Obama’s critics have selective memory

Diane Shaul, Henderson

Monday, Aug. 17, 2009 | 2:02 a.m.

Many people are upset with President Barack Obama over the current economic conditions. Wow, what short memories!

Where was the anger in 2002 when the previous administration took a trillion-dollar surplus and began squandering it on tax breaks for big oil companies posting unprecedented profits, then started a war that was supposed to be paid for with Iraqi oil revenue?

The result of these actions was the precipitous rise in the price of oil (almost 400 percent) while the U.S. Treasury was drained of its surplus and plunged into debt by the cost of this unjustified war. The war cost is ongoing and the total treasure expended in lives is, as the commercials say, “priceless.”

Now the anger and the blame for the busted economy and tanked real estate get heaped on the current administration while it tries to right the ages-old wrong of poor, costly and unfair health care in this country. For many of us, this anger is eight years too late.