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Pat Buchanan: Government Does Not Create Wealth

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    Syndicated Columnist Pat Buchanan on why the government does not create business and economic growth.

  • Duration 6:26
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We'll -- Sabbah mr.

good deals become mr.

anything but continuing a broadside.

Of counter attacks -- a president Mitt Romney says doesn't get it and whose attacks.

On successes small business have revealed Democrat's inner core and for business -- Romney all but saying the president's rotten to the gore.

Well Republicans have been urging this fire and brimstone out of Mitt Romney for some time.

Including this next guy pat Buchanan's argued that robs brings the fight to Obama now or it could be over four months from now Patrick good to have you.

The talk -- -- what do you make of this are being Europe.

That your your your guy known not for mincing words.

Now he's counterattacks -- Mitt Romney -- -- I think -- maybe get in the eye of the tiger you know and maybe in the first round of rocking against Apollo creed.

This is an excellent -- -- let me tell you.

Barack Obama -- -- all due respect does not understand America.

He at least does not understand that part of America which produces and creates.

He spent his whole life and government tax exempt -- additions tax subsidized education tax supported institutions.

Does she not understand what creates the wealth in America.

You know deal look back for the first of 775.

Years of our existence as -- people the American people there was no federal government.

I think create a -- country of 3000013.

Colonies which defeated the greatest empire and the world.

Other than the individuals who -- the farms and little factories who clothed and fed in the house themselves in created one of the great -- saudis on earth.

-- -- Before the federal government -- Clinton.

We don't citizen I actually talked to the guy featured in that -- who who hates it doubly you know -- I'm not a Republican.

But -- I'm -- sick and tired of being vilified.

-- the success I've developed here at this at this factory in my dad don't.

And no one was there for us when we had to mortgage my dad's house to keep this factory running -- it it's used to get compelling story but.

What -- is -- about this step he's not Bill Gates he's not Steve Jobs he's not Thomas -- and -- -- -- he's just an average Joseph.

Who would you within his family and and -- his dad.

Built this successful factory and I think it changes it the context of this debate we have.

I do in this sense the great argument in this election I think.

Is between the champions of the public sector of government the government is the creator government is the grade for its government is indispensable power.

And those who believe in the individual and small business and entrepreneurs.

And creators.

Now again it may not -- Barack Obama's fault because a -- came from.

But Howard he learned this -- up where he spent his life he spent it is that in the student union and the faculty lounge and academia.

In politics.

Community organizer.

Bookings -- -- what Frank Marshall Davis and Sullivan's -- how what do you learn about the tremendous entrepreneurship and their creative vitality.

That may -- the greatest country on earth.

You know you go back to cal Coolidge when he left -- -- left office.

The federal government spent 3% of gross national product voters you think created that great country.

You know what worries me it comes -- during -- week when.

We year's steady orders you know that say are the best stimulus we could use right now.

Food stamps unemployment insurance.

Another -- we have a congress have a mindset.

Focus more on jobless benefits and providing jobs.

More focus on providing food stands and addressing.

The underlying poverty and weak economy that makes -- necessary.

And I look at our decision and this is -- -- You know managers -- Steny Hoyer to contemporary and friend of mine he went to suit and high down the street when I -- -- -- drag I was in Washington DC.

All of the 1950s.

We grew up.

We didn't have any food stamps they didn't exist there were 800000 people in Washington DC 200000 more than they are today.

Quarter down from black folks 400000 white folks there were no food stamps and no one starved people provided for their families.

Something has happened to this country out of India but even stand in the other understand without government we can't make it.

Mean people may have abated Altera lodged in America the -- again the government doesn't create well it collects re distribute and consumer.

-- they have something and you hit on this when you -- before a lot of people about.

If I had to hear this notion that it's one thing elected government we know -- -- elected government of the Democrats like a government that's not a Fox News alert.

I guess what -- my eyes up this week was.

This.

Overly dismissive view of wealth of success that it's not only you low us.

It -- it's almost -- dismissive.

Contemptible attitude toward -- that that.

It's it's not only about you doing your fair share and ignoring the 50% of Americans have been -- -- cut taxes at all.

But it's like that that there's success.

Has a big -- attached to you know.

You know let me tell you what they're saying -- -- what -- saying is you people can't do it on your own you can't create a great country.

You need us and really you depend upon -- without us here in this government.

You can't really create these businesses we are the indispensable.

Force in American society we -- -- great creative force those of us here in the government.

They've got it backwards and they've got it wrong.

In Mitt Romney ought to make this really that key dividing line.

And America on a high road that look people built this country they built their businesses they created this country.

And when government came together even if -- say.

You build -- Golden Gate Bridge.

I want a bunch of guys from Hud and HEW go on our dental work and another look at at.

They -- contract you're out of engineers you got creative genius just can't John Deere construction workers hiring union does they built a bridge.

-- -- You know I really feel sorry in away that Barack Obama in his whole life.

And -- -- that what are you are worried he learned at the Harvard Law Review.

Loses everybody enjoy having you on that did -- yeah.

A key currency your mail -- -- -- good Pat Buchanan.