Warren takes page from Obama’s ‘you didn’t build that’ message to entrepreneurs

(FILE PHOTO by Getty)

Instead of pretending to be Native American, Democrat presidential candidate Sen. Elizabeth Warren is now seemingly pretending to be former President Barack Hussein Obama.

During a campaign stop in New Hampshire on Labor Day, the 2020 contender closely echoed Obama’s infamous “you didn’t build that” speech of 2012.

She made the remarks while defending the “wealth tax” she seeks to implement to pay for, among other things, reparations for gays, reparations for blacks and universal childcare.


(Source: Breitbart)

“It is time for a wealth tax in America,” she said, before going on to mock wealthy Americans who earned their money through hard work. “I’m not proposing a wealth tax because I’m cranky. Some of these guys say, ‘I worked hard. I had a great idea. I worked late’ — oh yeah, unlike anybody else. But ‘I worked late or inherited wealth, and so this is mine.'”

While she apparently finds the idea ridiculous, a survey conducted by Fidelity Investments two years ago found that 88 percent of millionaires were self-made. These are the facts.

“And the answer is yeah, you did,” Warren momentarily conceded. “Good for you. You did have a great idea and you did work hard. No one is angry about that, but here’s the deal.”

I guarantee you built it at least in part using workers all of us help pay to educate. Yeah. You built it at least in part, getting your goods to market on roads and bridges all of us helped pay to build. Yep. You built it at least in part, protected by police and firefighters all of us help pay their salaries. And we’re are glad to do it. These are the investments we make as Americans.

In other words, “You didn’t build that.”

Sound familiar? It was seemingly a slightly less rude rehash of what Obama had said in 2012.

“[I]f you’ve been successful, you didn’t get there on your own,” he’d said at a campaign event in Virginia. “You didn’t get there on your own. I’m always struck by people who think, well, it must be because I was just so smart. There are a lot of smart people out there.”

Or like Warren sarcastically went on to say seven years later, “Some of these guys say, ‘I worked hard. I had a great idea. I worked late’ — oh yeah, unlike anybody else.”

“If you were successful, somebody along the line gave you some help,” Obama continued in 2012. “There was a great teacher somewhere in your life. Somebody helped to create this unbelievable American system that we have that allowed you to thrive.”

“Somebody invested in roads and bridges. If you’ve got a business — you didn’t build that. Somebody else made that happen. The Internet didn’t get invented on its own. Government research created the Internet so that all the companies could make money off the Internet.”


Here’s a little secret, though: Unbeknownst to most Americans, Obama wasn’t the inventor of this line of thinking. Believe it or not, but Warren was the one who came up with it.

It was in September of 2011, about a year before Obama immortalized the “you didn’t build it” line of thinking, and roughly two months after Warren stepped down as a special adviser for the Consumer Financial Protection Bureau, when she first trotted out this theory.

“There is nobody in this country who got rich on his own. Nobody,” she said while campaigning against then-incumbent Massachusetts Sen. Scott Brown for the seat on the Senate that she now holds.

“You built a factory out there? Good for you. But I want to be clear: You moved your goods to market on the roads the rest of us paid for; you hired workers the rest of us paid to educate; you were safe in your factory because of police forces and fire forces that the rest of us paid for. You didn’t have to worry that marauding bands would come and seize everything at your factory, and hire someone to protect against this, because of the work the rest of us did.”


And so while it appeared at first glance Monday that Warren was stealing Obama’s idea, the truth has always been that Obama had stolen her idea. Mind-blowing, yes?

But as noted earlier, the whole idea is based on a false premise. Even most billionaires are self-made. According to data from the market research firm Wealth-X published just months earlier, only 13.3 percent of all billionaires inherited all of their wealth. Meanwhile, a 55.8 percent majority of billionaires worldwide earned their wealth entirely via their own volition.

“In fact, almost all of the current richest billionaires are self-made, from Amazon founder Jeff Bezos, the richest man in the world with a current net worth of more than $155 billion … to Google co-founders Larry Page (more than $53 billion) and Sergey Brin (more than $52 billion), the 10th and 11th richest respectively,” CNBC reported at the time.

The same may not be said of Warren, a millionaire whose entire life and career, some argue, has been predicated on the glaring lie that she’s Native American:


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Vivek Saxena


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