Wednesday, July 25, 2012

Romney’s ‘We Did Build This’ Events Feature Businesses Built With Government Subsidies And Contracts

http://thinkprogress.org/politics/2012/07/25/584751/romneys-we-did-build-this-events-feature-businesses-built-with-government-subsidies-and-contracts/

By Aviva Shen on Jul 25, 2012 at 3:12 pm

Today, the Romney campaign is hosting an entire series of campaign events based on President Obama’s misinterpreted comment about small businesses. While Obama’s full speech made a “no man is an island” argument, the Romney campaign has seized on the quote, “If you’ve got a business, you didn’t build that” as evidence of Obama’s disdain for small business owners.

Romney, ignoring the fact that he has echoed this same sentiment on multiple occasions, organized 24 “We Did Build This” events in the battleground states of Pennsylvania, Wisconsin, Virginia, Ohio, Iowa, Florida, Missouri, North Carolina, Michigan, New Hampshire, New Mexico, and Nevada. At each event, local business owners are speaking about their self-sufficiency in running a business and how government is hindering their growth.

But, like the New Hampshire business owner showcased in Romney’s attack ad on the issue, many of these business owners have received significant support from the government, a ThinkProgress analysis finds.

Ball Office Products hosted the “We Did Build This” event in Richmond, Virginia. The company received a loan of $635,000 through the Small Business Administration in 2012, according to USASpending.gov. The company was also awarded a lucrative $52,525 contract with the General Services Administration just a year after its founding.

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