Obama thinks there is no free market?

Discussion in 'Politics' started by rlm's cents, Jul 16, 2012.

  1. rlm's cents
    Hot

    rlm's cents Well-Known Member

    http://www.washingtontimes.com/blog...video-obama-if-youve-got-business-you-didnt-/

    Really? He means someone else thought up the ideas, nurtured them, implemented them, spent days/months working them, etc. and paid taxes, licenses and fees to use the facilities BO is trying to say built his business.
     
  2. CoinOKC
    Fiendish

    CoinOKC T R U M P

    Romney campaign calls Obama remark to business owners 'insulting'​

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    Republicans fired back Monday after President Obama suggested business owners owe their success to government investment, with Mitt Romney's campaign calling the remark "insulting."

    The president made the comment Friday during a speech to supporters in Roanoke, Va. Arguing that business owners got help from others along the road to success and suggesting they should pay more in taxes in return, he said: "If you've got a business, you didn't build that. Somebody else made that happen."

    Romney spokeswoman Andrea Saul told FoxNews.com on Monday that the remarks "reflect just how unqualified he is to lead us to a real economic recovery."

    "They are also insulting to the hardworking entrepreneurs, small-business owners, and job creators who are the backbone of our economy," she said in an email.

    Kevin Hassett, an economist with the conservative American Enterprise Institute, said Obama's comments are "so far from the current debate," but setting the stage for the administration's tax argument.

    "Obama is trying to create the intellectual space to take money away from people. He's trying to say, 'What you do on the playing field would never be possible without the help of the government,'" he said.

    Obama's comment Friday 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."

    Small business owner Debbi Somers, who runs Somers Furniture in Las Vegas, agreed with Obama that "there isn't any way that a small business owner can achieve their dream if they don't have the support of the government."
    However, Somers -- who backed Obama in 2008 and now supports Romney -- said the notion that businesses owe their success to government "isn't necessarily true."

    "We put in -- we work 80 hours, and we live it, we breathe it, we sleep it," she said.
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  3. rlm's cents
    Hot

    rlm's cents Well-Known Member

    And he needs to keep hammering that message. Maybe it will sink in eventually.
     
    2 people like this.
  4. arizonaJack

    arizonaJack Well-Known Member

    I really do want to thank Obama for inventing my hot sauce recipes, renting the kitchens, traveling to the hot sauce conventions and even working those 80 hour weeks for me. When I sold the company, should I have paid him a royalty?
     
    3 people like this.
  5. rlm's cents
    Hot

    rlm's cents Well-Known Member

    You did! It was called capital gains tax which he will soon increase.
     

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