The Detroit News on Thursday politely thanked President Barack Obama for bailing out the auto industry before throwing its official endorsement to Mitt Romney citing its hope the Republican will restore “faith in the core principles of free men and women, free minds and free markets that made America great, and will keep it so.”

The editorial said Michigan is better off because of the taxpayer bailout, but in a stinging rebuke added that “had Obama done as well with the rest of the economy, it would be hard to deny him a second term.”

“But Obama said himself in a midterm television interview that if by the end of his first term the economy was still broken, he should not be re-elected. Well, the economy is still broken, and we have lost confidence in the president’s ability to make the necessary repairs,” the editorial said.