For days, Mitt Romney has been hammering the president about 14 words he said in a speech in Roanoke, Va.: "If you’ve got a business, you didn’t build that. Somebody else made that happen." Romney is accusing the president of "demonizing" and "denigrating entrepreneurship."
What President Barack Obama said, in context, was: "Somebody helped to create this unbelievable American system that we have allowed to thrive. Somebody invested in roads and bridges. If you’ve got a business, you didn’t build that. Somebody else made that happen. The Internet didn't get invented on its own. Government research created the Internet so that all companies could make money off the Internet."
A common sense reading clearly shows the pronoun "that" refers to "this unbelievable American system" that includes roads, bridges and the Internet. His next sentence proves it: "When we succeed, we succeed because of our individual initiative, but also because we do things together."
Ironically, Romney made a similar comment about success in a 2002 Olympic opening speech: "You Olympians, however , know you didn’t get here solely on your own power. All Olympians stand on the shoulders of those who lifted them."
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Don’t be fooled by attack ads that take words out of context.