Re: Notice for the POTUS, Northern Virginia Daily, July 23, 2012:
Leroy Donald is right, it is the economy and we are not stupid unless we forget how we got in to this mess.
Your readers may remember (although Mr. Donald chooses to forget) that it was the policies of George Bush which caused the great recession.
The crash of 2008 (remember that?) was caused by an inadequate regulatory environment which encouraged and allowed the big banks with help from the ratings agencies to take huge risks with mortgage-backed securities. And if we don't think that this is related to the huge drop in home ownership cited by Mr. Donald, then maybe we are stupid.
President Bush also got us into two wars which cost lots of money not to mention the lives of many men and women. More importantly, from the perspective of the economy, this put us into debt big time. Now we have a debt crisis caused not by Obama, but by the huge debt we (individually and collectively) incurred during the Bush years. Yes, Obama has added to the national debt, but what do you expect when so many people are unemployed? These people are a drag on the economy since we have to pay them unemployment benefits plus they don't pay income taxes because they have no income.
Bush also cut and cut and then cut taxes again in the misguided hope that this would create jobs. Cutting taxes does not create jobs! It didn't then and it won't now. The only thing that creates jobs is demand.
President Clinton left the economy in great shape for George Bush. George Bush left Barrack Obama with an absolutely disastrous economy. Yes, it is the economy, but don't blame it on Obama. In the last four months of the Bush presidency and the first four months of the Obama presidency 4.1 million jobs were lost. Yes, the job losses in 2009 after President Obama's inauguration did occur on his watch, but surely your readers will understand that the negative momentum of the economy at the end of the Bush presidency was something that no president could turn around immediately.
Finally, I would like to point out that the policies that Mitt Romney proposes are the same as those of the man who put us in this mess, George Bush -- reduced taxes, less regulation and a belligerent foreign policy. Vote for Mitt Romney at your own risk.
Waller H. Wilson, Front Royal