Here's what was wrong with Bush from the beginning

He said it himself:

I earned capital in the campaign, political capital, and now I intend to spend it. It is my style.

For those who don't understand capitalism, a group which unfortunately includes the president, you don't spend capital. You invest it. That's what makes it capital, not money. You spend money, or you save it and it becomes capital. You invest capital. That's why savings = investment (S=I) in economics.

But this president doesn't understand economics, capitalism or capital, so he squandered all the political capital he got from 9/11 and his re-election, and now he is bankrupt. And the way he is running the United States, the country will be too, very soon.