Stephanie
Diamond Member
- Jul 11, 2004
- 70,230
- 10,864
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hit the nail on the head
SNIP:
President reveals belief that, behind every successful business is a successful government.
THE ORANGE COUNTY REGISTER
President Barack Obama, who promised to transform America, told a campaign gathering this week, "If you've got a business, you didn't build that."
Whether you take his words at face value or prefer to infer he simply meant government can help businesses by building bridges and roads, the president's speech was troubling.
Implicit in the president's message is that private individuals and privately held companies are not sufficient. Big Government is the engine that pulls the train, in his view.
The National Review's Rich Lowry captures the president's economic philosophy succinctly: "The Obama theory of entrepreneurship is that behind every successful businessman, there is a successful government. Everyone is helpless without the state, the great protector, builder and innovator. Everything is ultimately a collective enterprise."
On even a superficial level, this economic understanding is greatly flawed, and insulting, as Mr. Obama's presumptive Republican opponent in the fall pointed out.
"The idea to say that Steve Jobs didn't build Apple, that Henry Ford didn't build Ford Motor ... to say something like that is not just foolishness, it is insulting to every entrepreneur, every innovator in America, and it's wrong," Mitt Romney said.
On a deeper level, Mr. Obama's vision of what made America great reveals how he would further transform an economy that already has seen his bailouts of the auto and banking industries, the federalization of health care insurance and contrived creation of profitless green industries, all at great cost but with little to show for it.
"The president's remark was a direct attack on the principle of individual responsibility, the foundation of American freedom," writes the Wall Street Journal's James Taranto. "If 'you didn't build that,' then you have no moral claim to it, and those with political power are morally justified in taking it away and using it to buy more political power."
read it all here with comments
Editorial: If you 'didn't build that,' they can take it | government, build, obama - Opinion - The Orange County Register
SNIP:
President reveals belief that, behind every successful business is a successful government.
THE ORANGE COUNTY REGISTER
President Barack Obama, who promised to transform America, told a campaign gathering this week, "If you've got a business, you didn't build that."
Whether you take his words at face value or prefer to infer he simply meant government can help businesses by building bridges and roads, the president's speech was troubling.
Implicit in the president's message is that private individuals and privately held companies are not sufficient. Big Government is the engine that pulls the train, in his view.
The National Review's Rich Lowry captures the president's economic philosophy succinctly: "The Obama theory of entrepreneurship is that behind every successful businessman, there is a successful government. Everyone is helpless without the state, the great protector, builder and innovator. Everything is ultimately a collective enterprise."
On even a superficial level, this economic understanding is greatly flawed, and insulting, as Mr. Obama's presumptive Republican opponent in the fall pointed out.
"The idea to say that Steve Jobs didn't build Apple, that Henry Ford didn't build Ford Motor ... to say something like that is not just foolishness, it is insulting to every entrepreneur, every innovator in America, and it's wrong," Mitt Romney said.
On a deeper level, Mr. Obama's vision of what made America great reveals how he would further transform an economy that already has seen his bailouts of the auto and banking industries, the federalization of health care insurance and contrived creation of profitless green industries, all at great cost but with little to show for it.
"The president's remark was a direct attack on the principle of individual responsibility, the foundation of American freedom," writes the Wall Street Journal's James Taranto. "If 'you didn't build that,' then you have no moral claim to it, and those with political power are morally justified in taking it away and using it to buy more political power."
read it all here with comments
Editorial: If you 'didn't build that,' they can take it | government, build, obama - Opinion - The Orange County Register