Remember when President Barack Obama said: ”I don’t want to run auto companies, and I don’t want to run banks.” He changed his mind.
Today, Obama, speaking in the depressed city of Pueblo, Colorado, heaped praise upon himself for his uncanny ability to use other people’s money to nationalize unproductive companies:
“I said, I believe in American workers, I believe in this this American industry, and now the American auto industry has come roaring back. Now I want to do the same thing with manufacturing jobs, not just in the auto industry, but in every industry.”
So partial nationalization of the entire manufacturing sector. Sounds like a plan.