Don’t let decline of the U.S. begin
The Daily Herald’s endorsement of Mitt Romney is right on the mark and clearly states the dangers of re-electing President Obama. History is shouting at us. Two presidents in modern times proposed and supported legislation lowering taxes to stimulate economic growth. They were Democrat John Kennedy and Republican Ronald Reagan. Historical data support their both being correct.
A study of ancient civilizations, the Phoenicians, the Carthaginians and the Roman Empire, all clearly indicates reasons for their happiness and prosperity, and their eventual demise. In general terms, when costs of doing business were low, their economies thrived. Taxes increasing and government controlling redistribution of wealth caused their eventual demise. Prime examples of government control of distribution of wealth having a negative effect on an economy would be Cuba and North Korea.
As the Daily Herald endorsement aptly states, businesses create jobs, not government. In a future century, authors will pen “The Rise and Fall of the United States of America.” On Nov. 6, I will do my small part to delay the creation of that literary work. Mitt Romney for president.
Richard J. Piagari
Des Plaines