GM Chief: “People who have jobs buy cars.”

General Motors CEO Daniel Akerson recently laid out why the continued problem of unemployment could threaten successful Obama economic policies, like the bailout and rescue of GM and Chrysler. “I worry about a jobless recovery, because people who have jobs buy cars,” he told shareholders in Detroit. (The federal government still owns more than a quarter of GM.) It’s another point in favor of the case that joblessness–not the deficit–is the biggest problem facing the American economy. [Detroit Free Press]

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Kari Lake

Kari Lake

Arizona GOP candidate Kari Lake hopes to secure a US Senate seat this year with the help of her longtime ally — Donald Trump — but the ex-president's support isn't promised, according to The Washington Post.

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