Always choose wealthy parents (Romney's message)

[ProSense]

Always choose wealthy parents

By Steve Benen

Back in April, Mitt Romney delivered one of his more memorable pieces of advice..."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...If you're a young person who can't afford rising college tuition rates and/or don't have the resources to launch a business venture, the GOP's would-be president has some advice for you: choose wealthy parents.

I mention this because a very similar point came up yesterday at a Romney event in Elk Grove, Illinois, where the candidate was praising "the entrepreneurial spirit."

"I met a guy, you may know him, Jim Liautaud, you know Jim. Jim didn't do so well in high school.

"He graduated number two from the bottom of his class. And he went to his dad and said, 'Look, college isn't in my future. Can I get a loan from you to start a business?' And after a little discussion, his dad agreed to give him a loan. He went out and looked to see whether he could get one of these griddles to make hamburgers and those rollers to make hotdogs and found out they were more expensive than the money he had. The only thing he could make with the money he'd borrowed from his dad was sandwiches. So he set up some tables in a garage and made sandwiches and then he delivered them to the workplace to people who wanted them.

"Now Jimmy John has 1,200 restaurants across this country. That's the kind of entrepreneurial spirit that you see in Americans across the country. You see, these individuals don't look to government, they instead look to themselves and say, 'What can I do to make myself better?'

<...>

His father provided Liautaud with some seed loans and the rest his history. But what about the folks who also have the building blocks for success -- the individual initiative, the drive, the ingenuity, etc. -- but don't have parents with large amounts of disposable income?

In Romney's vision, these people are simply out of luck. Higher education isn't an option -- young people who can't afford to go to their college of their choice should "shop around" for some other institution, because a Romney administration doesn't intend to help with Pell Grants or student loans -- and entrepreneurial opportunities aren't really an option, either -- Romney believes small businesses should depend on parental aid, not governmental aid.

- more -

http://maddowblog.msnbc.com/_news/2012/08/08/13181825-always-choose-wealthy-parents

And if you don't live in MA and can't afford health care, tough!

Op-Ed: Andrea Saul single handedly kills Mitt Romney's hopes of victory
http://www.democraticunderground.com/10021095353

[liberal N proud]

1. I sure blew it!

[shraby]

2. Big big lie on Romney's part. You can't just make sandwiches in your garage and then take them

and sell them someplace else..there are permits and inspections, that cover that kind of operation. Someone has to make sure the food and food handling is sanitary.

[ProSense]

3. Kick! n/t

[tanyev]

4. D'oh! Why didn't I think of that?

[FSogol]

5. Mitt Romney sez, It's better to be rich & healthy than to be sick & poor.

[TwilightGardener]

6. It must be inconceivable to Mittens that there are parents out there who CAN'T fund

startup businesses for their kids. He is completely unable to grasp that most of America does not have shitloads of money sitting around in piles.

[ananda]

7. It shows how well the poor are invisibilized in this country.

It's as though they don't exist.