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Buy custom Obama Asks Bush to Provide Help for Automakers

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Topic: Business
Number of pages / Number of words: 6 / 1421
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Obama has been far more receptive than Mr. Bush to having the government intervene to rescue another major sector of the economy. He called automakers “the backbone of American manufacturing” in his first post-election press conference last Friday, and many thousands of their employees belong to unions that are part of the Democratic Party’s base...


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Obama’s stance raises the question, with the country in a worsening economic situation, where would the Democrat draw the line as president?

Mr. Bush has drawn his line at the automakers’ doors, having already been forced to shelve the free-market principles of his Republican Party to bail out the financial industry over the past two months...


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