Sunday, July 15, 2012

Kill the entrepreneurial spirit and you kill the economy...and he's working at it.

Obama Insults Small Business Owners

President Obama insulted small business owners during a campaign stop in Roanoke, Va. on Saturday.

“If you’ve got a business — you didn’t build that,” Obama told the crowd. “Somebody else made that happen.”

President Obama said successful Americans did not become successful on their own — they had help.

“If you’ve been successful, you didn’t get there on your own,” he said. “You didn’t get there on your own.”

“The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together,” he said. “There are some things, just like fighting fires, we don’t do on our own. I mean, imagine if everybody had their own fire service. That would be a hard way to organize fighting fires.”

“If you were successful, somebody along the line gave you some help,” he said. “There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive. Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.”

If this isn't a case of simple-mindedness I don't know what is. He left out the other part of the equation. That is, if there were no customers there would be no business. So, how much exactly is the risk taker worth? Look at the economies where economic risk taking is considered a bad thing...the Soviet Union, Cuba, and every other failed socialist experiment.

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