We built that (with some government help)

Republicans have made a lot of political hay by taking out of context President Obama’s comment about how successful businesses weren’t built on their own. But some of their examples of go-it-alone entrepreneurs haven’t held up to closer examination. Rep. Tim Huelskamp, R-Fowler, produced a video about a box company in Hutchinson whose owners, “not Barack Obama, built their business.” But the Hutchinson News reported that the company asked for and received several exemptions from property taxes. Sher Valenzuela, a Republican candidate for lieutenant governor in Delaware, bragged at the Republican National Convention about how she and her husband built their business on their own. She didn’t mention that they began their business with the help of a federal loan, or that they expanded it thanks to a large loan backed by the federal stimulus act, or that most of their business is government contracts.