Obama responds to "you didn't build that" attack in new ad
(CBS News) For days, Mitt Romney has been using President Obama's recent remarks on the economy against him, suggesting the president doesn't support small businesses.
Now Mr. Obama is finally hitting back in a campaign ad slated to air in six swing states.
"Those ads taking my words about small business out of context - they're flat out wrong. Of course Americans build their own businesses," Mr. Obama says in the new ad, speaking directly into the camera while seated in the White House. "Every day, hard-working people sacrifice to meet a payroll, create jobs, and make our economy run. And what I said was that we need to stand behind them, as America always has."
The ad comes after a week of attacks from the Romney campaign over remarks Mr. Obama made last Friday in Virginia, where he argued that successful businesses rely on public resources funded by the government.
"If you were successful, somebody along the line gave you some help," Mr. Obama said. "There was a great teacher somewhere in your life... Somebody invested in roads and bridges. If you've got a business -- you didn't build that. Somebody else made that happen... The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together."
Unpacking the "You didn't build that" debate
In ads and in their campaign attacks, Romney and Republicans focused this snippet of Mr. Obama's remarks: "If you've got a business -- you didn't build that. Somebody else made that happen."
Obama campaign spokesperson Jen Psaki told reporters today, "We are not going to stand by while Mitt Romney slices and dices and deliberately takes out of context the president's remarks on businesses."
The ad is slated to start airing Wednesday in Virginia, North Carolina, Florida, Ohio, Iowa and Nevada.
When asked whether the ad illustrates the Obama campaign's concern that the Romney attacks could be gaining traction, Psaki said, "It was important to us to ensure that people knew where the president was coming from, how much he supports entrepreneurs and small business owners, and how their records contrast."
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We built it all and we used to regulate the greed that the right wingers channeled to crash the economy in 2008 (before Obama).
It's simple really. Take away government and businesses will adapt. Take away businesses and the government has no one to govern. Nothing misleading here.
"If you own a business, you didn't build that!"
"Of course Americans build their own businesses."
It is completely clear that these two diametrically opposed statements cannot both be accurate, yet they have come out of one person's mouth. He is backpedaling because he knows he made a huge mistake. The original statement came first, before he realized the cliff he was jumping off of. Therefore, that one indicates his true feelings. Please stop trying to explain his words, or change them, or make them mean something else.
Businesses succeeded long before there were roads and bridges. Businesses succeeded before government tried to steal their profits. Businesses succeeded before we even had currency, and the barter system was in full effect. Businesses don't need government. Government needs business!
As for the you didn't build that [road} statement, you are doing exactly what I said not to. I used Obama's words, you are adding to them to try and make your point. If you can't defend his exact words, you shouldn't even try.
NO -- that's NOT communism, Marxism, socialism, or any other "ism." It's how the United States grew from a puny collection of thirteen colonies stretching up the east coast of the "New World" into a continental nation with enormous economic and military power. (Yes, there were terrible crimes along the way, including slavery and our treatment of Native Americans.) But when critical infrastructure was needed -- the Erie Canal, the transcontinental railroad, land-grant universities, the interstate highway system or, more recently, the Internet -- WE came together to make it happen.
Public goods and private goods are profoundly interdependent; you really CAN'T have one without the other. Most Main Street entrepreneurs understand that interdependency very well. I'm not sure private equity executives and hedge fund managers and credit default swap traders and TBTF bank execs share that understanding!
You are able to build a business in this country because WE, the taxpayers, built a country conducive to building businesses.
In the Soviet Union, capitalism triumphed over communism. In this country, capitalism triumphed over democracy. -Fran Lebowitz, author (b. 1950)