Sunday, July 15, 2012

According to President Obama, Entrepreneurs Don’t Build Businesses




Principles & Policy ^

Last night, President Barack Obama delivered some telling remarks to a fire station full of people in Roanoke, Virgina. I’ll save you the trouble of reading the (long and uninspired) speech and provide you with the most interesting part:

“If you’ve got a business — you didn’t build that. Somebody else made that happen.” – President Barack Obama, July 13th, 2012.

It would be easy to respond with something along the lines of, “Somebody else made that happen? Who? Who magically imagined the product or service, started the business, built it up, and created the jobs? Who was it? The tooth fairy?” And to some extent, President Obama’s statement is so ridiculous as to merit that sort of quick, flippant response.

(Excerpt) Read more at principlesandpolicy.wordpress.com ...

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