MAn, is this dude out of touch with the average joe and jill....


The presumptive Republican presidential nominee noted that the nation's economy is recovering but blamed President Barack Obama for presiding over the "most anemic and tepid" comeback since the Great Depression. Continuing his recent focus on younger voters, Romney said Obama's policies are making it harder for college graduates to be successful.

"This kind ofdivisiveness, this attack of success is very different than what we've seen in our country's history," Romney told students and supporters gathered at Otterbein University in central Ohio. "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.

"This is kind of an American experience," he said of John's story.

Romney's call for "economic freedom" was a familiar theme for the former Massachusetts governor, who faced the public for the first time since declaring himself the Republican presidential nominee-in-waiting earlier in the week. But some Democrats said his suggestion that young people borrow thousands of dollars from their parents shows that he's out of touch with ordinary Americans.

"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," said Joshua Dorner, a spokesman for the Center for American Progress Action Fund.

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.


read more at: http://www.huffingtonpost.com/2012/04/28/mitt-romney-economic-advice_n_1461541.html

Reading this I'm not sure where he told anyone to borrow cash from their parents.

I consider myself average and have family I could borrow 20 grand from if I needed to. In fact I had a cousin offering me that loan if I needed it a few mknths ago. I needed a new car for my job and since I was over seas and had no prior job in the Us recently some banks might nit offer a loan. I got a loan but the offer from the family was still available. I just rather do it myself.

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."

the 'average' person cant borrow 20000 from their parents, if you can, that makes you above average,,,,

the average person doesnt have an extra twenty grand laying around

You sure? After working only 2 years 1 in the US and 1 in Japan I had that. My gf who is from Korea but lived in Japan had double that. My grandmother who is retired has it. I don't see how we don't qualify as average. All my family made their own money. My gf too. We just saved our money. My parents instilled those values. I got an allowance but even then they wouldn't let me spend my money unless I could show them I had extra money saved up.

the average american doesnt have the income you do,,,

the median income for an american female is 25.6 grand
for a male its 37.2 grand

to have saved 2 years and had 20000, the female would have had to live off of 15.6 grand a year (rent, car, utilities, clothing, food of less than 1250 a month)

the male 27.2 grand (rent, car, utilities, clothing, food of about 2000 a month)

its rarely going to happen, in the us of a, although it would be easier for the male than the female,,,

its not the average experience,,,