Reply to You Own a Business? "You Didn't Build That," Says Obama

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[quote=Anonymous]It's amazing how little people know about services their government performs for them.  Life-saving cancer drugs are developed by pharmaceutical companies, but only after NIH has done all of the basic, non-appropriable initial research.  HUge numbers of the products we enjoyed inthe 70's, 80's and 90's were originally developed by the space program.

Wealthy people take risks, but only because they are often the only people with enough of a cushion to take the risk and not starve their families. If you have $100 million in the bank, nothing you do for the rest of your life will ever be much of a risk.  It's also hard to make the argument that many of the superrich are succeeding on hard work alone.  How many hedge funders are hired because they can solicit business from friends of  wealthy parents?  Let Mitt Romney's sons change their last name and see how well they do as "businessmen".

The entitlements that will eventually bust the budget  are the ones that aren't means-tested, and it will be Medicare that does it, not AFDC or food stamps.  [/quote]

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