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Obama Tells Entrepreneurs “You Didn’t Build” Your Business. Is he right?

Semper Fi 2012/07/16 22:40:56
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That sound you hear is silence—as millions of small business owners and entrepreneurs were left speechless this weekend from President Obama’s latest insult.

The slap in the face to hard-working Americans conveyed Obama’s belief that it takes a village—a heavily subsidized village—to create that venture you’re profiting from:

"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."

Obama pushed his policy goals of infrastructure (aka stimulus) spending and “government research” as part of a collectivist utopia “doing things together.” It’s simply stunning that he would tell Americans, “If you’ve got a business—you didn’t build that.”

After all, could individuals be resourceful and hard-working enough to create whole new enterprises? Obama said:

"Look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart."



Read More: http://blog.heritage.org/2012/07/16/morning-bell-o...

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  • darcie lamar 2012/07/16 23:15:36
    NO
    darcie lamar
    +21
    I would wager a bet that Obama never created a business that showed a profit - except for the millions he made off his books that are a fantasy. Did he work 10 hours a day, seven days a week like most small business owners? Right now this POTUS is living high off our tax dollars as he destroys our country. Obama and Michelle are grifters. obama and michelle grifters

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  • johnc 2012/08/01 01:26:15
    NO
    johnc
    +1
    Barack Hussian is a dufus,

    he says it took the roads, the closed store next door had the same road to it. makes no sense Obie.

    he says a teacher somewhere inspired you, Wrong again Obie, maybe that is what inspired you, but it was my family that inspired me.

    He says the national defense makes it possible for you to succeed, The lady that needs someone else to pay her extremely high birth control costs. (busy girl, I guess) has the same national defense.

    Dufus Obama, some have the same infrastructure and excel, some suck at the lpublic tit. have you ever had to earn a dollar or has it always been government money that you suck to get?
  • Deep007 2012/07/31 19:03:41
    NO
    Deep007
    +2
    Obummer is not RIGHT on anything
  • princess Deep007 2012/08/03 01:51:21
    princess
    +1
    lol...that's the truth.
  • Patric 2012/07/31 19:00:54
    NO
    Patric
    +2
    damn, for the last 23 years , I work 60 or 70 hours a week, if I would have known some one else was doing all this work , I might have had time for a break...

    hey, obomma, send that guy or gal that built my company on down here, I would like to meet them....

    obomma, what an ASS
  • Patric Patric 2012/07/31 19:02:38
    Patric
    +1
    and an other thing.

    I do not think obomma even has a clue that what he said is so wrong.
    obomma so far out of touch ...
  • Huki68 2012/07/31 17:53:38
    YES
    Huki68
    He is right, looks like that many people doesn't understand... this is what he said

    _____________________________...

    There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking people out there. (Applause.)

    If you were successful, somebody along the line gave you some help. 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.

    The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. There are some ...



    He is right, looks like that many people doesn't understand... this is what he said

    _____________________________...

    There are a lot of wealthy, successful Americans who agree with me -- because they want to give something back. They know they didn’t -- look, if you’ve been successful, you didn’t get there on your own. You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there. It must be because I worked harder than everybody else. Let me tell you something -- there are a whole bunch of hardworking people out there. (Applause.)

    If you were successful, somebody along the line gave you some help. 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.

    The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. 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.

    _____________________________...

    Look, if you’ve been successful, you didn’t get there on your own? That is the truth, you could never achive anything by your own, you will always need someone beside you to help you succellful.. special the customers.. with our them you business will be dead
    (more)
  • tom C 2012/07/31 17:44:01
    NO
    tom  C
    +3
    yes they built that wealth and success on their own..........and they PAID THEIR TAXES to build the infrastructure that supports this country......it wasn't the Government that did it...
  • Deep007 tom C 2012/07/31 19:04:38
    Deep007
    +2
    Want more indignation..check this and share
    http://www.sodahead.com/livin...
  • Janoy Davis 2012/07/29 08:22:59
    YES
    Janoy Davis
    +1
    Most people got their panties in a bunch when the president actually stated a fact. Here's food for thought: What does it take to make a good bussiness? Let me help you out (see what I did there XD ) For example: take a car repair shop, it requires car parts in surplus (that requires either a contract with a dealer or faberication of parts, but then your gonna need schooling and the materials. So unless the owner has a open pit resource mine in their backyard, then they need the help to outside source to get materials and training) Also, how are you suppose to repair cars if you have no customers? Customers are the ONES that made your business happen. They give you money for parts, they may even refer your services to their friends so that you get more business. So in the end, it is the social interactions of others that make your business happen, not you, because you (the business owner) are only a fraction of the puzzle. The puzzle called the global market (yes, other people from around the world can affect how your business operates by altering the market environment). Now stop fussing and move on; you're missing life.
  • Muriel 2012/07/22 14:32:29
    NO
    Muriel
    +1
    He know more knows what it takes to build a business than fly!
  • The Patriot 2012/07/20 19:02:06
  • Deep007 The Pat... 2012/07/31 19:04:58
    Deep007
    +1
    Want more indignation..check this and share
    http://www.sodahead.com/livin...
  • Tom 2012/07/20 04:42:16
    NO
    Tom
    +2
    Let me ask this question , because I don't know the answer.

    Who paid for Obama's education?
  • Kerri 2012/07/19 20:27:13
    NO
    Kerri
    +1
    This is a fun read....love Neil!

    http://www.boortz.com/weblogs...

    Hey ... Obama. We Built That Stuff Too
    By Neal Boortz
  • Semper Fi Kerri 2012/07/19 21:13:51
    Semper Fi
    +1
    Great read.... for those who can understand it anyway.
  • gldynmd 2012/07/19 13:16:57
    NO
    gldynmd
    +1
    Ignorant statement!
  • crs52 2012/07/18 03:48:47
  • Darkitec 2012/07/18 03:35:19
    NO
    Darkitec
    +2
    More proof that this idiot has no idea what running a business takes. I can't tell you how many times I've designed buildings for businesses where the government has required us to put in sewer, water, gas, roads, sidewalks, streetlights, and other public amenities at the building owners cost before they will approve the project. Where is the government investment?
  • princess 2012/07/18 02:57:04
    NO
    princess
    +2
    That's the solid belief of a Marxist....and just what I'd expect Marxist OVomit to say!!
  • Deep007 princess 2012/07/31 19:05:08
    Deep007
    Want more indignation..check this and share
    http://www.sodahead.com/livin...
  • HOMBRE 2012/07/18 02:55:28
    NO
    HOMBRE
    +1
    Obama is a DIC
  • maggiemay 2012/07/17 22:11:55 (edited)
    NO
    maggiemay
    +3
    The only thing Obama has ever run is his lips. He has been sucking off the public for years. Has never had a job,and has never had a payroll to pay, but hey he has been a great Community Rabble rouser. The one thing he has been successful at stirring up the masses. He does that extremely well. boot straps
  • Semper Fi maggiemay 2012/07/18 13:41:50
  • maggiemay Semper Fi 2012/07/18 14:29:23
  • Centurion~PWCM~JLA 2012/07/17 19:07:52
    NO
    Centurion~PWCM~JLA
    +6
    HELL NO!

    He is not right.

    The boy could not run a business. If he ran a business anything like he has "led" this country for the past 3 1/2 years he would be living in a cave having to steal food by now.

    I don't know where the hell he gets such an idea but he is 100% off base. That boy could not run a kool-aid stand except maybe one like this.

    Jonestown kool aid trough

    Anybody want to take a sip?
  • Deep007 Centuri... 2012/07/31 19:05:35
    Deep007
    +1
    Want more indignation..check this and share
    http://www.sodahead.com/livin...
  • Centuri... Deep007 2012/08/01 21:10:56
    Centurion~PWCM~JLA
    +2
    Thank you for the link Deep007. I went there and left a comment.

    Have ye a great day!
  • Matt 2012/07/17 19:06:19 (edited)
    YES
    Matt
    +1
    Right in his words, but not in his deeds. Both parties have been ignoring America's infrastructure needs for several decades now, preferring to give money to foreign banks, corporations, and countries that mostly hate us. Eisenhower brought commerce, travel, manufacturing, and prosperity to all states with the commissioning of the Interstate Highway System.

    Borrowing money to upgrade our infrastructure now would be like borrowing money to put new plumbing in a house that is already in foreclosure.
    entrepreneurs
  • Kerri Matt 2012/07/19 16:39:01
    Kerri
    +3
    Maybe they should start here?

    Washington collects as much as $25 billion in federal gasoline taxes a year. Ideally -- and ethically -- every penny of those taxes should be spent on federal roads, repairing the old ones and building new ones where needed. But it isn't. Only about 60 percent is used for federal highways and bridges. The rest is spent on whatever Washington decides to use it for....Investor's Business Daily (IBD). http://news.investors.com/art...

    In many cases the taxes fund museums, bike paths, trails and lighthouse repair.
    A good chunk of the federal gasoline tax is also used to subsidize public transportation -- when the tax was hiked by a nickel in 1982, a penny of that increase was committed to urban transit.
  • Huki68 Matt 2012/07/31 17:56:48
    Huki68
    +1
    to do good deeds on a president level, he he was 100% in control America today would have been better off, but what the other party did? stop everything he tries to do for all of US, so his intemntions are good and his deed was intentionally good, now for all of us to know the truth is to be know the whole truth of both parties.. Rep wants money, control and power.
  • heirsoftheking 2012/07/17 18:58:37 (edited)
    NO
    heirsoftheking
    +3
    Obama never had a business. If he did, he'd destroy it.

    obama business destroy
  • Space Invader 2012/07/17 17:53:27 (edited)
    NO
    Space Invader
    +7
    NO!! Look in his eyes..EVIL.. 65333
  • Carol Space I... 2012/07/17 18:16:55
    Carol
    Really?

    The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together. 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.
  • Space I... Carol 2012/07/17 18:24:34
    Space Invader
    +2
    old argument..heard on MSNBC last night...
  • Carol Space I... 2012/07/17 20:19:13 (edited)
    Carol
    Really, that is what the President said, not just you didn't build you business.
    Context.
  • Space I... Carol 2012/07/17 21:19:05
    Space Invader
    +4
    He didn't help me a damn bit in mine; in fact the regulations and taxes have killed us...
    he STOPS the spirit of Job creation...
  • Carol Space I... 2012/07/18 13:56:21
    Carol
    It is not his job to help you! Did your community support you? Do regulations keep you safe?
  • Semper Fi Carol 2012/07/18 14:02:20
    Semper Fi
    +3
    He didn't say he wanted or needed help from the government! They don't give any small business any help of any kind. They over regulate and tax the hell out of us, and threaten us with fees and fines if we don't comply with their every demand.
  • Carol Semper Fi 2012/07/18 21:06:58
    Carol
    FYI

    What does SBA offer to small business owners? The programs are many and varied, and the qualifications for each are specific. SBA can help facilitate a loan for you with a third party lender, guarantee a bond, or help you find venture capital. Understanding how SBA works is the first step towards receiving assistance.

    SBA’s Role
    SBA provides a number of financial assistance programs for small businesses that have been specifically designed to meet key financing needs, including debt financing, surety bonds, and equity financing.
  • Semper Fi Carol 2012/07/19 13:19:20 (edited)
    Semper Fi
    Many of us do not need their help, nor do we want it! Like many do, I personally finance my small business via a personal line of credit with my bank. I take 100% of the risk and the city, county, state, and federal government skim right from the top of my revenues and regulate my every move. They contribute nothing.
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