HA HA! Your parents are poor.Friday Mitt Romney gave Ohio college students some sage advice. Want to start a business? Borrow money from your parents. "We've always encouraged young people: Take a shot, go for it. Take a risk. Get the education. Borrow money if you have to from your parents. Start a business."
OMG, brilliant idea Mittens! Woo hoo, you fixed America. Borrow money from my parents. Now why didn't I think of that? Oh yeah. BECAUSE THEY DON'T HAVE ANY MONEY.
Okay, I know my parents probably aren't typical Americans (actually, they're typical Americans), but let me introduce them to you. My father immigrated here from Mexico (LEGALLY thank you) with a couple years of college under his belt. He married my mom and they had five kids. My mom stayed home to take care of us because, like Ann Romney, that's what she thought was most important. My dad worked his way to middle management in a warehouse. We had a nice but not extravagant life in the suburbs back when you could do that on one middle-class income.
We were on our own for college. My parents divorced after 27 years of marriage and my mother entered the workforce for the first time in since the Paleolithic Age. She does clerical work in a low-paying job, but she gets health insurance and has the flexibility she needs to care for my severely-handicapped youngest sister who still lives at home. Who knows what my dad is up to. He's wrapped up in some crazy drama with his spendthrift second wife and her grandkids, who they're raising now for some expensive reason.
Anyway, now you know my life story. And there will be no business-starting monies coming from these two, who are barely hanging by a thread themselves.
Does Romney know this is what most of America is up to? Like, if you're going to run around the country talking about how you know we're all struggling and the economy is still in the toilet, maybe you should find out exactly what that looks like. For us regular people. Otherwise, heh heh, we might think you're kind of out of touch, you know?
Or, Romney could do us one better. Let US hit up HIS parents for a business loan.
Do you think Romney really understands what life is like for the majority of Americans?
Image via Austen Hufford/Flickr
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Comments 31
Yeah, my wife and I would love to stake the cost of college for our kids, but we can't even afford to front them fifty bucks. You know any colleges that would educate anyone for less than fifty bucks?
Most people have some kind of financial stability by middle age and equity to borrow against if they so choose. My inlaws for example loaned us some money from their home equity credit line when we were doing our kitchen because they didn't see the point in us paying more interest on a private loan. We didn't ask for it, they asked how we were financing it and when we said we were looking at loans they offered the loan. When my son is an adult we will be paying it forward and helping him out.
R-money was born with a silver foot in his mouth.
Rhonda MOST middle class are not financially stable anymore you were lucky. Growing up my family was considered middle class both my parents worked but due to circumstances beyond the control of my parents there was no money to help me go to college and I had to pay my way which added up to over 42,000.00 in student loans thank god I did get some grants also. I just paid that loan off and I am in my forties. Both my husband and I work we would be considered lower middle class we are close to poverty I am trying very hard to save for my son's education. My husband and I are both in our forties. I would not call us financially stable and we are not going to have the money to loan funds to our son even if we wanted to and our credit is not good since I had to file bankruptcy due medical bills from my difficult pregancy with my son and that was with insurance! I agree with the author the so called middle class is no longer financially stable enough to loan money to their kids not that they don't want to. If you have the money to do so then you are NOT in the lower or middle, middle class you would be in the upper middle class or wealthy. I really DON'T think Mitt is in touch with the middle or lower classes he's never been there, never experienced it.
I have a "genius" solution to paying for college. Work your way through. Stop depending on others to see that you get the things you want or need.
Bucketsue, has it ever occurred to you that you started your adult life with a disadvantage because of the massive debt you were laboring under? Do you feel that your college education was worth the price you paid? This is not a criticism. I am geniunely curoius as to how you feel the debt from your college years affected your life.