions that are part of the Democratic Party’s base...
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