Letter: Rep. Foster is wrong

By on October 14, 2010

Rep. Foster has been attacking Randy Hultgren because the latter’s investment firm sold risky funds.

He would like his constituents to believe that Hultgren is responsible for this downturn and he can fix it. Fix it how? Putting aside the fact that Hultgren never sold those funds, and forgetting the inconvenient truth that risky funds didn’t cause this recession—government regulations did, what would Rep. Foster like to do even if his ads contained any truth? He would have the government step in even further and control more and more of our lives.

Pew Research tells us only 22 percent of the people trust the government to do the right thing all or most of the time.

Thomas Jefferson said, “I predict future happiness for Americans if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.” 78 percent of us understand that the government is already too intrusive, and further regulations do far more economic harm than good. We won’t get out of this slump with more government, and Randy Hultgren understands that government should, as Reagan said, “stand by our side, not ride on our back.”

That is how we achieve economic prosperity, and Bill Foster either doesn’t understand the job killing effects of burdensome regulations or he thinks his constituents don’t. Either way, he’s wrong.

Dr. Matthew Waln
St. Charles