Under Obama’s formulation — “You didn’t build that. Somebody else made that happen” — All private success is nonexistent. There is only the glory of the state, as expressed through collective action. The ditch digger and social worker share equally in the success of the small-business owner and the tycoon. Therefore, they deserve an equal, or at least much larger, share of the fruits of the entrepreneurs’ labor.
This is the thinking of a man who views businesses as entities to be milked for the good of the collective. This is the message he intends to try to sell in New Hampshire, where New Englanders often flee to start their own businesses because their home states tax and regulate too much. Good luck with that message, Mr. President.