President Obama’s phony accounting on the auto industry bailout

Imagine that, a leftist newspaper calling a radical leftist's claims phony.

“Chrysler has repaid every dime and more of what it owes American taxpayers for their support during my presidency.”

With some of the economic indicators looking a bit dicey, President Obama traveled to Ohio last week to tout what the administration considers a good-news story: the rescue of the domestic automobile industry. In fact, he also made it the subject of his weekly radio address.

We take no view on whether the administration’s efforts on behalf of the automobile industry were a good or bad thing; that’s a matter for the editorial pages and eventually the historians. But we are interested in the facts the president cited to make his case.

President Obama’s phony accounting on the auto industry bailout - The Fact Checker - The Washington Post