The Stock Came from Mitt’s Father

Mitt Romney’s comments about moochers are getting lots of notice, but something else he said caught my attention. Does he really think people will believe this?:

I have inherited nothing. There is a perception, ‘Oh, we were born with a silver spoon, he never had to earn anything and so forth.’

Here’s Ann Romney discussing their student days:

They were not easy years… Neither one of us had a job, because Mitt had enough of an investment from stock that we could sell off a little at a time.

The stock came from Mitt’s father. …

That sounds pretty tough, doesn’t it? One of them almost had to get a job! Thank god (or dad) for that stock. [Oh, and since we’re on the topic of statements that are of questionable veracity, here’s more on Ryan’s tall tales.]

About Mark Thoma 243 Articles

Affiliation: University of Oregon

Mark Thoma is a member of the Economics Department at the University of Oregon. He joined the UO faculty in 1987 and served as head of the Economics Department for five years. His research examines the effects that changes in monetary policy have on inflation, output, unemployment, interest rates and other macroeconomic variables with a focus on asymmetries in the response of these variables to policy changes, and on changes in the relationship between policy and the economy over time. He has also conducted research in other areas such as the relationship between the political party in power, and macroeconomic outcomes and using macroeconomic tools to predict transportation flows. He received his doctorate from Washington State University.

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