: Steve Rattner on the Economic and Political Legacy of the U.S. Auto Industry Rescue
The 2009 government rescue of the U.S. auto industry, once controversial, is today widely viewed as a triumph of government policy that prevented the collapse of General Motors and Chrysler Group and their supply chain—and saved well over 1 million U.S. jobs. The “auto bailout” remains a fertile source of political debate, however, as it raises crucial questions about the appropriate role for government in supporting economic stability and industries that are essential to a strong U.S. economy.
Please join former Obama administration auto czar Steve Rattner and David Shepardson, D.C. bureau chief of the Detroit News, for a candid and wide-ranging conversation about the legacy of the auto industry rescue, how it’s impacting the presidential campaign, and lessons for economic policymakers. The discussion will be moderated by Tom Perriello, President of the Center for American Progress Action Fund.
This is the latest in a year-long series of events and publications on the importance of the middle class to our economy.