A good article summing up my feelings on this:
http://www.washingtonpost.com/opinions/ ... story.htmlQuote:
Obama compounds the fallacy by declaring the state to be the font of entrepreneurial success. How so? It created the infrastructure — roads, bridges, schools, Internet — off which we all thrive.
Absurd. We don’t credit the Swiss postal service with the Special Theory of Relativity because it transmitted Einstein’s manuscript to the Annalen der Physik. Everyone drives the roads, goes to school, uses the mails. So did Steve Jobs. Yet only he created the Mac and the iPad.
Obama’s infrastructure argument is easily refuted by what is essentially a controlled social experiment. Roads and schools are the constant. What’s variable is the energy, enterprise, risk-taking, hard work and genius of the individual. It is therefore precisely those individual characteristics, not the communal utilities, that account for the different outcomes.
I think that sums it up. Yes we all contribute to infrastructure and that is a long standing function of government. As with many things, it's not so much what politicians say it's how they leverage that into what they are doing or how they will twist it according to their ideology.
I think this will be debated through the election in conjunction with the economy. While it does really annoy me, even I am not looking forward to hearing "you didnt build that" repeated non stop for 3 months. I do like the debate though, I think it's an important one.
That is an interesting interpretation which I hadn't considered within scope. I assumed he meant businesses should be taxed their fair share to cover the infrastructure that they use (even the playing field with individuals who are taxed higher than businesses). Even though as I said, I don't think he's going to spend a dime on infrastructure.