On 'Fox and Friends,' on Monday morning, the Fox News show aired a video clip (below) from an Obama campaign speech in Roanoke, Virginia, in which he says: “If you’ve got a business, you didn’t build that. Somebody else did that.”
Fox News later ran the headline, 'Obama Insults Small Business Owners,' while the DrudgeReport.com screamed 'President Goes Wild: 'If you've got a business, you didn't build that. Somebody else made that happen...'
House Speaker John Boehner even responded to the deceptively edited comment with: “He said that because he has no idea what it takes to build or run a small business.”
The quote also prompted talk show host Rush Limbaugh to declare that President Obama “hates this country.”
However, the full text of Obama's speech actually challenged the idea that wealthy and successful individuals have never benefited from government programs, reports MediaMatters.org:
"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. It must be because I worked harder than everybody else. Let me tell you something, there are a whole bunch of hardworking people out there.
If you were successful, somebody along the line gave you some help."
"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."
"The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together."