In a speech last Friday, Hillary Clinton committed a gaffe by stating, "Don’t let anybody tell you that it’s corporations and businesses that create jobs.”

'You Didn't Build That' Part II? Hillary Tries to Walk Back Jobs Remark

Although she has tried to backpedal and explain her statement - saying she "shorthanded this point" - many have seized onto the comment.

On "The Cost of Freedom" today, Bill Johnson, former Heinz CEO, called it "an idiotic statement" and asked if businesses and corporations don't create jobs, then who does?

Even if businesses didn’t do all the job creation, Johnson said, they pay a significant amount of taxes that the government then redeploys to create jobs.

He added that Clinton herself has done very little to create an atmosphere that is conducive to businesses and job creation.

Watch the clip above.

Krauthammer: Hillary Clinton Has ‘An Intrinsic Insincerity’