Actually, one can argue that for us, at least, it's been better than it should've been, and we're gonna pay a price for it.
One of the ways the Bush administration has kept us from grumbling too loudly about the Iraq war is isolating the general public from its effects. What I mean is that our two wars have cost us upwards of $2.4 trillion, according to the GOA. That's *trillion*.
Normally - as in the past - when you're fighting a war you cut back spending and increase taxes to pay for it. Our government did neither. So where did all that money come from to pay for it?
Bush took out a federal-sized credit card and said "Charge it." That's literally what he did. So us spoiled Americans don't suffer too much like others in the world. War becomes an abstract thing. Meanwhile, debts are piling up and our currency is a sinking ship with new holes popping all the time.
If you've been paying attention, you don't have to be a prophet to see where this is all heading. At some point the bill is gonna come due and when it does, our country will be in a world of hurt. I hope you're prepared.