Quoted from post #1 source - Romney tries to explain what he meant:
I think he is out of touch with those persons and families that is not able to make $10,000 bets like its pocket change. Check this his focus is on middle income Americans - A lot of retirees living on SSI are pooooor. When people can't find work, they still have to pay the bills;Since paying the bills with little or no income (work) is a direct cause of poverty, they become pooooor because what ever savings they may have gets consumed. Is it better to invest like Romney or save? I guess if you have enough wealth that losing $10,000 or even $350,000 isn't much to worry about because that's a small amount ... nothing to him. Finally, folks that have kids getting ready to go to college is not restricted to the wealthy or middle class; poooooor people also have kids that
want to go to college,some that are
extremely motivated to do well in college.