"Those who forget history are doomed to repeat it."

There is a term, extractionist economy. It is the point at which an economy goes from a stable, productive and growing economy, to a stagnent and decaying economy.

It happens when a small number of people extract a disproportionate amount of wealth from an economy. If not reversed, the economy dies.

The United States is in the extractionist phase of a dying economy. I find it bewildering that even though we know what is happening, and it has happened throughout history many times before, we follow the same doomed course!

There is a reason I am especially negative about our prospects for turning this around. Mitt Romney is an extractionist. He wrote the book.

Joanne Griffin

Spring Grove