--- title: "Meaning & Key Takeaway of: President Clinton bankrupted Chrysler so…" description: "\"President Clinton bankrupted Chrysler so that Italians could buy it to ship jobs overseas to China.\" — Joe Biden" image: "https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg" --- # President Clinton bankrupted Chrysler so that Italians… ![“President Clinton bankrupted Chrysler so that Italians could buy it to ship jobs overseas to China.” quote by Joe Biden](https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg) [Download](https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg) [Open image](https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg) > “President Clinton bankrupted Chrysler so that Italians could buy it to ship jobs overseas to China.” [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 claim alleges that Clinton’s bankruptcy of Chrysler enabled Italian buyers to relocate jobs to China. **In simple terms:** Clinton’s actions supposedly caused job loss abroad. Key Takeaway Question the impact of corporate decisions on global jobs. Themes politics economics globalization Mood skeptical inquisitive Type political controversial When to use this quote - policy analysis - economic debate - historical fact‑checking Key Concepts corporate bankruptcy offshoring job displacement Questions to Reflect On - What evidence supports this claim? - How do corporate bankruptcies affect employment? A Different Perspective The statement mixes facts with speculation and may be inaccurate. ★ ★ ★ ★ ★ No ratings yet [China](https://sms4smile.com/quotes/about/china/) [Chrysler](https://sms4smile.com/quotes/about/chrysler/) [Jobs](https://sms4smile.com/quotes/about/jobs/) [President](https://sms4smile.com/quotes/about/president/) ## Related quotes > [“Your heart was a wishing well. Bottomless. Trying to love you bankrupted me.”](https://sms4smile.com/quotes/john-mark-green/your-heart-was-a-wishing-well-bottomless-trying-to-love-you/) [John Mark Green](https://sms4smile.com/quotes/author/john-mark-green/) > [I became a freelance stylist to survive, and then I had a kid. I bankrupted in 1988 and had a kid in 1990.](https://sms4smile.com/quotes/maripol/i-became-a-freelance-stylist-to-survive-and-then-i-had-a-kid-i/) [Maripol](https://sms4smile.com/quotes/author/maripol/) > [I bought an electric scooter in sixth grade. Bankrupted me.](https://sms4smile.com/quotes/zac-efron/i-bought-an-electric-scooter-in-sixth-grade-bankrupted-me/) [Zac Efron](https://sms4smile.com/quotes/author/zac-efron/) > [We didn't win the Cold War, we were just a big bank that bankrupted a smaller bank because we had an arms race that…](https://sms4smile.com/quotes/norman-mailer/we-didn-t-win-the-cold-war-we-were-just-a-big-bank-that-bankrupted-a/) [Norman Mailer](https://sms4smile.com/quotes/author/norman-mailer/) > [The Britons bankrupted me. I came to their country with £10 in my pocket and they gave me £1 back. But in between I…](https://sms4smile.com/quotes/bruce-grobbelaar/the-britons-bankrupted-me-i-came-to-their-country-with-10-in-my/) [Bruce Grobbelaar](https://sms4smile.com/quotes/author/bruce-grobbelaar/) > [Trump bankrupted six companies but succeeded on the biggest of stages. He is the champion of failures.](https://sms4smile.com/quotes/timothy-d-snyder/trump-bankrupted-six-companies-but-succeeded-on-the-biggest-of-stages/) [Timothy D. Snyder](https://sms4smile.com/quotes/author/timothy-d-snyder/) > [Our political system has been bankrupted by the failures of Congress to act in ways that give meaning to the struggles our constituents endure.](https://sms4smile.com/quotes/raja-krishnamoorthi/our-political-system-has-been-bankrupted-by-the-failures-of-congress/) [Raja Krishnamoorthi](https://sms4smile.com/quotes/author/raja-krishnamoorthi/) > [I guess that's one achievement I'm really proud of. Saving Chrysler was more than jobs, more than shareholder value. 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I…](https://sms4smile.com/quotes/winfried-vahland/in-china-people-are-moving-from-bigger-cars-to-small-hatches-and/) [Winfried Vahland](https://sms4smile.com/quotes/author/winfried-vahland/) > [Broken china lasts longer than unbroken.](https://sms4smile.com/quotes/jules-renard/broken-china-lasts-longer-than-unbroken/) [Jules Renard](https://sms4smile.com/quotes/author/jules-renard/) > [Language is so specific to art, all the way to the past in China. Previously, people were not allowed to include various regional dialects…](https://sms4smile.com/quotes/jia-zhangke/language-is-so-specific-to-art-all-the-way-to-the-past-in-china/) [Jia Zhangke](https://sms4smile.com/quotes/author/jia-zhangke/) > [I don't see why we and the Chinese should have to be enemies.](https://sms4smile.com/quotes/indira-gandhi/i-don-t-see-why-we-and-the-chinese-should-have-to-be-enemies/) [Indira Gandhi](https://sms4smile.com/quotes/author/indira-gandhi/) > [India may be overtaking China as the world's most polluted country. Even now, which country is worse depends on the day.](https://sms4smile.com/quotes/steve-inskeep/india-may-be-overtaking-china-as-the-world-s-most-polluted-country/) [Steve Inskeep](https://sms4smile.com/quotes/author/steve-inskeep/) > [If China someday gains a more fair, just, and accountable system of government, it will be due to the hard work and efforts of…](https://sms4smile.com/quotes/rebecca-mackinnon/if-china-someday-gains-a-more-fair-just-and-accountable-system-of/) [Rebecca MacKinnon](https://sms4smile.com/quotes/author/rebecca-mackinnon/) > [We're always willing to look at ways NAFTA can work better. But it's a fine line between looking at ways to make it work…](https://sms4smile.com/quotes/stephen-harper/we-re-always-willing-to-look-at-ways-nafta-can-work-better-but-it-s-a/) [Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/) > [The situation with Tibet has to change. China is one of the last huge dictatorships, holding on to these colonies, provinces. 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Sanger](https://sms4smile.com/quotes/author/david-e-sanger/) [Browse all 3,827 China quotes ](https://sms4smile.com/quotes/about/china/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "President Clinton bankrupted Chrysler so that Italians could buy it to ship jobs overseas to China.", "creator": { "@type": "Person", "name": "Joe Biden" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/joe-biden/president-clinton-bankrupted-chrysler-so-that-italians-could-buy-it/", "about": { "@type": "Thing", "name": "China" }, "@id": "https://sms4smile.com/quotes/joe-biden/president-clinton-bankrupted-chrysler-so-that-italians-could-buy-it/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg", "contentUrl": "https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg", "url": "https://sms4smile.com/quotes/i/14e/joe-biden-454_china_president-clinton-bankrupted-chrysler-so_385429.jpg", "width": 1080, "height": 1080, "caption": "“President Clinton bankrupted Chrysler so that Italians could buy it to ship jobs overseas to China.” — Joe Biden", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Joe Biden", "item": "https://sms4smile.com/quotes/author/joe-biden/" }, { "@type": "ListItem", "position": 4, "name": "President Clinton bankrupted Chrysler so that...", "item": "https://sms4smile.com/quotes/joe-biden/president-clinton-bankrupted-chrysler-so-that-italians-could-buy-it/" } ], "@id": "https://sms4smile.com/quotes/joe-biden/president-clinton-bankrupted-chrysler-so-that-italians-could-buy-it/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```