Romney: Obama’s ‘Attacking Capitalism’

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On Fox and Friends Thursday morning, Mitt Romney responded to a question about whether President Obama will run a “campaign against capitalism” by saying that that’s what Obama seems to be doing. “It certainly sounds like that’s what he’s doing,” Romney said. “There is no question but that he’s attacking capitalism.”

Romney went on to say that Obama is attacking capitalism because he doesn’t understand how the “free economy works.” 

In part I think because he doesn’t understand how the free economy works. He’s never had a job in the free economy. Neither has Vice President Biden. They spent their lives either as community organizers or members of the political class. The American people understand that free enterprise is tough, it’s hard work. When they hear that a business like Bain Capital was successful 80 percent of the time and 5 percent of its investments only went bankrupt, they say that’s a pretty good record and if all the president wants to do is talk about the failure, he’s misrepresenting the nature of free enterprise.

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