Romney: ‘Borrow Money From Your Parents’

Mitt Romney’s latest business advice might not be the most effective way to win over young voters. At a talk Friday at Ohio’s Otterbein University, the presidential candidate offered his expertise to a room of students, telling them that if they want to start a business or pay for their education, they should just borrow from mom and dad. “Take a shot, go for it, take a risk, get the education, borrow money if you have to from your parents, start a business,” he said, citing a friend of his who took out a $20,000 loan from his parents. This remark came on the heels of a gaffe made by two of Romney’s national-security advisers, who made outdated Cold War–era references Thursday. One mistakenly spoke of Czechoslovakia, which was divided into two countries in 1993, while another attacked Obama for failing to lead the free world, saying, “We are seeing the Soviets pushing into the Arctic with no response from us.”