Biden Hits Romney on 47 Percent

Vice president addresses unemployment and economic crisis.
3:00 | 10/11/12

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Transcript for Biden Hits Romney on 47 Percent
Let's look at it must take a look at facts let's look at where we were -- office the economy was in free fall. We had the Great Recession nine million people lost her job one point seven. One point six trillion dollars of wealth lost. Equity homes and retirement accounts for the middle class. We knew we had acted little class we immediately went out rescued General Motors we went ahead and made sure that we cut taxes for middle class. In addition of that when that -- and when that occurred what did Romney do. Romney said now let the -- go bankrupt we moved in and help. People refinance their homes governor Romney said now. Let foreclosures hit the bottom. But it shouldn't be surprising for a guy who says 47%. Of the American people are unwilling to take responsibility to analyze my friend recently in his speech in Washington -- 30% of the American people are tankers. These people are my mom and -- the people I grew up but my neighbors. They pay more effective tax the governor Romney pages federal income tax. There elderly people who in -- live in office of security or veterans and people fighting in Afghanistan right now for quote not paying any taxes. I've had enough to here with -- notion that 47%. It's about time they take some responsibility here.

This transcript has been automatically generated and may not be 100% accurate.

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