Obama: Business owners don’t grow businesses, everyone else does! Or something…

Posted by: Phineas on July 14, 2012 at 6:28 pm

**Posted by Phineas

Continuing to display the deep economic knowledge of the Democratic Socialist who’s never been outside the ivory towers of academia and government, President Obama last night explained to us bitter-clingers how wealth is created:

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.

Remember that, folks. If you built a successful business, you had nothing to do with it. The long hours you put in and the pleasures you deferred were immaterial. It was all the government, so hand over more tax money, you ungrateful, selfish wretch.

Now, I’m not one who says government has no role, or that no taxes are ever justified. Building roads, creating infrastructure, establishing the rule of law and providing access to courts to seek redress — all this plays a role. But Obama’s argument sounds like a statist’s economic version of “Field of Dreams” — if you build it, wealth will come.

Sorry, Barack. It just doesn’t work that way.

Jazz Shaw at Hot Air thinks Obama is channeling Fauxcahontas Elizabeth Warren, who famously said something equally ignorant. But I think Jim Pethokoukis hits the mark:

Beyond the frightening collectivist tinge of the statement, Obama clearly has NO IDEA why economies grow over the long term.

Yep. He’s clueless about how wealth is created, as is most of his cabinet. As I’ve often said, when one becomes a liberal Democrat, it must be a requirement to surrender all knowledge of economics.

This November, let’s elect someone who has a clue.

(Crossposted at Public Secrets)

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34 Responses to “Obama: Business owners don’t grow businesses, everyone else does! Or something…”

Comments

  1. The scary thing is he actually believes this crap but mainly because he has leeched off others as a way of life. And how would he know how businesses operate anyway? This presidential gig is the first paying job he has ever held in his entire wretched existence.

  2. Tango says:

    And to think I was mocked back in ’08 when I proclaimed Barry was a Marxist.

  3. Carlos says:

    It’s not the first paying gig he’s ever had, Drew, but he’s still never had a job where he actually had to produce a product, and that’s at the crux of his philosophy: As long as money changes hands from the producer to the bureaucrat (any level, local to national) where the bureaucrat is responsible for deciding what that money will be used for (gosh, this feels like it would fit very nicely into my already-bloated government payroll!), this is a good thing.

    It is our job to put our country out of its current misery by removing the disease that offends it, this November (assuming King Ralph-on-us-All allows the election).

  4. sandra key says:

    I wish if someone else built my business they would get in here and take over for the night, I’m ready for bed. Where is my replacement. Obama is so far out in left field he doesn’t have any idea how a business is run.

  5. Marshall Art says:

    This is the guy touted as the smartest guy in the room. I’ve yet to see proof of it.

  6. The Griper says:

    if government is responsible for all of the successful businesses then doesn’t it follow that the government is responsible for all of the failed businesses too? and isn’t there at least 3 times as many failures in business than there are successes? that doesn’t sound like a very good track record to me. :-?

  7. Ken66 says:

    Know nothing, do nothing, understand nothing, learn nothing… I could go on. Barack Obama is the definition of an empty suit. It’s actually a good thing sometimes when he’s on a golf course and out of the way.

  8. I would submit Obhammud’s employment history is at least as short as his knowledge of US history, no matter in which of the “57 states” he may have drawn a paycheck.

  9. PE says:

    Obama’s message: class envy. Each and every member of my audience, every one of you true believers, could have been a contender. Re-elect me and we’ll grab hold of those special little people that are not you and make them pay for it.

  10. TexasMom2012 says:

    Wow, Obama clueless again. There are a lot of small business owners in my hubby’s family. I know they would be incessed to hear that they didn’t succeed on their own, h€ll, they believe they have succeeded IN SPITE of all the government obstacles, rules and multiplying regulations. And probably would have failed if Obamacare had been the law of the land while they were still in the start-up stage… Pshaw!

  11. rssg says:

    Even discussing this is absurd. Obama is a socialist and Sister is a crunchy, touchy-feely RINO.

  12. PE says:

    People who love country music say to those who don’t: “listen to the words.” The trick to listening to Obama’s music (if you really must) is to not listen to the words. Listen to the message. One helluva ugly message, mesmerizing to those who missed out on Jonestown.

  13. Zachriel says:

    Obama: Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen.

    Phineas: Remember that, folks. If you built a successful business, you had nothing to do with it.

    “Somebody else made that happen” in Obama’s speech clearly refers to roads and bridges. He does not say that “If you built a successful business, you had nothing to do with it.”

  14. Batman says:

    I believe President Obama can’t get back to Chicago on his own. In November I plan on sending him there. Let’s all pitch in and make this dream a reality!

  15. @Zachriel–Those “roads and bridges” were built by people working one of the many temporary dead-end jobs provided under the failed stimulus bill, so we all contributed to that through our misspent taxes.
    The bigger problem is these perverted Obamanomics is what is being taught at the university level. But remember, for every Ph. D. there is an equal and opposite Ph. D.

  16. Tom TB says:

    Dear Barry Soetoro Barack H. Obama: I can start a fire all by myself. I can extinguish a fire all by myself. I am my OWN Fire Department. If you believed in individual responsibility, we wouldn’t need all these competing government agencies, but you believe in DEPENDENTCY!

  17. MoxieLouise says:

    “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.” Wait…I thought Al Gore invented the Internet.

  18. Zachriel says:

    MoxieLouise: Wait…I thought Al Gore invented the Internet.

    Robert Kahn and Vinton Cerf: No other elected official, to our knowledge, has made a greater contribution over a longer period of time.

  19. Great White Rat says:

    @Carlos:

    but he’s still never had a job where he actually had to produce a product,

    @Drew:

    Obhammud’s employment history is at least as short as his knowledge of US history,

    Both true. Keep in mind that Obama’s spent more time in an Indonesian madrassa than he has in the U.S. private sector.

  20. Phineas says:

    RSSG:

    …and Sister is a crunchy, touchy-feely RINO.

    *sigh* 8-|

    No one ever reads the part that says…

    **Posted by Phineas

    And, please. It’s “RINO Squish Traitor.” I insist on my proper title. :p

  21. Great White Rat says:

    Robert Kahn and Vinton Cerf: No other elected official, to our knowledge, has made a greater contribution over a longer period of time.

    What Zach doesn’t want you to know:

    (a) the date on that letter is October 23, 2000. It was a note solicited by the Gore campaign, and as such is suspect. It would be more believable if it had been written, say, in 1997 when there was no heated presidential campaign under way.

    (b) both authors spent significant time prior to that election with their research dependent on government grants. As big government devotees, you could certainly expect them to favor the candidate whose life revolved around promulgating the most regulations and the most government funding.

  22. Zachriel says:

    Great White Rat: doesn’t want you to know:

    Your ad hominem is a very weak argument. Cerf and Kahn are considered fathers of the Internet for inventing TCP/IP protocols. There is no reason to believe they were not expressing their own considered opinion.

  23. Great White Rat says:

    ad hominem

    Nonsense, Zach. I didn’t call them names or cast any aspersions on their scientific credentials. If you’re going to toss around terms, at least learn what they mean.

    Scientific expertise does not preclude political posturing. I can fully acknowledge their professional credentials while questioning their motives for a blatantly politicized message.

    By the way, nice attempt to derail this thread, which was focusing on Obama’s claim that the people who conceive great ideas, invest all they own in those ideas, and work long hours to achieve success somehow owe that success to someone else, and the only way to rectify that, of course, is to give all those rewards to Obama to redistribute as he sees fit. Care to defend that position?

  24. Carlos says:

    Technically, I guess Obhammud is correct, that without the customers no business owner would make it, and it’s certainly a lot easier to get to those businesses now that we have government roads to drive on. Except in the state of Washington, where the washboards they call roads result in the equivalent in adults of Shaken Baby Syndrome, which could explain why they keep electing election-thieves like their esteemed (!!!???) governor.

    Of course, if the business owner has done his due diligence before hand, he already knows he has a product the public (or a portion thereof) wants. All he/she has to do at that point is crumble under the mountain of government regulations promulgated by those who hate success and can’t stand the thought that some producer pays their wages. ou know, someone like Obhammud.

  25. Lorica says:

    This man has to go…. He is far and away to stupid to be president. November can’t get here soon enough to suit me.

    And now Joss Wheedon has gone off on an anti-capitalist rant. LOL Gotta wonder if he gave up all his walkin around money made from Avengers. – Lorica

  26. Zachriel says:

    Great White Rat: I didn’t call them names or cast any aspersions on their scientific credentials. If you’re going to toss around terms, at least learn what they mean.

    They did not make an argument from authority, but supported their argument based on facts. You certainly did cast personal aspersions by “questioning their motives for a blatantly politicized message.”.

    Great White Rat: By the way, nice attempt to derail this thread,

    We didn’t bring up Gore.

    Great White Rat: … which was focusing on Obama’s claim that the people who conceive great ideas, invest all they own in those ideas, and work long hours to achieve success somehow owe that success to someone else

    “Somebody else made that happen” in Obama’s speech clearly refers to roads and bridges. He does not say that “If you built a successful business, you had nothing to do with it.”

  27. Great White Rat says:

    Zach, you’re the one making the fallacious argument from authority. Your entire position is simply that because certain people said something, there is no need to examine the facts or motivations. We should simply accept it like sheep.

    I stand by my position that people may be experts in one domain and absolute cretins in another. Warren Buffett, for example, may be a financial genius, but politically he’s a “useful idiot” and a tool for the collectivist leftists like yourself. Many of the Hollywood crowd perform their craft brilliantly, but are clueless on economics. The same applies to your authorities who penned their piece as part of a political campaign.

    As for the specious “roads and bridges” argument, that’s nothing more than the usual left-wing appeal to hate and class warfare. Are you and Obama claiming that those who own businesses didn’t pay any of the taxes that went toward building those roads? If yes, then you’re both lying. If no, then I can make the case that those who have created successful businesses have paid MORE than their fair share toward roads and bridges – certainly more than the leftist parasites who contribute nothing but want everything handed to them.

    As Phineas said in the original piece, government has a legitimate role in maintaining infrastructure and order. And those who pay the most in taxes do more than their part in funding those functions. That’s not the point of Obama’s speech. He’s saying that that legitimate role is grounds for seizing someone else’s hard-earned property and (to use a phrase you liberals are so fond of) “redistributing the wealth” to himself and his allies who haven’t earned it.

    Granted, not many people have an deep personal knowledge and appreciation of the art of being handed everything while doing nothing to earn it like Obama. But if he’s trying to project his own experience on everyone else, then, to borrow the Pethokoukis quote above, he has NO IDEA why economies grow.

  28. Zachriel says:

    Great White Rat: you’re the one making the fallacious argument from authority.

    No, we’re presenting an argument from an authority, not the same thing at all. Notably, the only thing you did was disparage the people making the argument, never once addressing the argument they made; classic ad hominem.

    Great White Rat: As for the specious “roads and bridges” argument, that’s nothing more than the usual left-wing appeal to hate and class warfare.

    The claim was that Obama said those who built businesses “had nothing to do with it”. But that was a false reading of what the President said.

  29. Great White Rat says:

    we’re presenting an argument from an authority

    You’re using a campaign flyer as authoritative evidence – and have provided no proof of the truth any of its content. So your entire argument rests on the theory that we are compelled to believe your ‘authorities’. No, you have nothing here.

    But that was a false reading of what the President said.

    My synopsis is a completely accurate reading of President Downgrade’s remarks: because everyone uses public roads, anyone who succeeds in life should be prepared to turn over most of their income to him. You’ve got nothing there either.

    As always you have nothing to offer but pointless sophistry. Unless you finally do dredge up something worth debating, I’m done wasting my time on you.

  30. Zachriel says:

    Great White Rat: You’re using a campaign flyer as authoritative evidence – and have provided no proof of the truth any of its content.

    Um, no. It’s a letter from the people credited with TCP/IP protocol, the foundation of the Internet. You have ignored its contents.

    Great White Rat: My synopsis is a completely accurate reading of President Downgrade’s remarks: because everyone uses public roads, anyone who succeeds in life should be prepared to turn over most of their income to him.

    That’s not what the original post said, or what we took issue with.

    Phineas: If you built a successful business, you had nothing to do with it.

    But that’s not what Obama said.

  31. Lorica says:

    If you’ve got a business — you didn’t build that. Somebody else made that happen.

    Actually Zach, you and the Q collective can parse the above phrase anyway you want, but that is what President Obama is saying when he says “You didn’t build that”. The word “didn’t” means did not or did nothing pretty simple to parse. – Lorica

  32. Zachriel says:

    Lorica: If you’ve got a business — you didn’t build that. Somebody else made that happen.

    It’s clear from context that he was referring to roads and bridges.

    Obama: Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen… The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together.

    http://www.whitehouse.gov/the-press-office/2012/07/13/remarks-president-campaign-event-roanoke-virginia

  33. Lorica says:

    Shouldn’t it then be “you didn’t build those”, if he is referring to roads and bridges?? So basically your defense is he made a mistake. Sure would have been nice if you guys would have given the same latitude to GW. The talking heads use to jump on every little thing when GW mispoke, seems turn about is fair play. – Lorica

  34. Jimmy says:

    Actually, I built my own business and I built the roads and bridges around it. So blow me.