White House: The Rebirth of the American Auto Industry (VIDEO)

One of my summer jobs as a teenager in Detroit was working on the auto assembly line. I understand how important the auto industry is to America. It always amazes me when folks like Sarah Palin and other Tea Party activists continue to chant about how poor a decision it was to 'bail-out' the auto industry.

Austan Goolsbee, Chairman of the Council of Economic Advisers, discusses the President’s tough decisions on the American auto industry in light of the General Motors IPO:






What say u? Was the 'bailout' of the auto industry a good or bad policy decision by the federal government?