Obama’s War on Family Business

Obama’s War on Family Business

One of the aspects of President Obama’s worldview that has drawn consistent fire is his evident hostility toward business. His comments in Roanoke, Virginia three weeks ago (“If you have a business, you didn’t build that”) are just the most recent in a long history of shameful displays of ignorance about the way a business is launched, how it is grown, and what makes it successful.

In his speeches, Obama tends to praise businesses only as a lead-in to calling for higher taxes on them. The President likes to attach a taint to the word “business,” as if every enterprise...