Already serving as one of Obama's Car Czars, Bloom is known for pushing the US automakers, General Motors and Chryster to draft out questionably viable plans for the future and pushed the CEO of GM to resign.
It should also be noted that Bloom & Co. also crafted the tax-payer funded bailout of the auto industry, which included the controversial bypassing of esablished bankruptcy law and putting the UAW in front of other creditors.
Given unions' track records (see union graphic at right) in causing the demise of so many industries, not the least of which are the auto, steel, and textile industries, as well as the closure of tens of thousands of unionized companies, the decision to put a union activist in charge of the nation's manufacturing policy seems akin to putting the fox into the henhouse or giving Dracula the job of collecting blood.
According to a statement posted on ABC News, President Obama states:
“Last week we learned that our manufacturing sector expanded for the first time in 18 months and had the highest monthly output in two years. It’s a sign that we’re on the right track to economic recovery, but that we still have a long way to go. That’s why I’ve asked Ron Bloom to help coordinate my Administration’s manufacturing policy. Distinguished by his extraordinary service on the Auto Task Force and his extensive experience with both business and labor, Ron has the knowledge and experience necessary to lead the way in creating the good-paying manufacturing jobs of the future. We must do more to harness the power of American ingenuity and productivity so that we can put people back to work and unleash our full economic potential.”
"A strong manufacturing sector is a cornerstone of American competitiveness and a critical part of President Obama’s economic strategy. As we meet the challenges of globalization and technological change, it is vital to have a concerted effort across the Administration to support an innovative, vibrant manufacturing sector.”