Obama: Auto Bailouts Also Helped Detroit Bartenders

"You could have had a cascading effect if the whole supply chain in the U.S. auto industry started declining, then Ford could have gone under, too. Plants would have shuttered, we would have lost this iconic industry, sold for scraps. And folks like you, the men and women who built these companies with your hands would have been left hanging out to dry. And the communities you depended on: the school teachers, small business owners, the servers in the diner. And, let’s face it, the barkeep — (Laughter and Cheering) I’m just saying -- (Applause). Are you a barkeeper? You just waive it at me. (Cheering)