George W. Bush commemorated his last Veterans Day as US President on the former aircraft carrier USS Intrepid in New York City.
The vessel was launched in 1943 and served in the Second World War before being decommissioned and turned into a floating museum berthed in Manhattan.
Bush said he was also proud to have served as Commander-in-Chief of the Armed Forces.
“You know, often times they ask me: ‘what are you going to miss about the Presidency?’ And the first reaction is, I say: ‘no traffic jams in New York.’ The truth of the matter is, I will miss being the Commander-in-Chief of such a fabulous group of men and women,” he said.
Meanwhile, President-elect Barack Obama honoured fallen troops by placing a wreath at a memorial in Chicago.
The Illinois Senator was accompanied by Tammy Duckworth, an Iraq war veteran who lost both her legs in combat. She is rumoured to be a candidate to replace Obama in the US Senate after he becomes President.