Sean Hannity and former Obama advisor Austan Goolsbee got into a shouting match over Detroit. Before the 2012 election, President Obama stated that his administration “refused to let Detroit go bankrupt.”

But this past week, the city of Detroit did file for bankruptcy. Goolsbee assessed that the president was referring to the auto industry. “He said Detroit!” Hannity fired back. “Detroit’s now bankrupt! Why?”

Goolsbee repeated that the president was using Mitt Romney’s “let Detroit go bankrupt” words and in fact, talking about the auto companies.

Hannity wished Goolsbee “good luck” and added, “I think we’re headed to Greece, Spain, Portugal – it’s all coming to America. We’re going to be Detroit if we keep going down this road.”