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Old July 16th, 2012, 10:51 AM   #1
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Default Business owners didn't build thier business?

http://www.foxnews.com/politics/2012...success-alone/

"President Obama, in a speech to supporters, suggested business owners owe their success to government investment in infrastructure and other projects -- saying “if you’ve got a business, you didn’t build that.”
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Old July 16th, 2012, 10:52 AM   #2
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Bwahahahah!!!!!
I see some backpedaling happening on this.
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Old July 16th, 2012, 11:22 AM   #3
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If one builds a business in this economy, they did in spite of this administration.
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Old July 16th, 2012, 11:38 AM   #4
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I understand what he’s trying to say, but he worded horribly.
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Old July 16th, 2012, 11:47 AM   #5
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No he didn't. He actually told the truth about how he thinks for once.
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Old July 16th, 2012, 11:49 AM   #6
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It's becoming that being a communist isn't even frowned upon anymore.
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Old July 16th, 2012, 11:52 AM   #7
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Originally Posted by brewmenn View Post
I understand what he’s trying to say, but he worded horribly.
I don't. I believe he thinks exactly what he said. And for one, I believe he is full of horseshit. People who started their own business are successful purely because the had the smarts and the tenacity to make it work. No one else will do it for you.
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Old July 16th, 2012, 11:52 AM   #8
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How did this man become President?

Edit: wait that's not the word I'm looking for...

Ok, back to working on my business that I'm not actually building myself....
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Old July 16th, 2012, 11:56 AM   #9
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Where can we start Wakebabe?
1. Uneducated voters looking for handouts.
2. The idea of a black president who can assist the above....
You get the idea....
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Old July 16th, 2012, 11:59 AM   #10
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you guys got some kind of a-hole for a president. a few weeks ago I was stateside shopping and spoke about your pres. with a black clerk. She thinks hes doingso so ok, she will be voting for him again because she said hes just getting started and he needs more time. I dam near fell on the floor, I didnt think anyone person could be so stupid( she must have been twins)
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Old July 16th, 2012, 12:32 PM   #11
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Quote:
Originally Posted by brewmenn View Post
I understand what he’s trying to say, but he worded horribly.
Agreed.

To say any business owner in this country has built their business without any help from the government is ludicrous. For that to be true, the business owner would have to hire staff that has never benefited from the public education system (grade school, technical/vocational schools, colleges...), never moved goods or services across public roads, never had an account at an FDIC or NCUA backed financial institution, never taken a loan or funding through any federally backed programs, never benefited from publicly available demographic/statistical research for marketing purposes, have police and fire protection in the area that they operate/live in, etc.

I'm not saying that all of the government's policies and programs are as efficient or worthwhile as they could be, but they do provide some measure of good.
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Old July 16th, 2012, 12:39 PM   #12
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These are his words and there is no dening he said what he said.

http://foxnewsinsider.com/2012/07/16...ent-criticism/
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Old July 16th, 2012, 12:43 PM   #13
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a metric shiton of demographic and statistical research, even publicly available is now generated by the folks in commerce themselves rather than pathetic projections from "think tanks" or the snails pace of a census every 10 years.

Are there transportation, financial and information networks that are substantially subsidized (if not entirely provided for) by public money? of course. however giving credit to infrastructural things instead of to the entrepreneur is ludicrous.

those infrastructural things are available to everyone. by the rationale embodied in his plain statement, we all should be business owners...
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Old July 16th, 2012, 12:53 PM   #14
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Quote:
Originally Posted by whiterhino View Post
I don't. I believe he thinks exactly what he said. And for one, I believe he is full of horseshit. People who started their own business are successful purely because the had the smarts and the tenacity to make it work. No one else will do it for you.
I think that what he was trying to say is that no business today exists in a vacuum. Every business relies on infrastructure and technology that was paid for and developed by other people and organizations, often times the government. So it make sense to expect those businesses to “give back” so that future businesses can also succeed.
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Old July 16th, 2012, 12:59 PM   #15
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Originally Posted by aber61 View Post
These are his words and there is no dening he said what he said.

http://foxnewsinsider.com/2012/07/16...ent-criticism/
The link in the first post actually had more of what Obama said than the link you posted. But I’m not surprised since you apparently never actually read the links you post.
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Old July 16th, 2012, 01:02 PM   #16
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Private buisness' exsisted before public infrastructure. Private buisness' would still exsist without public infrastructure. Goverment did not build private buisness'. I see that point he was trying to make. His point is moot.
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Old July 16th, 2012, 01:05 PM   #17
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Private buisness' exsisted before public infrastructure. Private buisness' would still exsist without public infrastructure. Goverment did not build private buisness'. I see that point he was trying to make. His point is moot.
Maybe that was somewhat true 200 years ago. not so much today.
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Old July 16th, 2012, 01:05 PM   #18
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a metric shiton of demographic and statistical research, even publicly available is now generated by the folks in commerce themselves rather than pathetic projections from "think tanks" or the snails pace of a census every 10 years.
All of the vendors (D&B, Thomson Gale, EMSI, ESRI, Claritas, etc.) I have spoken with that compute their own data still use annual updates from the BLS, BEA, and Census (they generally use ACS data but there are still a few firms using decennial census information) as the baselines for their models and then fill in the gaps with their own surveys and models.

I sift through data from the private sector and the public sector all day everyday and the accuracy, completeness, and consistency of the data from the private sector still pales in comparison to that of the data from the private sector (lack of consistency is the biggest complaint you will hear from anybody regarding private data). Databases like ReferenceUSA and Hoovers, which use relatively little public data are garbage compared to some of the stuff you can get from Claritas or ESRI which use relatively more public data.

Another downside of the private data, when compared to the public data, is that it is difficult to check their work since the user agreements generally forbid you from seeing the mathematical models used to produce their forecasts. Instead, most reputable agencies will instead use the publicly available data and models from the BEA/BLS/FED and supplement them with models like IMPLAN and REMI (which were created by public universities) because it is so much easier for another user to replicate the results and verify the data.

In the end, yes, there are privately available data sources out there, but those sources still rely on the public side of the equation as well.
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Old July 16th, 2012, 01:12 PM   #19
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Quote:
Originally Posted by brewmenn View Post
I think that what he was trying to say is that no business today exists in a vacuum. Every business relies on infrastructure and technology that was paid for and developed by other people and organizations, often times the government. So it make sense to expect those businesses to “give back” so that future businesses can also succeed.
I get what you're saying. And, I'm not assuming you agree or disagree, I take it as you were just interpreting what he 'meant to say'...but I scratch my head at how businesses don't already give back. If the business is successful it is creating jobs, providing services and goods to other businesses and consumers, using this infrastructure everyone is talking about and the business pays to use it, etc. Anyone who has tried or succeeded at building a business at any level knows that it's not easy, and it's not 'free' to do so.
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Old July 16th, 2012, 01:24 PM   #20
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Quote:
Originally Posted by RyeBread View Post
a metric shiton of demographic and statistical research, even publicly available is now generated by the folks in commerce themselves rather than pathetic projections from "think tanks" or the snails pace of a census every 10 years.

Are there transportation, financial and information networks that are substantially subsidized (if not entirely provided for) by public money? of course. however giving credit to infrastructural things instead of to the entrepreneur is ludicrous.

those infrastructural things are available to everyone. by the rationale embodied in his plain statement, we all should be business owners...
That is what I was thinking ass well. As far as those things go, it's a level playing field. There are reasons why some businesses fail and some succeed. In my opinion, it is mostly due to the leadership of the owners that determines what will happen.
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