Obama to entrepreneurs: Your success belongs to the state | New Hampshire OPINION01
President Obama has transitioned from “the private sector is doing fine” to “there is no private sector.” That is the gist of the argument he made in a campaign speech in the critical swing state of Virginia on Friday.
Speaking of American entrepreneurs, Obama said, “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 explained his theory this way: “...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.
“If you were successful, somebody along the line gave you some help.”
He mentioned teachers, firefighters and builders of roads as examples of those who are responsible for the success of America’s entrepreneurs. The economic illiteracy of the President’s thinking is staggering.
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