Who creates wealth?

Business leaders hit back at Obama after he says the wealthy AREN'T responsible for their own success

• America's leading small business association has slammed Barack Obama for showing 'an utter lack of understanding' of the country's entrepreneurs when he told them: 'If you've got a business - you didn't build that. Somebody else made that happen.'
• The inflammatory campaign speech comments underline the extent to which Obama believes that the state rather than ordinary citizens create jobs and wealth. 
• An NFIB spokesman added: 'I'm sure every small-business owner who took a second mortgage on their home, maxed out their credit cards or borrowed money from their own retirement savings to start their business disagrees strongly with President Obama's claim. They know that hard work does matter. [emphasis added] 
• Mr Chavern wrote: ‘Success is apparently a collective effort - but where was that "collective" during the periods of risk-taking and failure? The vast majority of businesses fail. Period.
• Obama's comments strongly echo controversial remarks made by Elizabeth Warren, a liberal darling and candidate for the US Senate in Massachusetts, in August 2011 when she said: 'There is nobody in this country who got rich on his own. Nobody.'

I didn't see the government making my losses good when my efforts to make a buck resulted in a loss.  They are only interested in you if you make money.  They also like to subsidize failure.  Take from the successful and give to the failures.  What kind of crazy thinking is that?

You have to have incentives in order to get people to take the risks so that they can benefit from the rewards.  If you take the rewards from them, they won't take the risks and society cannot benefit from their risk taking.

Duh.