Obama Tells Business Owners ‘You Didn’t Build That’ in Speech

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obama3President Obama, in a speech to supporters, suggested business owners owe their success to government investment in infrastructure and other projects — saying “if you’ve got a business, you didn’t build that.”

Obama’s comment Friday during a campaign stop in Roanoke, Va., came just days after he urged Congress to extend tax cuts enacted during the Bush administration only to families earning less than $250,000 annually — part of his argument that top earners have an obligation to pay more to trim the deficit.

“There are a lot of wealthy, successful Americans who agree with me because they want to give something back,” the president said. “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.

“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,” he said. “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.”

Senate Majority Leader Harry Reid, D-Nevada, has pledged a vote on the Obama plan before Congress’ August recess, but whether he has the votes remains unclear. A handful of Democrats – include several facing a tough re-election bid – don’t want to vote on a proposal that would result in a tax increase for some Americans.

Senate Democrats and Republicans wrangled Wednesday over the tax cut extensions, which have emerged as a major campaign issue as GOP candidate Mitt Romney attempts to upend Obama’s re-election bid.

Leaders of the GOP-controlled House want to extended the cuts for all American and will almost assuredly reject any plan capping them at the $250,000 income level, or $200,000 for individuals.

The cuts will expire in January.

Source: FOX NEWS

{Matzav.com Newscenter}


13 COMMENTS

  1. The article quotes what Obama said.
    The “THAT” in the sentence refers to the three specific items [1] roads [2] highways and [3] the internet
    So where is the news in that?
    I don’t get the point of the article
    What Obama said is correct and uncontroversial.

  2. There is some truth to what the President is saying but anything out of his mouth is out of ego ego egotistic traits.

  3. hmm. we didn’t build that. Well, how come with the same abilities and things available to everyone we were the only one to do that? to build that business? To start that company?

    Sounds like someone is promoting socialism…
    I can’t do anything without big brother there.

  4. Capping the amount makes no sense. Ever see a poor person give someone a job? Start a business? Help spur the economy? NO! Only those who are considered “wealthy” can do that! If they get the tax cut, they may be able to hire another worker, expand the business, or help the economy in other ways. (and the amounts are not always that much. I know plenty of people “just making it” because of tuitions and living as a frum person with that amount. And they don’t do vacations, pesach hotels or any of that).

  5. President Obama tells business owners “you did not build that”, and offers a litany of poor examples showing why it was not the business owners, but the government that built businesses. Businesses use roads. The government provided the roads. Business owners received an education, and the government provided it. Business owners had a safe and secure environment to operate in, provided by the government, via the police. Yes, the government doth provide, sayeth the President. But consider this, Mr. President; someone paid for the roads the businesses use. Someone paid for those teachers that inspired the business owners to create. Of course, the checks came from the government, but where did the government get the money to pay those checks? Those checks were backed by taxes. Who paid those taxes? The bulk of those taxes were paid by those business owners by building those businesses that provide goods and services, those entrepreneurs who seized opportunity and created using their own personal genius and the sweat of their brow. Yes, Mr. President, those people built those businesses. Consider this, Mr. President, everyone can use those roads. How many people who use those roads, and every other benefit provided by the government? And how many of those people go on to become business builders, and generate the taxes needed to provide those government services? In the United States, every US citizen, and a substantial number of non-citizens and illegal aliens are provided an education free of charge, funded by the taxpayers. How many of those people go on to become business founders and owners? Mr. President, over taxing the most productive elements of society only accomplishes one thing; it reduces everyone to the same level. It is the opposite of what our President and great leader, Ronald Reagan meant when he said “a rising tide lifts all boats.” Taxing the most productive elements of society not only does not lift any boats, it serves to scuttle the boats capable of staying afloat on their own. The Democratic party’s, and by extension your philosophy of governing was summed up quite nicely by C.S. Lewis in “Screwtape Proposes a Toast.” I quote” You remember how one of the Greek Dictators (they called them “tyrants” then) sent an envoy to another Dictator to ask his advice about the principles of government. The second Dictator led the envoy into a field of grain, and there he snicked off with his cane the top of every stalk that rose an inch or so above the general level. The moral was plain. Allow no preeminence among your subjects. Let no man live who is wiser or better or more famous or even handsomer than the mass. Cut them all down to a level: all slaves, all ciphers, all nobodies. All equals. Thus Tyrants could practice, in a sense, “democracy.” But now “democracy” can do the same work without any tyranny other than her own. No one need now go through the field with a cane. The little stalks will now of themselves bite the tops off the big ones. The big ones are beginning to bite off their own in their desire to Be Like Stalks.
    Mr. President, I reject your form of government that taxes to produce need and want with one hand, while doling out succor from the other. Let people keep what they earn. Get the government out of peoples pocket and watch the economy bloom. To quote American journalist and editor John Louis O’Sullivan. In 1837, he wrote “The best government is that which governs least.”

  6. He is the stupidest preident to ever live.
    Obamanation- he is a disgrace to humanity
    He couldnt make an honest buck if he had all the help in the world-the shmuck.

  7. I thought he sounded so stupid and childish as he struggled to make almost-coherent sentences…then this morning it was revealed he’s trying to go without his friend the ‘prompter’. Hey Barack, usew the prompter, you are a long weas from eloquent.

  8. “If you’ve been successful, you didn’t get there on your own.

    No I didn’t , but it wasn’t the government helped me, it was fellow co-workers that we lead, not because they were sheep, because they needed to be shown they way, because the government didn’t give them a complete education, I got mine from family examples!!

    BTW , my family had no success, but they were hard working and had the dream!The government didn’t have to Care for one of them.

  9. Except personal income taxes are not used to pay for infrastructure. It goes towards the debt to the FED. So no, making more people pay income taxes is not going to help pay for better roads or bridges, or pay for new technology research (like the internet).

  10. Um. These people of which you speak, the teachers who inspired or the government who granted whatever…they were paid for their jobs. I was not paid for them doing their jobs. And they should not be paid for me doing mine. Furthermore, the taxes of which you speak, only go towards paying off the debt from interest from FED. It does NOT (yes literally, not even a dime), pay for the roads and etc. The sales taxes and the 500 other types of taxes, do. The income taxes ONLY pay for the interest rate from the Federal Reserve: the private bank from which our government borrows money to pay it’s leaders and military and social security etc. It does NOT pay for roads, or education, or internet research. Income taxes only pay interest. So taxing the “rich” as you say it still only pays the interest. Get rid of the federal reserve and we won’t have a need for income taxes at all.

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