Yes. It's a symbiotic relationship, but so often that gets ignored. Without the workers the owner has no business, without the business the workers have no work. We scratch each other's backs, but the cultural mythology is the owners are the only ones doing any back scratching.
That isn't really a myth at all. Everyone in business knows
that it's about organizing the capital & labor of others.
Obama was creating a dishonest straw man in order to
create a greater sense of entitlement among the masses.
They don't take a risk to their bank account (they typically can't afford to). They take risks to their life and limbs, joints and tendons, ligaments and muscles. It took a president to ensure we even have base-minimums for legal standards when it comes to workplace safety because the belief "they take no risks" is too widely accepted.
I don't buy the argument that workers take risks in the sense that entrepreneurs do.
I've been there & done that. None of my workers have ever been injured on the job.
They've always been promptly paid, & had nothing at risk. I was the one who invested
the capital, designed the systems, & worked the long hours getting things up & running.
And when faced with market downturns or legal battles, all the stress was mine. And
in years when there were losses, I alone bore them. (And now here I am boring you.)
This is something that an Obama would never experience or understand.