Obama: “You Didn’t Build That Business On Your Own”

Jazz Shaw writes that this is Obama channeling his inner Elizabeth “High Cheekbones” Warren, who said last year “there is nobody in this country who got rich on his own. Nobody.” What she was saying is that no one can succeed with out the big loving embrace of The Government, so people who got rich should pay their “fair share.” Of course, she and other liberals utterly refuse to define what “fair share” is, though I reckon it revolves around giving lots to Democrat campaigns which will be repaid with cushy “green” energy DOE loans for companies that are close to bankruptcy. Anyhow

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.

Obama is sort of unintentionally correct: you didn’t. You probably got a loan from a bank, financial institution, seed money guys, rich people, mobsters….you know, folks/companies in the private sector with lots of cash that are looking to make more money off the investment in your business, and Obama wants to tax the bejesus out of those folks, meaning they have less money to invest in your business.

Of course, PBO means that you can’t succeed without the government’s generosity, especially since you can’t possibly be a hard worker or smart. Only Gubmint can create a business, chumps! Don’t you know that by now?

Public Secrets:

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.

Obama probably thinks $5 trillion in new debt helps businesses. As far as there being a whole lot of people who want to give something back, funny how Democrats are unwilling to write a check to the IRS, always take advantage of tax deductions (people like…..Obama!), and are notoriously uncharitable (with their own money).

Crossed at Right Wing News and Stop The ACLU.

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8 Comments

Comment by LD Jackson
2012-07-15 08:08:11

Why is it that Obama and the rest of the liberals are so insistent that every successful person or business had to have done so on the backs of someone else? Is it any wonder that business are so worried about what will happen if Obama is elected to another four years?

 
Comment by ccoffer
2012-07-15 11:34:41

Check out the stupidass presumption that when you created your business, everyone but you paid taxes for roads and bridges. I hate that no one ever points out how retarded that reasoning is. The bottom line is half the damn country pays NOTHING in federal income taxes and you can bet your ass they aren’t business owners. The stupidity of these tropes is maddening. Worse still is the lack of a response.

 
Comment by Gumball_Brains
2012-07-15 12:46:23

I just can’t understand liberal psychoses. It makes no sense to blame everything upon those who create jobs, markets, and competition. Why don’t they believe that gov’t businesses need to pay their fair share? Oh, right. It’s the psychosis. “Everything is bad unless it was done by them”

If they would just get out of the way of businesses, their increased revenue and increased bottom lines would invariably increase the outflow of taxes. If gov’t would reduce the overall tax and regulatory burden on businesses, the employers would feel better about hiring more people and expanding.

What is sad, is that there are many so-called Republicans that believe like the Socialists.

 
Comment by pa
2012-07-15 15:29:15

“Why is it that Obama and the rest of the liberals are so insistent that every successful person or business had to have done so on the backs of someone else?”

Because that’s how Obama himself, and Elizabeth Warren herself, got ahead in life. They didn’t work hard to produce anything of value. They didn’t even have to master a marketable skill. They schemed and schmoozed and worked the right (by which I mean left) crowd so they could get ahead by means nefarious.

It’s called projection. They assume that whatever they think is what everyone else thinks. They can’t imagine a different type of person who achieves success by any other means.

Comment by LD Jackson
2012-07-15 17:48:45

That projection must be why they have a habit of accusing conservatives of actions they are guilty of themselves.

 
 
Comment by Larry Desch
2012-07-21 00:28:17

If you’ve got a successful attack on innocent people at a movie theater, you didn’t do that. Somebody else made that happen. Consider the roads, the Internet and whatnot. It’s time for felons to give their fair share. Lots of others who helped along the way also want free housing, food and medical care. Why not donate four years from your sentence to Obama, it’s the only way he’s going to get them.

 
Comment by gitarcarver
2012-07-21 02:14:22

I have to agree with Teach that Obama is unintentionally correct. In the abstract, no one does become successful in a vacuum. The bus you rode to school in was not made by you. The schools were not made by you. The teachers were not educated or paid by you. Now that you have a business, it delivers goods over roads that were not built by you…. .etc, etc, etc.

If he had stopped there, it would have been fine as it acknowledges that “we walk in the footsteps of those before us.”

Instead, Obama, Elizabeth Warren and their ilk then say “because you are successful, you owe more back into the system.” That is where the argument fails.

Instead of penalizing those who pursued economic freedom and happiness by building upon that which was created by others, we should be seeking to recoup from those who took the gifts of education and infrastructure and threw those gifts away.

They are the ones that aren’t paying anything back. They are the ones who are not honor those who have gone before them and sacrificed to make the country better.

Obama and the left can argue all they want that those who became successful owe more due to their success. I would argue that those who fail owe more for they are the ones that wasted the money and trust of the citizens around them.

 
Comment by Gumball_Brains
2012-07-21 10:19:06

Nice Larry. Good points.

Gitarcarver, if we want to go that direction, then we must thank our parents and grand parents for what we had while as kids. But then, as we got older and were able to vote and pay taxes, then the responsibility for the roads and buses fall upon our own shoulders.

Businesses, especially successful ones that are able to pay large taxes, PAY for those services that they are receiving. The owners may even be on a local board or on the local councils. Thus, they become very directly responsible for those services.

This line of thought is ridiculous and very short sighted. But then, most Democrat thinking is.

 

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