I wonder what economic conditions we would have now, if Bush and Congress not blown $3 trillion in money we did not have over the past seven years? We should have been forced to actually pay for the Iraq War, which has been my position from the first ridiculous Bush deficit budget. Those times in these pages that I mentioned we either had to reduce spending or increase taxes to pay for the Iraq War, my position was derided. Even a cursory reading of US contemporary economic history reveals that our worst post WW2 economic slump was caused by Johnson's and Nixon's failure to pay for the Viet Nam War, combined with an oil price shock (exactly the conditions that pertain now). Instead the Viet Nam War was billed to my generation and the result was "stagflation" at first, and then raging inflation under Carter, which obviously was not his fault even though he took the rap (Carter was an amazingly bad President, and he could have tried spending cuts to curb inflation, but the principle cause of his Presidential term's near 20 percent inflation came from Johnson and Nixon). Not only do we forget history, we cannot even remember just a few years ago.