Iowa small business owners wrote open letter to Obama, Romney campaign says

Yes, we did build it, Mr. President. And, no, Mr. President, the private sector is not doing fine.

We are a group of small business owners and operators. We have our fingers on the pulse of the economy. You can tell us that our hard work is not actually responsible for our success. And you can tell us that the economy is booming, even when it is in the midst of a bust.

You may be the President of the United States, but you still do not have the power to redefine words merely because you occupy the Oval Office. And the fact of the matter is that, contrary to what you have stated, government did not build our businesses. We built them.

And contrary to what you have stated, the private sector is not doing fine. Rather, it is suffering because of the very government that you are leading.

Over the past three years, you’ve piled on regulations and red tape that drain away our time, our energy, and our capital, making it harder for us to grow, to invest, and to hire.

You’ve saddled the country with obligations that will take generations to repay, but which directly impact the business climate at this moment.

You’ve imposed a federal health-care scheme on all of us that is crippling in its effects and its costs. You

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