Romney’s Shifting Auto Bailout Stance May Become Liability

In 2008, Mitt Romney campaigned for president in Michigan decrying Washington’s disregard for lost automobile industry jobs.

Ten months later, after he had left the race, the Detroit native advocated that the government let General Motors Co. and Chrysler Group LLC go bankrupt rather than extend a federal bailout -- a course that a bipartisan chorus of elected officials, including Michigan’s Republican Governor Rick Snyder, say would have been fatal for the U.S. automotive industry, leading to massive job losses.