Las Vegas Sun

June 4, 2012

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LETTER TO THE EDITOR:

Iraq has been biggest drain on our economy

Saturday, Oct. 11, 2008 | 2:05 a.m.

The truth of why the U.S. economy has tanked:

• Is it because of the housing crisis?

• Is it because of greed on Wall Street and certain individuals?

• Is it our foolish borrowing on credit cards?

All of these occurrences play a part in this disaster, but the true cause is the war in Iraq.

If the government would have kept our national debt at a manageable level, as when President Clinton left office, catastrophes such as Katrina could have received the proper financial assistance and the screw-up would have been averted.

The astronomical war cost to date and $10 billion a month with no end in sight is wherein the problem lies.

As far as the housing crisis, the American dream is to own your own home. The mortgage companies may have gotten a little greedier than normal but let’s face it, so have most of us.

Our government, in its stupidity, invaded a country that was no threat to the United States. It has actually helped Osama bin Laden and his thugs fulfill their dreams.

We must stop throwing what’s left of our good money away. We must suck it up and strategically set a new course of action to save our economy.

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