--- title: "Meaning & Key Takeaway of: Folks, you're the reason that the…" description: "\"Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your ..." image: "https://sms4smile.com/quotes/i/cb5/joe-biden-454_america_folks-you-re-the-reason-that-the-automob_883869.jpg" --- # Folks, you're the reason that the automobile industry is… ![“Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your companies open. Because of your productivity, the combined auto companies have committed to invest another $23 billion in expansion in America.” quote by Joe Biden](https://sms4smile.com/quotes/i/cb5/joe-biden-454_america_folks-you-re-the-reason-that-the-automob_883869.jpg) [Download](https://sms4smile.com/quotes/i/cb5/joe-biden-454_america_folks-you-re-the-reason-that-the-automob_883869.jpg) [Open image](https://sms4smile.com/quotes/i/cb5/joe-biden-454_america_folks-you-re-the-reason-that-the-automob_883869.jpg) > “Folks, you're the reason that the automobile industry is back. Whether it was the wage freezes, the plant closures, folks, you sacrificed to keep your companies open. Because of your productivity, the combined auto companies have committed to invest another $23 billion in expansion in America.” [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker credits workers’ sacrifices for industry revival and announces a major investment to expand manufacturing in the U.S. **In simple terms:** Workers’ effort led to auto industry growth; new $23B investment announced. Key Takeaway Support and recognize labor contributions. Themes economy labor industry investment policy Mood optimistic determined Type political motivational When to use this quote - union negotiations - policy advocacy - business planning - community outreach - job training programs Key Concepts macroeconomics political leadership manufacturing trends Questions to Reflect On - How can workers benefit directly from the expansion? - What measures ensure sustainable growth? A Different Perspective Investment may not address underlying wage concerns. ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [Auto Companies](https://sms4smile.com/quotes/about/auto-companies-1079255/) [Automobile](https://sms4smile.com/quotes/about/automobile/) [Automobile industry](https://sms4smile.com/quotes/about/automobile-industry/) [Back](https://sms4smile.com/quotes/about/back/) [Billions](https://sms4smile.com/quotes/about/billions/) [Closure](https://sms4smile.com/quotes/about/closure/) [Combined Auto](https://sms4smile.com/quotes/about/combined-auto-1079256/) [Committed](https://sms4smile.com/quotes/about/committed/) [Companies Open](https://sms4smile.com/quotes/about/companies-open-1079257/) [Company](https://sms4smile.com/quotes/about/company/) [Expansion](https://sms4smile.com/quotes/about/expansion/) [Folks](https://sms4smile.com/quotes/about/folks/) [Industry](https://sms4smile.com/quotes/about/industry/) [Plant](https://sms4smile.com/quotes/about/plant/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Productivity Combined](https://sms4smile.com/quotes/about/productivity-combined-1079258/) [Reason](https://sms4smile.com/quotes/about/reason/) ## Related quotes > [It's not just the automobile industry is coming back, folks. Manufacturing is coming back. The middle class is coming back. America is coming back...worker…](https://sms4smile.com/quotes/joe-biden/it-s-not-just-the-automobile-industry-is-coming-back-folks/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [Look, I don't doubt his personal generosity. And I understand what it's like. When I was a little younger than the congressman, my wife…](https://sms4smile.com/quotes/joe-biden/look-i-don-t-doubt-his-personal-generosity-and-i-understand-what-it-s/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [If you were charged with fixing the U.S. auto industry, how would you do it? The guys who run the auto companies are out…](https://sms4smile.com/quotes/ken-hendricks/if-you-were-charged-with-fixing-the-u-s-auto-industry-how-would-you/) [Ken Hendricks](https://sms4smile.com/quotes/author/ken-hendricks/) > [The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done.…](https://sms4smile.com/quotes/anonymous/the-unions-and-the-auto-companies-have-been-unable-to-put-a-deal/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Economist John Kenneth Galbraith in 1978 famously predicted that General Motors so dominated the auto business that other companies would be foolish to try…](https://sms4smile.com/quotes/danielle-dimartino-booth/economist-john-kenneth-galbraith-in-1978-famously-predicted-that/) [Danielle DiMartino Booth](https://sms4smile.com/quotes/author/danielle-dimartino-booth/) > [Auto companies need to quickly separate the stuff that will be swallowed by commodity from the brand stuff.](https://sms4smile.com/quotes/sergio-marchionne/auto-companies-need-to-quickly-separate-the-stuff-that-will-be/) [Sergio Marchionne](https://sms4smile.com/quotes/author/sergio-marchionne/) > [Investing in auto companies and ensuring a financial collapse didn't lead not from a recession to a great depression may not have been the…](https://sms4smile.com/quotes/robert-gibbs/investing-in-auto-companies-and-ensuring-a-financial-collapse-didn-t/) [Robert Gibbs](https://sms4smile.com/quotes/author/robert-gibbs/) > [My father was a die maker for 39 years, so I had a basic understanding of the automobile industry and what the manufacturing world…](https://sms4smile.com/quotes/mary-barra/my-father-was-a-die-maker-for-39-years-so-i-had-a-basic-understanding/) [Mary Barra](https://sms4smile.com/quotes/author/mary-barra/) > [Commercial thermoelectrics are a reality. The automobile industry is now working with conventional thermoelectric materials. They are interested a little bit in nanostructuring because…](https://sms4smile.com/quotes/mildred-dresselhaus/commercial-thermoelectrics-are-a-reality-the-automobile-industry-is/) [Mildred Dresselhaus](https://sms4smile.com/quotes/author/mildred-dresselhaus/) > [“The American share of the crisis began with grossly improper mortgages provided to wholly unqualified borrowers, all directly caused and encouraged by government distortion…](https://sms4smile.com/quotes/g-m-w-wemyss/the-american-share-of-the-crisis-began-with-grossly-improper/) [G.M.W. 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It was our policies under President Obama's leadership through…](https://sms4smile.com/quotes/debbie-wasserman-schultz/democrats-are-going-to-proudly-run-on-the-fact-that-we-turned-the/) [Debbie Wasserman Schultz](https://sms4smile.com/quotes/author/debbie-wasserman-schultz/) ## More by Joe Biden > [Success will come when the societal attitude changes and not a single woman in America asks herself the question 'What did I do?'.](https://sms4smile.com/quotes/joe-biden/success-will-come-when-the-societal-attitude-changes-and-not-a-single/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [I always kid the president in different circumstances. 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Best decision I ever made.](https://sms4smile.com/quotes/joe-biden/i-m-joking-i-m-joking-best-decision-i-ever-made/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [ Somalis have made my city of Wilmington, Delaware, \[their home\] on a smaller scale. There is a large, very identifiable Somali community, i might… ](https://sms4smile.com/quotes/joe-biden/somalis-have-made-my-city-of-wilmington-delaware-their-home-on-a/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [“And don’t any of you, by the way, any of you guys vote Republican. I’m not supposed to say, this isn’t political. …don’t come…](https://sms4smile.com/quotes/joe-biden/and-don-t-any-of-you-by-the-way-any-of-you-guys-vote-republican-i-m/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [We also wanted to change the story - change the approach to the 21st century on energy, on education, on transportation, on infrastructure, generally,…](https://sms4smile.com/quotes/joe-biden/we-also-wanted-to-change-the-story-change-the-approach-to-the-21st/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [The spirit of Thanksgiving rests in our recognizing the blessings in our lives, and as we all take stock, I hope you will join…](https://sms4smile.com/quotes/joe-biden/the-spirit-of-thanksgiving-rests-in-our-recognizing-the-blessings-in/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) > [The president has a big stick.](https://sms4smile.com/quotes/joe-biden/the-president-has-a-big-stick/) [Joe Biden](https://sms4smile.com/quotes/author/joe-biden/) [Explore all 546 Joe Biden quotes ](https://sms4smile.com/quotes/author/joe-biden/) ## More America quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! 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And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? 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