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Romney Agrees With Limbaugh: Obama is Running Against Capitalism Romney Agrees With Limbaugh: Obama is Running Against Capitalism Romney Agrees With Limbaugh: Obama is Running Against Capitalism Romney Agrees With Limbau...

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The Trail: 2012 Presidential News from the Field / Campaign 2012

Romney Agrees With Limbaugh: Obama is Running Against Capitalism

May 24, 2012

Mitt Romney seemed to agree with an assertion by conservative talk show host Rush Limbaugh that President Obama is running against capitalism.

In an interview on Thursday on Fox News, Romney responded to a question that paraphrased Limbaugh's statement. “Well it certainly sounds like what he’s doing,” Romney said.

“There ‘s no question but that he's attacking capitalism," Romney said. "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 as members of the political class.”

 

On his show Wednesday, Limbaugh said of Obama: "I can't think of another presidential candidate in history who has ever tried to win the presidency by running against capitalism.”

Romney also responded to a question about how he would get unemployment at or below six percent, a claim he made on Wednesday in an interview with Time magazine. He said that he would repeal ObamaCare and have an energy strategy that takes advantage of natural gas, oil and coal “as well as our renewables.” He said he would also tackle the deficit.

Of the recent attacks on his time at Bain Capital, Romney pointed to a response from his former firm that claimed revenues grew in 80 percent of the companies they invested in. He said voters would understand the nature of the business, even when it failed. "When they hear that a business like Bain Capital was successful 80 percent of the time and five percent of its investments only went bankrupt, they say, 'That's a pretty good record,'" he said. "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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