© 2022 MICHIGAN RADIO
91.7 Ann Arbor/Detroit 104.1 Grand Rapids 91.3 Port Huron 89.7 Lansing 91.1 Flint
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
Welcome to Michigan Radio’s coverage page for the 2012 Election.If you’re looking for more information to help with your decisions, you can read our collection of stories about key races featured below.You can also check out our Guide to the Ballot Proposals.

Santorum: autos would be doing better without bailout

Gage_Skidmore_santorum.jpg
user gageskidmore
/
Flickr
Rick Santorum is campaigning in Michigan ahead of the state's primary.

Republican presidential candidate Rick Santorum told members of the Detroit Economic Club that he still thinks the federal bailout of the auto industry was the wrong move.

Santorum said he thinks auto companies should have been allowed to thrive or fail in the free market.

“Would the auto industry look different than it is today? Yes it would be. Would it still be alive and well? I think it would be equally alive and better,” said Santorum.

Santorum said he blames President George Bush for setting a precedent of federal government bailouts that damaged the capitalist system.

“I actually blame President Bush more than I blame President Obama. President Obama was just following suit. President Bush set the precedent, it was the wrong precedent, and I think that while there may be companies that are doing well today – and obviously you have a couple companies here that are – the long-term consequence to this country, having set the precedent of the role of government and the economy is not going to be a good one,” said Santorum.

Santorum did not make much mention of Republican primary rival Mitt Romney, who is also making campaign stops this week in Michigan.

Related Content