“We recommend President Obama’s re-election,” says the largest newspaper in Ohio, The (Cleveland) Plain Dealer:
He has led the nation back from the brink of depression. Ohio in particular has benefited from his bold decision to revive the domestic auto industry. Because of his determination to fulfill a decades-old dream of Democrats, 30 million more Americans will soon have health insurance. His Race to the Top initiative seeded many of the education reforms embodied in Cleveland’s Transformation Plan. He ended the war in Iraq and refocused the battle to disrupt al-Qaida and its terrorist allies. He ordered the risky attack inside Pakistan that killed Osama bin Laden.
… We wish President Obama had used this campaign to showcase a more substantial vision for the many challenges that still confront America. The nation needs to get more people back to work. It needs to get its financial house in order, reform its tax code and streamline — though not gut — regulation in order to reassure business and speed recovery. It needs to invest in infrastructure, education and job training. It needs to expand exports and engage the world.
Not only do we still believe this president can do those things, we think he can do it with policies most likely to lift Ohio and Ohioans. Obama’s leadership has made a difference when it mattered most.
… Consider a defining moment early in Obama’s first term — one with special resonance in Ohio: The outgoing Bush administration had used TARP funds to throw a lifeline to General Motors and Chrysler, but the two automakers were still at death’s door. They wanted more cash and offered vague promises to change their ways. Public opinion opposed another bailout. Romney urged the companies to file for traditional bankruptcy — at a time when private-sector credit was frozen even for healthy firms.
Obama told the companies to restructure using the Bankruptcy Court and set conditions for government financing: GM’s chairman had to go. Excess plants and dealerships had to close. Chrysler had to be bought out by Fiat. Contracts had to be renegotiated.
It was unpopular but gutsy. And it worked. Ohioans today are making cars in Lordstown and Toledo. They’re making parts and steel for Ford, Honda and other automakers. They’re back on the job.
That’s leadership that deserves a chance to finish the job. Re-elect President Obama.