I am no politician, and I doubt I’ll ever intend on attempting to understand politicians because I believe many of them don’t have the sense that God gave a goat. One thing that I do know a little about is the automotive industry and what is put on blast in the media, on TV, and through the internet. In the current state of America’s economy it is obvious that it still stinks BUT, we are actually showing growth in areas of the American automotive industry.

When President Obama took office we were already headed for disaster, and many of us are still unsure if President Obama actually helped our economy with the government’s hands in the American auto industry. Two of the big three took a bailout that we are all too familiar with, while Ford was able to rebuild without billions of our tax payers money. Some of the most recent stories in the media will tell you that things are on an upswing as President Obama visits the heart of car country at a Chrysler plant, Chevy’s Volt plant and Ford’s plant where they will be building the new 2011 Ford Explorer.

Given the depth of the automotive industry and the slowdown of consumer spending, the automotive industry is only showing marginal returns. Nevertheless, they (GM, Ford and Chrysler) are turning over a profit, something that they have not seen in 6 years, says Obama.

Critics are still taking issue to President Obama’s plan that poured billions into American car companies in an effort to “save” them from disaster. If we face the facts of the matter, we would have seen a trickle down effect of automotive suppliers pulling the plug if one of the big three were to actually liquidate or close their doors completely. Whether that meant an even bigger job loss than what we have already seen or a possibility of someone else absorbing that failed company.  We will never know what would have taken place. What we do know is, some people are claiming to see a victory on the horizon. Some analysts and industry experts believe the American auto industry dodged the bullet but are still on the battle field. Others might tell you the bullet wound is still bleeding out and needs another doctor to fix it.

From an economic standpoint, a large percentage of Americans feel that they have taken ownership of two American car companies. Basically, tax payers have footed the bill on this bailout and they want to see better results. Could it be some have less patience than others, or is the growth that we are seeing in the American auto industry a direct result of “the bailout”?

These are my questions to you: Was the automotive bailout necessary? Ford did just fine without the assistance. Were GM and Chrysler so bad off that they needed this type of “bailout” assistance? Would we have seen a bigger crisis in America if they didn’t have an automotive bailout? Would we be seeing the marginal growth in the American auto industry TODAY? Was the “Investment” in the future of this industry worth it?

Check out the videos of President Obama’s visit to the Ford, Chevy, and Chrysler plants below.

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One of the highlights of the delivery that President Obama gave to the joint session of congress was a vow not to walk away from the automotive industry. The tone seemed directed at the American infrastructure of the automotive industry which directly includes the suffering Big 3.

The points that were brought out by autonews and others in the automotive industry were the positive inspirational parts of the speech saying, “We will rebuild, we will recover, and the United States of America will emerge stronger than before.” Then later a specific address was directed towards the automotive industry having an obvious effect on the economy where the President said, “As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices. But we are committed to the goal of a re-tooled, re-imagined auto industry that can compete and win. Millions of jobs depend on it. Scores of communities depend on it. And I believe the nation that invented the automobile cannot walk away from it.”

The speech will be critiqued among the media and other officials and a new wow factor may be brought out by those in the automotive industry where the President said, “We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet, it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we’ve fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea.”

With those words it gives the automotive industry a positive and supported hope, one that the President spoke of during his campaign and now lives it out as President of the United States. Others may remain skeptical of his economic remedies but a good portion of America, especially in the automotive world, woke up today with a new inspiration to rebuild, retool and bring this country back to where it needs to be.

[sources: autonews, whitehouse.gov]

Bottom line from the US Automakers: Pay $25 billion now or risk over $150 billion with millions of jobs lost later if nothing is done. Pretty serious if you ask me!

GM produced a video just recently that features the automaker’s Facts and Fiction website where they paint a not-so-pretty picture of how the domestic auto industry effects our nation including nation security and economic security. Even though the American auto industry employs about 239,000 people it would reach far more than that when you think about the suppliers and dealerships, and that’s just for the big 3 automakers.

I welcome you to watch the video below and let us know what your thoughts are. Speak your mind and don’t hold back!