(Mandel Ngan/AFP/Getty Images)

Conservatives have been jumping on comments President Obama made in Roanoke, Va., in which he said "if you've got a business, you didn't build that."

As an example, read what the Heritage Foundation posted at its blog that the comment was a "slap in the face to hard-working Americans conveyed Obama's belief that it takes a village - a heavily subsidized village - to create that venture you're profiting from."

A Romney campaign spokeswoman told Fox the comment was " insulting" to small business owners.

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The president's argument, which is similar to one made by Massachusetts Senate candidate Elizabeth Warren, revolves around the idea that business people need the infrastructure provided by the government in order to succeed.

Here's the full context of what he said: