Tuesday, August 21, 2012

Democrats and Republicans: "You Didn't Build That"

Thanks to a "mash-up" by Jon Stewart's "The Daily Show" we now know that both Obama and Romney agree with each other. In response to a misunderstanding of the President's "You didn't build that" line, Fox News interviews four year-old and seven year-old sisters who started a lemonade stand. "How do you feel," asks the Fox & Friends host, "about the President saying you needed help to start this business?" The reply came from the seven year-old that they had help from their investors, step-mom and dad and other friends of the family.

"I know you, Mitt Romney, would like this election to be a stark choice for the American people..." says Jon Stewart.

Obama                                                                     Romney
"If you were successful, somebody along                   "I know that you'll recognize that a lot of people
the line gave you some help."                                      help you in a business."

"A great teacher somewhere in your life..."                "Your school teachers...."

"Government research created the internet                 "There are a lot of people in government who help us
so that all the companies could make money               and allow us to have an economy that works..."
off the internet..."

"Somebody invested in roads and bridges..."             "People who built roads..."

"If you got a business..."                                           "You really couldn't have a business if you didn't
                                                                                 have those things..."

"You didn't build that."          

Did you build your own business? You put in the hard work. And you used a lot of brain power and grit. You also used stuff that others built and may have had some investments to get you started. Less than half of the Inc. 500 companies were funded entirely with their own money. It's not even sure if a group had to pool their resources to make it happen. That wasn't asked in the survey. A third said access to capital was essential to their growth.  Not only do we need help from teachers, road and bridge builders, internet super-highways, but we also need the government and bankers or other capital investors. Hats off to the guys with money!                                

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