March/ April 2012
Obama’s Top 25 Accomplishments
Slideshow: Barack Obama's Top 25 Accomplishments
7. Turned Around U.S. Auto Industry: In 2009, injected $62 billion in federal money (on top of $13.4 billion in loans from the Bush administration) into ailing GM and Chrysler in return for equity stakes and agreements for massive restructuring. Since bottoming out in 2009, the auto industry has added more than 100,000 jobs. In 2011, the Big Three automakers all gained market share for the first time in two decades. The government expects to lose $16 billion of its investment, less if the price of the GM stock it still owns increases. Photo by Flickr user Chrysler Group.
Click here to read the full top 50 list in the current issue of the Washington Monthly.