“There is nobody in this country who got rich on their own. Nobody.” Elizabeth Warren, 2012.
“If you’ve got a business — you didn’t build that. Somebody else made that happen.” Barak Obama, 2012.
“Don’t let anybody tell you that it’s corporations and businesses that create jobs. You know that old theory, trickle-down economics. That has been tried, that has failed. It has failed rather spectacularly. Hillary Clinton, 2014.
Where to begin? Where to begin?
I suppose the first thing to be said about this democratic mantra, which I suspect we will be hearing more of as the presidential political season begins to heat up next year, is this: What would you expect from those who never built anything: A community organizer, a college professor and a politician.
What does Obama, Warren and Clinton know of the numerous accomplishments and unbelievable philanthropy of giants like Edison, Westinghouse, Ford, Morgan, Vanderbilt, Rockefeller, Jobs, Gates, Zuckerberg (You know: Facebook?) or even the lesser known Pierre Morad Omidyar and his wife Pamela, upon whose computer code was founded the billion dollar industry known as eBay. And that’s not to mention the millions of individual entrepreneurs, male and female, who have labored and sacrificed everything to start and build businesses large and small of their own, employing millions, making this country one of the most envied and, until the social democrats under President Obama and former Senate President [mc_name name=’Sen. Harry Reid (D-NV)’ chamber=’senate’ mcid=’R000146′ ] took over, one of the richest and most generous nations on the face of this earth.
What does a politician, a community organizer and a pampered college professor know of the struggles of men and women who conceive, assemble, organize, conceptualize and sell ideas and then generate the capital necessary to take the first step to build a business, hire employees, send goods to market, innovate and move their businesses and the wealth of its employees forward?
Elizabeth Warren, made infamous the statement: “There is nobody in this country who got rich on their own.” Really? Well, [mc_name name=’Sen. Elizabeth Warren (D-MA)’ chamber=’senate’ mcid=’W000817′ ] consider this, as but on example of how one man did and does make a difference: When in 1927 the old Model T plants closed and thousands of Ford Motor Company employees were laid off after the first new General Motors Chevy entered the market making the Model T obsolete, it was not the employees who went behind their desks to conceptualize how to rebuild and save Ford Motor Company. Those employees went home and wondered where their next paycheck would come from. It was Henry Ford, who got busy behind his desk with his brother to reorganize, conceptualize, capitalize, invest in and grow a new Ford Motor Company. sporting the new Model A — and off things went from there.
Ford’s story is not unique to anyone who understands how America was built by enterprising individuals, not collectives, as social democrats, community organizers and out-of-touch college professors, see things. Individuals with ideas, the guts to risk everything, and the drive to bring people together around their ideas, sufficient to build an industry and create enviable wealth.
Steve Jobs and Bill Gases began with virtually nothing — just a few friends, an idea, an entrepreneurial spirit, the willingness to risk everything and fail, eventually giving way to Apple and Microsoft, employing thousands along the way, making quite a few millionaires out of loyal employees and providing well paying jobs where none would have existed but for them.
Yes, individuals work hard for their paychecks. They labor to assemble products, bring goods to market, fill consumer needs and build an economy. But they didn’t build the industry they work in, somebody else did — to paraphrase Elizabeth Warren, who got it precisely wrong, somebody else did. It was not a collective that drove Ford Motor Company or Apple of Microsoft, but more often than not one man or woman with an idea and a willingness to take a risk to see their dream come true.
And who pays for the roads they drive to work on, the schools their children attend, the police and fire protection they enjoy and all the other benefits enjoyed by all other Americans? Well, if you can believe the IRS, for a large part they can pat themselves on the back for that too. Surprised, Mrs. Warren? Shocked Mr. Obama? Stunned, Mrs. Clinton? The very top 10% of all wage earners pay 71% of all federal taxes, thank you very much. Their contribution makes up 45% of all federal revenue. The bottom, 50%, in case you were wondering, pay 12% of all taxes and contribute a mere 2% of federal income.
So who did build those roads? Or said another way: who really did pay for those roads to be built?
It is a sad fact that the entire ruling elite of the democratic party has not only gotten it precisely wrong, but that they get a free pass from a media with a social agenda that parallels their twisted views uniformly.
But what of Republicans? Where is their answer? Where is their voice? Why have they not made the case against and taken Mrs. Warren’s ideology which is shared by Obama and Clinton and made them answer for their utter unreal view of American enterprise and individual achievement? America was not founded on a collectivist mentality: Russia was. Cuba Was. China was. And America will not be saved by timid voices in opposition to the collectivist claptrap of leading social democrats.
I don’t know what history books Warren, Obama or Clinton read when they were in school, if they read American history at all — and if they did touch on the subject it was likely the nonsense written by Howard Zinn, whose gross mutilation of facts and context, got almost everything wrong — but these democratic leaders who propagate such ignorance and contempt for the American enterprise system and its emphasis on individual risk-taking, deserve to be taken to task for their statements.
It’s time leading republican voices were heard on this subject. It’s time they showed a little irritation at the gross ignorance of history uttered by their democratic opponents. It’s time they spoke up. But will they?