Good job. Most people have no idea how much works goes into starting and running a business. And in the early days, you can be literally working for peanuts with no health care, no vacations and no benefits.
What Obama actually describes are crony capital businesses that only succeed because of their crony connections to government. Cronies are probably the only business people he has ever dealt with. That actually makes sense considering what he stated.
No health care? Not any more. Haven't you heard: Thanks to Obama, health care is now "free."