To the Editor:
Thank you for printing AutoNation CEO Mike Jackson's commentary on the incongruent argument the Obama camp has been using regarding the automotive restructuring ("Private equity was good for Obama -- why not Romney?" June 4). I couldn't agree more.
Like Jackson, I am a free-market Republican but recognize that the circumstances we were dealing with at that time required extreme measures.
One of the many challenges with politics is the inability of one party to recognize any achievement of the other.
I wish Republicans would acknowledge that while the approach taken with our industry years ago was severe, it was effective overall. The loss of jobs and the loss of one of America's signature industries would have been devastating. Monies spent in the restructuring would have been spent in unemployment benefits without the potential for the rebound we are now enjoying.