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Just a few years ago, the auto industry wasn’t just struggling – it was flatlining. GM and Chrysler were on the verge of collapse. Suppliers and distributors were at risk of going under. More than a million jobs across the country were on the line – and not just auto jobs, but the jobs of teachers, small business owners, and everyone in communities that depend on this great American industry.

But we refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way.

All hail the American auto industry, the focus of this week's success story in this morning's weekly address by President Obama.

Not only was the huge sector saved, but all the ancillary businesses dependent upon and the communities built around it—and all the jobs saved in a cascading effect of rescuing the ailing industry. All this, the president pointed out, was achieved while also fuel standards were raised and trade agreements were put in place to keep American car technology cutting edge and competitive.

So next time you see one of those brand new 2013 models on TV or on the lot, think about how far we’ve come together. Think about how – thanks to the hard work and can-do spirit of the American people – more of those cars and trucks are being manufactured by American workers at American companies in communities all across the country. And they’re going to save you more money at the pump.
But there's more to it than just this one industry, the president claimed. The lesson learned through dealing with the industry's economic woes is larger than this one instance:
That’s what America is all about. When we get knocked down, we get back up. We come back stronger. And as long as I’m President, that’s what we’ll keep doing.
Sounds a heck of a lot more positive than the message of gloom and doom Team Romney is trying to sell on the stump.

To read the transcript in full, check below the fold or visit the White House website.

Remarks of President Barack Obama
Weekly Address
The White House
October 13, 2012

Hi, everybody.

Every year around this time, American car companies start rolling out their newest, shiniest models, hoping to entice you into buying one. It’s Detroit’s chance to show you what they’ve been working on – the latest and greatest. And this year is no exception. They’ve got some pretty good-looking cars coming out.

But something is different this time around – and it starts with the auto companies themselves.

Just a few years ago, the auto industry wasn’t just struggling – it was flatlining. GM and Chrysler were on the verge of collapse. Suppliers and distributors were at risk of going under. More than a million jobs across the country were on the line – and not just auto jobs, but the jobs of teachers, small business owners, and everyone in communities that depend on this great American industry.

But we refused to throw in the towel and do nothing. We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way.

Today, auto sales are the highest they’ve been in more than four years. GM is back. Ford and Chrysler are growing again. Together, our auto industry has created nearly a quarter of a million new jobs right here in America.

And we’re not just making more cars and trucks – we’re making better ones.

After 30 years of inaction, we raised fuel standards so that by the middle of the next decade, cars and light trucks will average almost 55 miles per gallon – nearly double what they get today. That means you’ll only have to fill up every two weeks instead of every week. It’s good for your wallet, it’s good for our economy, and it’s good for the environment.

The technology that makes it happen will also help America stay on the cutting edge for decades to come. Just this week, GM announced they plan to hire 1,500 workers for a new research center in Michigan to help make sure the high-tech cars of tomorrow are designed and built right here in America.

I’ve also signed new bipartisan trade agreements into law, because I want to see more cars on the road in places like South Korea imported from Detroit and Toledo and Chicago.

All of this is something the American people can and should be proud of. It’s a reminder that when the American people put their mind to something, there’s nothing we can’t do.

So next time you see one of those brand new 2013 models on TV or on the lot, think about how far we’ve come together. Think about how – thanks to the hard work and can-do spirit of the American people – more of those cars and trucks are being manufactured by American workers at American companies in communities all across the country. And they’re going to save you more money at the pump.

That’s what America is all about. When we get knocked down, we get back up. We come back stronger. And as long as I’m President, that’s what we’ll keep doing.

Thanks, and have a great weekend.
 

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Comment Preferences

  •  Good message. Glad to see the (7+ / 0-)

    little line tossed in about trade agreements, since

    Republican presidential nominee Mitt Romney claimed President Barack Obama “has not signed one new free trade agreement in the past four years,” and promised to “reverse that failure.”
    Raw Story (http://s.tt/...)
    Every opportunity that President Obama can tout his record boldly, and counter such lies is positive.

    "My dear friends, your vote is precious, almost sacred. It is the most powerful nonviolent tool we have to create a more perfect union." ---Representative John Lewis

    by SottoVoce on Sat Oct 13, 2012 at 07:05:08 AM PDT

  •  Looking FORWARD to next hearing a vision of the (1+ / 0-)
    Recommended by:
    dkosdan

    next stimulus program that will repair, replace or transform our crumbling infrastructure including our energy choices, put millions to work, slow climate change, and show once again the the Democratic Party is the party of the people!!!!

    Report: More stimulus needed through 2013 for economic growth
    By Vicki Needham - 09/24/12 12:32 PM ET

    More monetary and fiscal stimulus is needed through next year to boost the economic recovery, curtailing measures the following year, according to a survey of economists released Monday.

    About 45 percent say more stimulus is necessary through 2013 while 54 percent say polices should become more restrictive the following year, up from the 33 percent who suggest tightening to begin next year, according to a survey released Monday by the National Association for Business Economics (NABE).

    Extending the payroll tax cuts, current marginal income tax rates and current tax rates for dividends and capital gains for most or all taxpayers is what is needed through, at least, next year, according to a majority of respondents.

    In addition, about 75 percent say sequestration should not go into effect next year.

    Most, 87 percent, say that uncertainty about fiscal policy is holding back the pace of economic recovery.

    Move Single Payer Forward? Join 18,000 Doctors of PNHP and 185,000 member National Nurses United

    by divineorder on Sat Oct 13, 2012 at 07:07:07 AM PDT

    •  easiest stimulus would be HARP 3.0 (2+ / 0-)
      Recommended by:
      divineorder, sethtriggs

      that alone would hundreds of dollars back into the hands of american homeowners every month. it would only cost 4 billion to guarantee the refinancing for every refinanced mortgage.

      but the ROI would be tremendous. I know I personally would have any where from an extra 400 to 700 dollars a MONTH if I could refinance my mortgage. I;m paying 3x the going interest rate right now.

      For the record, I am not a member of Courtesy Kos. Just so you know. Don't be stupid. It's election season. My patience is short.

      by mdmslle on Sat Oct 13, 2012 at 07:48:04 AM PDT

      [ Parent ]

    •  Stimulus would be great, if you had a Democratic (2+ / 0-)
      Recommended by:
      Dirtandiron, sethtriggs

      House and a filibuster proof Senate. Otherwise, forget about it. Perhaps some Republicans can be shamed into some jobs bills or forced to compromise by the fiscal cliff. But, the corporate media has so demonized the stimulus, which undoubtedly saved America from a another great depression, it would probably cost Obama votes right now to talk about another stimulus. It's better to just talk about the Jobs Act and plans for education and infrastructure. Using the word "stimulus" right now is, despite the unfairness, a toxic term.

      Just doing my part to piss off right wing nuts, one smart ass comment at a time.

      by tekno2600 on Sat Oct 13, 2012 at 08:32:27 AM PDT

      [ Parent ]

  •  Saved the auto industry? You're kidding! (1+ / 0-)
    Recommended by:
    snoopydawg

    Saved investors. Saved banks that were shareholders. Saved bondholders.

    But, now you can work on the American automakers' assembly line for a prince's wages of $14 an hour, while German workers make four times as much in the same job.

    Saved the campaign contributors. Saved the rich folks from any losses.

    Destroyed unions. Made a great manufacturing job into a junk job through yet another "calculated" bankruptcy.

    Saviors don't screw the worker and kiss the bosses at every turn.

  •  Prez Has to Be Obama-One-Note on This Issue (4+ / 0-)
    Recommended by:
    GOPGO2H3LL, Bush Bites, Laiane, nominalize

    From now until November 6, Obama and Biden must sing this tune at the top of their lungs from Scranton to Oshkosh as Matthews would say.  GM announced last week they will add 2,000 jobs in Michigan alone, but Big O - or Joe - has said nothing of it this week.  Joe was in my town yesterday - La Crosse, Wisconsin - and did not utter the words "General Motors".  

    Americans love cars.  Cars are in the culture and in the blood.  Obama can shove this issue up Romney's butt 24/7 and all Willard can do is squirm.  

    Leo Durocher said, "Nice guys finish last".  He was right.  Obama has to take the gloves off and get into the ring, or he will be the nice guy who finishes last.

  •  If he doesn't hammer the shit (4+ / 0-)
    Recommended by:
    Laiane, skillet, Dirtandiron, tinfoilhat

    out of Romney with this in the next debate, and use it to destroy Romney's judgment and glib dismissal of America's greatest industry and the millions of jobs that go with it, I might chuck my TV into the forest behind my house.

    Also, Romney's dear old dad ran AMC (think Jeep).  Just for extra icing on the cake of Romney's depravity.  Wonder what dear old dad would have thought about Mitt's telling the American auto industry to rot in hell.

    Fuck you Willard, you craven pro-draft draft dodging middle-class loathing America-outsourcing piece of shit.  Burn in hell.  You, Willard, will NEVER be my president, not even if a bunch of my stupid fuck countrymen elect you.  

    Keep Calm and Carry On. But kick some unholy ass if the situation warrants.

    by GOPGO2H3LL on Sat Oct 13, 2012 at 07:12:04 AM PDT

  •  The Dems have to highlight all the (4+ / 0-)

    attendant small businesses that survived or were resurrected by the auto bailout:  retaurants, uniform supply companies, industrial safety shoe manufacturing, fast food franchises, gas stations, medical services, etc.  The dentists in this area felt the pain when the auto workers who'd had good dental coverage were laid off and stopped coming for dental work and cleaning.  All the merchants sold less and less.  Making the case for the ripple effect and highlighting truly small businesses should resonate because the bailout went way beyond union jobs.  The right has always characterized the bailout as a gift to the unions.

    Romney went to France instead of serving in our military, got rich chop-shopping US businesses and eliminating US jobs, off-shored his money in the Cayman Islands, and now tells us to "Believe in America."

    by judyms9 on Sat Oct 13, 2012 at 07:20:41 AM PDT

    •  Amen to that (from a lifetime Michigan resident) (1+ / 0-)
      Recommended by:
      Dirtandiron

      I lived 42 of my 47 years in Michigan, and the last 18 within an hour's drive of Detroit.  When the plants shut down -- either temporarily due to lack of demand or permanently -- it affects an entire town, not just the workers at the plant.  

      Anyone claiming the auto bailout was a "gift to the unions" is either remarkably short-sighted or has no concept on how a local economy functions.  That line of thinking usually embraces the idea that draconian austerity will create jobs.  It will not.  It never will.

      The sun shines on a dog's ass every once in a while, so I guess it's my turn. --Capt. Phil Harris (The Deadliest Catch)

      by Laiane on Sat Oct 13, 2012 at 07:49:06 AM PDT

      [ Parent ]

  •  Translation: "Hello, Ohio." (2+ / 0-)
    Recommended by:
    a2nite, Laiane

    Repubs started up the car, hit the throttle and sent it over the cliff, and now they're complaining that the black guy hasn't fixed it fast enough.

    by Bush Bites on Sat Oct 13, 2012 at 07:22:51 AM PDT

  •  A message to us all (2+ / 0-)
    Recommended by:
    nickname nescio, MaikeH
    When we get knocked down, we get back up. We come back stronger.
    He will come back stronger in Tuesday's debate.
  •  Certainly hope so (1+ / 0-)
    Recommended by:
    Dirtandiron

    Doubt many folks listen to or hear theses weekly addresses.  I'm not nearly as impressed with the messaging this year as compared to '08.  With that said--off to do GOTV in a little while.

  •  Thanks (0+ / 0-)

    The radical Republican party is the party of oppression, fear, loathing and above all more money and power for the people who robbed us.

    by a2nite on Sat Oct 13, 2012 at 07:36:23 AM PDT

  •  Romney: "I will take credit for saving the auto (1+ / 0-)
    Recommended by:
    Dirtandiron

    industry."

    Mittsy actually says this. He claims all bankruptcies are the same, so since Detroit went through managed bankruptcies, they followed his great advice to "let Detroit go bankrupt." There was never a question that there would be a managed bankruptcy (or a need to get advice or permission from Romney for this to happen), but without the government's backing, there is no way GM would have come back so fast to be the world's #1 automaker. It would probably be called Guangzhou Motors instead.

    Just doing my part to piss off right wing nuts, one smart ass comment at a time.

    by tekno2600 on Sat Oct 13, 2012 at 08:42:04 AM PDT

  •  The message (1+ / 0-)
    Recommended by:
    Dirtandiron

    On the Frontline special on both candidates last week, it was striking to hear people, some of whom even worked for Romney's campaign for governor, say that they actually don't know what Romney believes. The reason of course, is because he'll believe whatever the polls and focus groups at the moment tell him he should believe.  As David Brooks said, he is a market research candidate.

    The president needs to somehow capitalize on that during the next debate. Every mention of a Romney position should be followed by "is that what he believes? Is that what he'll do? We can't be sure.  Let's review...."

  •  I'm posting from Cuyahoga County Ohio (4+ / 0-)
    Recommended by:
    a2nite, Dirtandiron, MaikeH, tinfoilhat

    I and can tell you, this is exactly the message he should be running on.  Very many jobs around the Great Lakes are tied in some way to the auto industry.

    He needs to pound away on he saved GM and Romney wanted to let Detroit go bankrupt.   That, and Biden's line -GM is alive and Bin Laden is dead. Say it over and over.

    I personally think the 5 trillion tax cut attacks aren't as effective.

  •  Why do presidents make weekly addresses? nt (0+ / 0-)

    Conservatives need to realize that their Silent Moral Majority is neither silent, nor moral, nor a majority.

    by nominalize on Sat Oct 13, 2012 at 11:50:18 AM PDT

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