Coming Again to Save the ****** ****** Day! (Photo credit: AN HONORABLE GERMAN)
Seriously? Chalk this up to another explanation for why the economy continues to struggle under a government with this philosophy.
The ridiculous quote came from a larger point the President was trying to make during what was essentially a campaign speech in Roanoke, Virginia. Here’s the quote with some more context (the video is at the link above).
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. 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.
The broader point makes sense, that people don’t succeed in a vacuum. But his statement about entrepreneurs reveals a stunning contempt for those who work hard and take huge personal risks to create the businesses that provide jobs.
I’d also take issue with his statement that “[g]overnement research created the Internet” but that’s a different story.