Comments and observations on social and political trends and events.

Sunday, July 22, 2012

King Barack I vs. the American Gospel of Success By Robert Tracinski

I like this analysis byRobert Tracinski. It covers a lot of ground and I agree with the points he makes.

King Barack I vs. the American Gospel of Success

Over the years I've met several business owners who have created their enterprises from nothing. One is a college friend of my wife who spent years scrimping and saving, working insane hours without knowing whether or not her business was going to succeed or not. Finally over. Here's the business to take off and eventually was bought out by a much larger organization. Our friend was asked to stay on and help continue managing the business the sheep built. But for years we saw very little of her because she was working 18 hour days six and seven days a week.

I also recall meeting a fellow while working on account where he and some of his coworkers bought the plant that was being sold by the parent company. They scraped together enough money by mortgaging their homes to buy the plant. There were no guarantees either business was going to survive. And if the businesses had failed the guys who bought the plant I mentioned above could have easily lost their homes.

Why tell the stories to uphold liberal friends of mine live in the area and indicate how much these people put on the line and how many hours they work I get to look of disbelief as if they are saying, “How could that possibly be?” In fact when one friend almost comes out and says it's not possible anybody could work harder than him. I'm not saying he doesn't work hard but I also know he engages in a lot of activities such as biking, tennis, hiking etc. that our friend I mentioned above had to completely abandon in order to build her business. I don't begrudge her the money she made. But I do sense resentment from our friends.

Obama talks about how people who have succeeded in creating and building their business are basically not smarter than the rest of us or haven't worked harder than the rest of us (although I would dispute that). He conveniently ignores one point that distinguishes people who have succeeded in creating their own businesses: they have taken risks that other people have not taken or are not willing to take.

He also conveniently forgets to mention the fact that the same people who created businesses from nothing did so from a vision of what they wanted to create.

If polled I would assume that the majority of business owners would agree with Obama's general point that it would not have been possible for them to create their business without the foundation of the infrastructure provided by local and federal taxes. To me this is the equivalent of saying we all need soil in order to grow crops. But it still takes someone with initiative, vision, and willingness to take risks to plant their seeds in the soil and spend the time and effort and sweat it takes for the seeds to grow. All this without a guarantee that their seeds will actually sprout.

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