Bush squandered our $230 billion surplus on Iraq war

Aug 21 2013 - 5:59pm


The Aug. 18 letter to the editor, "Has Obama earned his keep?" deserves an answer. 

The Standard-Examiner reported on Jan. 4, 2009, that President George W. Bush squandered his inherited $230-billion surplus on the invasion, occupation and destruction of Iraq, which was no threat to our country. That war cast 4,209 American lives. President Obama is bringing our military home.

As was reported in the Standard-Examiner on Aug. 17, 2013, "The congressional Budget Office (which is non-partisan) estimates the country will end the current fiscal year with a deficit of $670 billion, down from the $1.09 trillion last year (Another view: Deficit drops").  As the Associated Press notes, it would mark the first time since 2008 that the gap between income and expenditures narrowed to less than $1 trillion."

The mortgage crises exceeding $1 trillion, inherited from George W. Bush, needed to be addressed. The housing industry is now coming back strong because of President Obama's leadership.

Mitt Romney is not the only one who could turn the economy around.

In June of 2013, a Pew Research Center poll indicated that 56 percent of the American people approve of the powers granted by the U.S. Patriot Act and of President Obama's handling of the situation so that they are adequately protected.

According to the Standard-Examiner on Jan. 17, 2013, the number of Americans seeing Obama as a "strong leader" was sharply higher, and a clear majority again saw him as empathetic with the problems they face.

Yes, President Obama is earning his keep!

Dennis D. Wakefield

South Ogden  

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