tazzygirl -> RE: Ryan Electrifies: "We can do this!" (8/30/2012 5:13:08 AM)
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The plant In 1918, General Motors bought a farm implement manufacturing plant in Janesville, a city of 60,000 near the Illinois border. Production of Chevrolets began there in 1923. Employment peaked at 7,100 in 1978, but a series of five layoffs occurred over the next 30 years. By December 2008, when President George W. Bush authorized nearly $14 billion in loans to General Motors and Chrysler, both of which were near financial collapse, GM had already warned it might close the Janesville plant because of sagging sport-utility vehicle sales. The plant was effectively shut down on Dec. 23, 2008, when GM ceased production of SUVs there and laid off 1,200 workers. (Several dozen workers stayed on another four months to finish an order of small- to medium-duty trucks for Isuzu Motors.) So, the plant closed while Bush was still in office, about a month before Obama was inaugurated. Our rating Ryan said Obama broke his promise to keep a Wisconsin GM plant from closing. But we don't see evidence he explicitly made such a promise -- and more importantly, the Janesville plant shut down before he took office. We rate Ryan's statement False. http://www.politifact.com/wisconsin/statements/2012/aug/29/paul-ryan/did-barack-obama-break-promise-keep-gm-plant-open/
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