11 Ways Mitt Romney Shows His Rich-Guy, Ayn Randian Cluelessness
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As I blogged this weekend, it was the kind of detail that might have been highlighted by Robin Leach on his erstwhile TV show, Lifestyles of the Rich and Famous. But today, alas, finds Mr. Leach starring in commercials for that clothier of the 99 percent, Old Navy. (If only Mr. Leach and Mrs. Romney had crossed paths prior to her T-shirt scandal, he might have steered her to a fish-emblazoned T-shirt available from Old Navy for about $15.)
11. Can't find a job, young college grad? Borrow money from your folks to start a business. During an April campaign stop at Otterbein University in Ohio, Romney talked to young people facing a difficult job market, and blamed their challenging prospects on the policies of President Barack Obama. From the Associated Press report:
"We've always encouraged young people -- take a shot, go for it, take a risk and get the education, borrow money if you have to from your parents, start a business."
Romney then shared the story of sandwich magnate Jimmy John, who Romney said borrowed $20,000 from his parents to launch his first sandwich shop.
Totally lost on Romney was the fact that, in the present economy (brought to the nation by Republican policies, one might add), few are the parents who have $20,000 in their back pockets to sink into a kid's dream biz -- especially after helping that kid get through college.
The AP report offers a possible explanation for Romney's disconnect:
In an interview with the Boston Globe in 1994, Ann Romney said her husband sold off stock that his father had bought for him so that they had money to live on as married college students.