ONTD Political

Romney: Borrow Money From Your Parents

11:56 am - 04/30/2012
Mitt Romney is keeping his focus on the economy and encouraged young people to “take risks” to deal with a tough job market, even if it meant borrowing money from their parents, reports the New York Daily News. At a speech at Otterbein University in Ohio, Romney talked about how the owner of sandwich chain Jimmy John’s got started by borrowing $20,000 from his father.

“We've always encouraged young people: Take a shot, go for it. Take a risk, get the education, borrow money if you have to from your parents, start a business,” Romney said.


Democratic activists quickly pounced on the remark as another example of how the presumptive Republican nominee is out of touch.

“Only someone who paid for college by selling stock given to him by his CEO father would just casually assume students could go borrow $20,000 from their parents to deal with the economic challenges they face,” a spokesman for the Center for American Progress Action Fund tells the Associated Press.

At a roundtable discussion with seven students, Romney noted engineering majors were in high demand and wondered whether students would have chosen their areas of study differently if they had been clearly told about job prospects.

“You really don’t want to take out $150,000 loan to go into English because you’re not going to be able to pay it back. You might want to think about something else that meets your interest,” Romney said, noting that “as an English major I can say this,” reports ABC News.
Romney graduated with an English degree from Brigham Young University and later went on to study law and business at Harvard.

Romney’s speech was part of an effort by his campaign to continue focusing on the economy even as President Obama tries to shift focus to other issues, including national security, points out Reuters.

Source

Because everyone's parents have money they can borrow? I seriously hate this smug rich asshole.
leaf_collector 30th-Apr-2012 07:33 pm (UTC)
ngl, I LOLed so effing hard at this, combined with the icon... A win, for sure.
chaya 30th-Apr-2012 07:42 pm (UTC)
Pickle all your leftovers. Keep chickens in your back yard. Put all crumbs into a soup.
lickety_split 30th-Apr-2012 09:13 pm (UTC)
Uh, you forgot the window garden.
chaya 30th-Apr-2012 10:22 pm (UTC)
NGL I was this close to adding 'window garden' but I wanted to include only the stupidest suggestions
chaya 30th-Apr-2012 10:24 pm (UTC)
YOUR SITUATION IS TOTALLY RARE AND NOT AT ALL THE NORM. ALL THESE SUGGESTIONS WORKED FOR ME SO I DON'T SEE WHY THEY WON'T WORK FOR EVERYONE ELSE. JUST CLIP COUPONS AND DRIVE TO SEVERAL DIFFERENT STORES SEVERAL MILES FROM EACH OTHER TO SAVE $8 IN GROCERIES. IT IS REALLY VERY SIMPLE.
chaya 30th-Apr-2012 10:45 pm (UTC)
...AT THIS POINT I AM NOT ENTIRELY SURE THAT YOU ARE AWARE THAT MY ITALICS AND CAPSLOCK INDICATE I AM JOKINGLY IMITATING PREVIOUS STUPID ARGUMENTS ABOUT HOW TO MANAGE FOOD FINANCES
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