Via QandO, comes this devastating deconstruction at The American Thinker of the oft-repeated meme that the Iraq War was responsible for the ballooning deficits under which our economy now labors. The general idea has been that Teh Eeevil Booosh had squandered our Nation's wealth on his Massive Boondoggle (for the enrichment of the Oil Companies, the Military-Industrial Complex, or any other of a host of popular bogeymen). And so, the 'reasoning' goes, it is hypocritical in the extreme for Conservatives to now decry the deficits which we now endure under our Democratic Administration and (for now!) Congress.
Bunk. Pure, unadulterated bunk. Have a peek at the chart, below.
Notice anything about the years? Specifically, recall which party was in charge of Congress from 2003 through 2007. Notice anything about the deficit trend lines during those years? How about right after?
The less I say here, the higher the probability that you will read the whole thing. And you should read the whole thing. The author cites the Government's own numbers (i.e., this isn't something cooked up at the Heritage Foundation or somesuch). It is a bit of much-needed perspective, particularly as we approach the time when we get to decide who writes the next set of budgets.