
Romney Says Obama Doesn’t Understand Capitalism
At a campaign event in Denver yesterday, President Barack Obama told the story of how a Iowa woman approached GOP nominee Mitt Romney at a campaign stop and told him her story of financial struggles.
According to the president, Mr. Romney, ”Gave her an answer right out of an economic textbook. “He said, ‘Our productivity equals our income.’ And the notion was that somehow the reason people can’t pay their bills is because they’re not working hard enough. If they got more productive, suddenly their incomes would go up.”
Asked about that remark during a friendly appearance on “Fox and Friends,” this morning, Mr. Romney chuckled and said, “I am afraid he doesn’t understand what productivity means.” Read More








