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Obama Certainly Built His Own First Term
Townhall. com ^ | July 19, 2012 | Nick Ryan

Posted on 07/19/2012 6:28:58 PM PDT by Kaslin

American history is full of memorable campaign lines, from President Ronald Reagan’s speech on “A time for choosing,” to Senator John Kerry’s convoluted: “I voted for it before I voted against it.” Unfortunately, President Obama just unleashed a whopper that will stand the test of time, mostly because it accurately summarizes his entire first term.

Speaking before an audience in Roanoke, Virginia, Obama said that, “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."

What a head fake: Just when you think Obama’s going to genuflect to the Founding Fathers for creating a system of government that allows free markets to thrive, he insists that your small business was made possible by government spending.

This quote perfectly bookends Obama’s entire first term. Think about it: Anything good that happens is thanks to the government’s “bold actions.” The stimulus, the auto bailouts, and most importantly, the Affordable Care Act, are examples of Obama’s one and only solution to a broken economy: expanding government without limit.

In an ad that American Future Fund (a group I founded) released last week, we asked whether Obama’s policies have made America’s economy better or worse. By his own metric, his presidency has so far been a failure. Not a single one of his big government policies has lowered unemployment.

What do you expect from a politician who viewed his brief stint in the private sector as being like a “spy behind enemy lines.” According to Obama’s worldview, value cannot be created without the help of government involvement, while jobs can’t be destroyed without the menacing hands of private sector CEOs.

The trouble with Obama’s philsophy is how it perverts the American idea. The success of business does in fact rely on others -- but those “others” are customers, the free market, and the fortitude of individual investors willing to assume great risk to create the goods and services people want to buy.

Instead, in Obama's mind, business works more like the failed solar company Solyndra – the risky enterprise that got half a billion in loan guarantees from the federal government – or like a federal contractor winning a no–bid contract. On this foundation of sand, the Obama economy is built.

To Obama, it doesn’t matter that his economy is unsustainable. He acknowledges this, even in the course of arguing for greater taxes on those he calls the “rich” -- people who make $200,000 or more a year.

Yet he ignores that those filing earnings above $200,000 ($250,000 for joint filers) include more than a million small-business employers who pay their taxes through the individual income tax.

In other words, he is taxing the real engines of prosperity to pay for the programs that keep government humming. Or, more succinctly; he’s robbing private sector Peter to pay public sector Paul.

Well, two can play at that game. If you’re one of the millions of Americans counted as part of the eight percent unemployed, you didn’t get there on your own. Somebody else made that happen. And he’s running for reelection.


TOPICS: Editorial; Politics/Elections
KEYWORDS: barackobama; collectivism; elizabethwarren

1 posted on 07/19/2012 6:29:04 PM PDT by Kaslin
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To: Kaslin

Nice close.


2 posted on 07/19/2012 6:38:09 PM PDT by karnage
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To: Kaslin

The man is an complete economic moron.

Now, being a moron is OK; I have morons in my own family, and I love ‘em all.

But we don’t give ‘em direct access to the bank accounts, or hand them the car keys, either.

But there doesn’t seem to be much we can do about getting them to stop voting Demonrat. They’re morons, after all; what can we expect?

But we sure wouldn’t let any one of ‘em run for President, for cryin’ out loud. Too bad this guy doesn’t have any family to keep him under control.


3 posted on 07/19/2012 6:40:26 PM PDT by John Valentine (Deep in the Heart of Texas)
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To: Kaslin

And wait till he gets his second term.

This is all the warm up.

The delivery will happen in the second term.


4 posted on 07/19/2012 6:57:35 PM PDT by samtheman (The Trillion Dollar ObamaCareTax definitely is a tax; just ask the US Supreme Court.)
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To: Kaslin
Past, current and future business owners will particularly enjoy this graphic:


5 posted on 07/19/2012 6:58:07 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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To: upchuck

That’s a good one! I like that. I was going to post that on my Facebook but some of my friends that may be democrats may steal it and post it on theirs. They would take it seriously. HaHa!


6 posted on 07/19/2012 7:53:08 PM PDT by tsowellfan (http://www.cafenetamerica.com/)
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To: tsowellfan

Thanks. Not mine. Do with it as you please.


7 posted on 07/19/2012 9:20:46 PM PDT by upchuck ("Definition of 'racist:' someone that is winning an argument with a liberal." ~ Peter Brimelow)
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To: Kaslin

When I first heard Obama say (in a news report of the incident) “If you’ve got a business—you didn’t build that. Somebody else made that happen,” I thought, what an idiot.

Then I read the Dem’s “out of context” explanation and, at first, it seemed like Obama’s critics were, in fact, taking it out of context, and that clearly (well, maybe not so clearly, but likely) he was saying that business owners had to rely to some extent upon infrastructure that was provided by others. So I thought he’d been sandbagged.

However, taking the entire quote in context, as he and his supporters urge us to do, makes it apparent that Obama thinks government is the driver of a business’s, and any particular individual’s, success, not the individual drive of the owners themselves, nor the worth of their ideas. This is such a corruption of the American ideal that in some way it’s fitting that it’s encapsulated by the exact statement he made: “If you’ve got a business—you didn’t build that. Somebody else made that happen.”

Taken by itself, it isn’t what he meant to say, but it is nonetheless clearly what he truly believes, so the statement by itself is not so easily dismissed. The saying “hoist by one’s own petard” seems quite fitting here.


8 posted on 07/19/2012 11:37:34 PM PDT by Norseman (Defund the Left-Completely!)
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