Romney: Redistribution is Wrong

Appearing on MSNBC’s “Morning Joe,” former Governor of Massachusetts and Republican presidential candidate Mitt Romney criticized Senator Barack Obama for planning to “spread the wealth around.”

Joe Scarborough also asked Romney whether he thought McCain still had a chance. “I suspect that this race will be very close at the end,” Romney, who was the favorite of the Republican Party’s fiscal conservative base said.

“I’m certainly planning on seeing McCain win this thing,” Romney said.

Scarborough then talked about McCain’s inability to keep up with Obama’s spending behavior. Doesn’t McCain’s lack of money prove that he can count on less (passionate) support?, Scarborough asked.

“Well, no,” Romney answered, “it actually speaks volumes about Barack Obama’s unwillingness to abide by principles when there’s an opportunity for political gain.”

“Both candidates agreed they would use public financing and then Barack Obama changed his mind, changed his word if you will, and said ‘OK, I’m going to raise private money.’ John McCain could raise private money but John McCain, as one of the authors of McCain-Feingold, decided to stick to public financing… I think that’s a message people will understand.”

In the end, Romney said, “there’s no question that Obama’s economic plans would prolong a recession, make it more difficult for us to come out of a recession.” Since McCain is articulating this very clearly to voters now, Romney believes that he will make a comeback in the coming days.

“My concern is this; there is not going to be a lot of wealth to spread around” when Obama pursues his economic plans, Romney said. “His plans slow down the economy, if you raise taxes on individuals… if you raise taxes on companies, you are not going to grow this economy,” he added.

Watch it: