Romney: Obama Wants To Eat the Rich

Mitt Romney hearts America's businesses.<a href="http://www.flickr.com/photos/mittromney/6288855043/in/photostream">Mitt Romney</a>/Flickr

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.


During the CNBC debate, “Mad Money” host Jim Cramer asked the candidates if they believe corporations have a social obligation to create jobs, or if—citing Milton Friedman—corporations exist solely to produce returns for shareholders.

Mitt Romney responded to what he called “an interesting philosophical” question by stating that “you don’t have to decide between the two [because] they go together!” That may be all well and good (well, maybe not quite…), but his response jumped the shark right after he embraced the popular conservative talking point about how Democrats “think when corporations are profitable, it’s a bad thing.”

Romney went on to lambaste President Obama’s alleged attitude toward corporate profits, insisting that “we have a president and an administration that doesn’t like business…I like jobs!

The “Obama wants to murder your business” meme is wholly self-discrediting. In the real world, Barack Obama hates rich businessmen so much that he oversaw the staggering resurgence of Wall Street’s prosperity. He is so against big business that his administration pushed the government intervention that preserved America’s auto giants. And he is so hostile towards the financial sector that his 2012 campaign has raked in more money from its employees than all of the Republican candidates combined.

THE TRUTH IS...

what drives Mother Jones' team of 50-plus journalists. The truth is powerful, as evidenced by how hard those with something to hide, or profit to gain, seek to discredit it. The truth, stated boldly and reported meticulously, is what draws so many readers to Mother Jones.

And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

payment methods

THE TRUTH IS...

what drives Mother Jones' team of 50-plus journalists. The truth is powerful, as evidenced by how hard those with something to hide, or profit to gain, seek to discredit it. The truth, stated boldly and reported meticulously, is what draws so many readers to Mother Jones.

And the truth is, going into the final 4 days of the year we still needed to raise $TK to hit our $350,000 goal and start 2021 on track. It's nerve-wracking, wondering if the big spike we normally see at the end of December is going to be another thing that doesn't go as planned in 2020, or worse, if, now that Donald Trump is set to leave the White House (for longer than a taxpayer-funded golf trip to a property he owns), folks might be pulling back from fighting for the truth and a democracy and think the hard work is done.

It's not, and if you can right now, please consider a year-end donation to support our team's fearless nonprofit journalism so we can close that big fundraising gap and finish the year strong, ready for all that's ahead in 2021. Whether you can give $5 or $500, it all matters in keeping us charging hard, and we'd be grateful.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate