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Incompetency crushes America

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By Arthur J. Heyderman, Bettendorf | Wednesday, July 2, 2008 12:12 AM CDT | () comments

When former President Bill Clinton took office the Dow Jones was at 3,300 and NASDAQ was at 700. He left office with the Dow at 10,800 and the NASDAQ at 2,800.

Clinton also left a balanced budget with a surplus of $455 billion. The national debt was on the decline at $5.2 trillion. America was viewed as a good partner both diplomatically and for trade. We were at peace.

Then came George. Under President Bush the surplus disappeared, and deficits mushroomed from a borrow-and-spend Bush administration and a rubber-stamp Republican Congress. Bush borrowed trillions of dollars and gave it away or wasted it.

The national debt has grown to $9.4 trillion. The stock market is in the toilet having dropped roughly 20 percent since Bush took office. The dollar has dropped against major foreign currencies while the price of oil has skyrocketed over 700 percent.

Frankly, if an affair with an intern is the price I have to pay for competent government, I’m willing to go there. Arrogant and stupid is just no way to run a country.

John McCain is following in Bush’s footsteps, and offers to continue Bush’s policies. I just can’t afford another four years of Bush-world.