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Obama: Romney hasn't been in the 'real world'

May 24, 2012 | Modified: May 24, 2012 at 5:46 am
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At a fundraiser last night at the Hyatt Regency in Denver, President Obama suggested that his opponent Mitt Romney failed to understand the problems facing America 

Calling him a "patriotic American," Obama admitted that Romney should, "be proud of the great personal success he's had as the CEO of a large financial firm."

"But I think he’s drawn the wrong lessons from his experience," Obama added. "Because his working assumption is CEOs and wealthy investors like him get rich, then the rest of us automatically will, too."  

Obama accused Romney of being out of touch with hard-working Americans.

"Well, those of us who’ve spent time in the real world," he began, as the crowd laughed, "know that the problem isn’t that the American people aren’t productive enough -- you’ve been working harder than ever."

Obama criticized the "same old stuff" that Republicans "have been peddling for years" such as the idea that tax cuts for the wealthy will fix the economy.

"What Governor Romney doesn’t seem to get is that a healthy economy doesn’t just mean a few folks maximizing their profits through massive layoffs or busting unions." he said.

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