Obama truly does not know how our economy works. Said President Obama:
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.
This kind of philosophy completely undermines the concepts or hard work, individual merit, and private property. Plus, the internet was created to support national security in the event of a nuclear war, not so that companies could make money.
(HT: Ed Driscoll
