Biden: Dems Strongly Support ‘Private Sector,’ GOP Supports ‘Privileged Sector’

By Melanie Arter | January 27, 2012 | 1:24 PM EST

Vice President Joe Biden talks to workers of a Rochester company that has partnered with a local college, Thursday, Jan. 26, 2012 in Rochester, N.H. (AP Photo/Jim Cole)

( – Vice President Joe Biden on Friday said the difference between Democrats and Republicans is Democrats strongly support the “private sector” while the Republicans support the “privileged sector.”

“The big difference between us and them, I think, can be distilled to a phrase. The difference between us and them is, we are strongly supportive of the private sector. They’re strongly supportive of the privileged sector,” Biden said, speaking at the House Democratic retreat in Cambridge, Md.

“I think …what we will be able to show and Americans will be able to figure out: that we’re committed to bring back the private sector, because we know that’s the engine. We don’t create jobs. We create opportunities for people to create jobs,” he added.

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“They create jobs – the private sector – and we’re committed to bring it back. And I think they’re determined… to preserve the privileged sector, because again I think they really believe that what I would refer to as the privileged sector – Wall Street unabridged, the super wealthy who are not prepared to contribute,” the vice president said.