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

Facts matter: Sign up for the free Mother Jones Daily newsletter. Support our nonprofit reporting. Subscribe to our print magazine.


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.

REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

payment methods

REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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