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(CNSNews.com) – President Barack Obama insisted Thursday that without government spending, “Google, Facebook would not exist.”
Obama made the remark at a campaign fundraiser while criticizing the budget passed by House Republicans. Obama said the Rep. Paul Ryan’s budget would, among other things, cut funding for research.
“I believe in investing in basic research and science because I understand that all these extraordinary companies that are these enormous wealth-generators -- many of them would have never been there; Google, Facebook would not exist, had it not been for investments that we made as a country in basic science and research,” Obama said. “I understand that makes us all better off.”
Obama said Ryan’s budget would gut “an advanced, responsible society.”
“I gave a speech on Tuesday about the congressional budget that’s been proposed by the Republicans in the House of Representatives -- a budget that Gov. Romney, who is the frontrunner on the Republican side, has embraced -- said the budget was marvelous.”
But Obama said the “vision” portrayed by the Ryan budget “is of an America where everybody is fending for themselves, a few are doing very well at the top, and everybody else is struggling to get by.”
Obama added that under the Republican budget, “the government is shrunk to the point where things that we take for granted as a society -- as an advanced, responsible society -- are gutted: education, science and research, early childhood education, caring for our environment, looking after our veterans, keeping up with our infrastructure, rebuilding our roads and our bridges so that they’re safe, food safety laws, our capacity to enforce basic consumer protections. All of this is shrunk to the point of near invisibility.”
House Republicans say President Obama is distorting the facts about their budget blueprint:
“Chairman Ryan, passed a responsible budget that would help put Americans back to work, protect our seniors, close President Obama’s massive budget deficits, and do ‘all of the above’ to address high gas prices,” House Speaker John Boehner said in a statement on his website.
“It makes the tough choices the president refuses to make to address the staggering deficits and debt that are slowing our economic recovery, costing jobs, and threatening to destroy the American dream.”
Boehner says the president “has chosen to campaign rather than govern.”
Obama: ?Google, Facebook Would Not Exist? Without Government Funding | CNSNews.com
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