Tuesday, July 17, 2012

Yes, you did build that


On 7/13/12 in Roanoke,  Virgina our President made the following statement during a speech:

There are a lot of wealthy, successful Americans who agree with me, because they want to give something back.  They know they didn’t ---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.  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.

Of course President Obama has it exactly backwards. Business people created the wealth that the government confiscated to build infrastructure. The state cannot produce anything. Its very existence comes from the fruits of others.

Everyone wants to live at the expense of the state. They forget that the state lives at the expense of everyone.  - Frederic Bastiat

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