The
Business Journals...
4
reasons
why “you didn’t build that” still haunts Obama
by Kent
Hoover, Washington Bureau Chief
Friday,
July 20, 2012
It’s been a
week since President Barack Obama made a remark that’s been haunting
him ever
since: “If you’ve got a business -- you didn’t build that. Somebody
else made
that happen.”
Many
business owners felt insulted by this remark, despite attempts to
explain the
context. Republican presidential candidate Mitt Romney spent the week
hammering
Obama over this statement. He drove the point home Thursday during a
visit to
Middlesex Truck & Coach in Roxbury, Mass. Obama’s remark shows
the
president believes “that people who build enterprises like this really
aren’t
responsible for it,” Romney said.
“Come here
and talk to Brian [the owner of the trucking company], and you’ll learn
that in
fact he did build this business,” Romney said. “Someone else isn’t
responsible
for what he did here. He’s the one that took the risk. He’s the one
that built this
enterprise.”
The Romney
campaign also released a 30-second television ad today featuring
another
business owner who was offended by the remark. The Obama campaign
responded
with their own video, accusing the Romney campaign of distorting
Obama’s remarks
through selective editing.
The remark
also remains a hot topic for Beltway pundits -- today’s Washington Post
included two columns about the “you didn’t build that” line, one by
liberal
Ezra Klein and one by conservative Charles Krauthammer.
So why hasn’t
Obama been able to put this controversy behind him?
Here are
four reasons:
The context
of the remark cuts both ways
The “you
didn’t build that” line came in the middle of a riff by Obama about how
successful people didn’t get there on their own -- they had help. In
the
sentence just before this line, Obama said, “Somebody invested in roads
and
bridges.” So when the president, said “If you’ve got a business, you
didn’t
build that. Somebody else made that happen,” he probably was referring
to roads
and bridges, not your business.
At least
that’s how I interpreted it, after rereading his speech and watching
the video.
Plenty of readers think otherwise, however.
After all,
what sure sounded like an insult to business owners fit the president’s
overall
theme -- successful people got help from others, including the
government, and
therefore should be willing to pay more in taxes.
Romney said
Obama’s “you didn’t build that” line “wasn’t a gaffe. It was, instead,
his
ideology. The president does in fact believe that people who build
enterprises
like this really aren’t responsible for it, but in fact a collective
success of
the whole society that somehow builds enterprises like this.”
The remark
reinforced the impression that Obama doesn’t get small business
The
president never ran a business -- he never even worked for one, unless
you
count his brief stint at a law firm. Obama was a community organizer, a
constitutional law professor and a legislator before becoming
president. Unlike
Romney, he doesn’t speak the language of business -- and when he tries,
it
often comes out wrong.
Six weeks
ago, he said, “The private sector is doing fine.” He was roundly
blasted for
being out of touch with economic reality.
In 2009,
during the debate over health care reform, Obama said rising health
insurance
premiums were forcing some small businesses to shut their doors. That
didn’t
make sense -- small businesses wouldn’t close if they couldn’t afford
health
insurance, they’d just drop the coverage. There was no employer mandate
at the
time -- maybe Obama was projecting ahead.
There are
plenty of other little examples of odd things Obama has said about
small
business -- at a campaign stop yesterday he talked about traveling the
country
and meeting “a small business owner who sacrificed some of their own
perks and
maybe their own pay” to avoid laying off workers.
Perks?
Small business owners?
The remark
gave Romney the opportunity to go on offense
Until Obama
made his “you didn’t build that” remark, the president’s campaign had
put
Romney on the defensive about Bain Capital, the private equity firm
Romney
founded and ran. There has been a tidal wave of stories about
businesses that
were shut down after Bain acquired them and investments by Bain in
businesses
that outsourced jobs to other countries.
Obama’s
remark gave Romney a chance to counterattack Obama, instead of just
play
defense. And he’s making the most of it, as mentioned earlier.
Which leads
to the fourth reason why the “You didn’t make that” controversy is
still with
us:
It makes a
great T-shirt
For $20,
you can buy the following red T-shirt from Romney’s campaign:
“I built my
business, Mr. President.”
Read this
and other articles at The Business Journals
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