First, don't blame the actions of the previous president on the total ****-up we're left dealing with now under the CURRENT one. If we do that, then let's blame George Sr. for not ousting Saddam during Gulf War 1.0 when we arguably had greater justification than anything Dubya could come up with in Round Two.
Or hell, let's blame Reagan because Iran-Contra went a LONG way towards building on the anger and hatred of the Middle-East region for the United States.
What about Carter? HE was the guy in charge during the beginning of the 1979 Revolution in Iran which LED to Iran-Contra.
Then there's Harry Truman, who backed the creation of Israel in the aftermath of WWII.
But why stop there? How about 200-odd years of British colonialism? Oh! Oh! It's the CRUSADERS' fault! YEAH! If it wasn't for those superstitious zealots having to go and "liberate" the Holy Land we probably wouldn't even be in the mess in the FIRST place.
We can, and HAVE, gone around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and around and playing this same damn blame game over who payed for what and when.
At the time (1994) decreasing the defense budget MADE SENSE. With the collapse of the Soviet Union and the effective end of the THEN ONLY COMPETING SUPERPOWER to the United States there WAS no need for runaway military spending. The end of the Cold War meant what appeared to be the end of the likelihood of a major military confrontation on the scale of the First and Second World Wars.
What's happening now is NOT the same type of war. Even at its reduced size, US and Coalition forces outright overwhelmed the regular Iraqi army in BARELY over a month (March 20 - May 1). The failure afterwards has NOT been a matter of funding as some people are trying to suggest (even after the cuts in the late-90s, the United States STILL has one of the best-funded and equipped armed forces in the world, which is PRECISELY what allows them to function effectively in decreased numbers). It's been pure command bungling by THIS administration.
The US had generally unanimous support for the invasion of Afghanistan after 9/11. This was NOT the case in Iraq, where the US acted largely unilaterally during the initial invasion, with the strongest pledge of assistance coming from the British. France, Germany and Russia (all with trade ties to Iraq) refused assistance.
The Bush administration OUTRIGHT FAILED to provide sufficiently irrefutable evidence to support his position. It wasn't like the Cuban Missile Crisis where there was clear and undeniable photographic evidence of missiles, launch equipment, fuel storage, warheads and a Soviet military presence. All we had was Saddam's stalling tactics, a few MAYBE hints (which IIRC DID NOT HOLD UP TO SCRUTINY) and Dubya's set intent. Evidence was stretched and skewed and dissenting intelligence summarily dismissed.
Bush was warned BEFORE HAND the scale of the insurgency they would face after the completion of the conventional ground war (which DID come to pass). He was told what would be needed to combat, if not prevent, such a situation, and he DISREGARDED IT. It's not a matter of the US military lacking the funding, equipment or personnel to do it--we HAD it--but that they ignored what the experts told them NEEDED to be done to prevent it from so rapidly escalating out of control. It's NOT that the US military DOESN'T have the blast-resistant armor, or the armored fighting vehicles, or personal body armor to do the job in its inventory, it's that the administration COMPLETELY disregarded that threat, and now it's all stacked up in warehouses while American men and women in the combat zone are having to fight their OWN bureaucracy at home to get the equipment over there (should I also mention that some of this equipment is substandard AND PROVIDED BY CONTRACTORS WITH DIRECT BUSINESS TIES TO MEMBERS OF BUSH'S ADMINISTRATION).
In the early phases of the insurgency Bush relied on glorified Rent-a-Cops provided by contractors who ALSO had direct business connections with members of the administration. The same is the case with the construction contractors involved in rebuilding Iraq's infrastructure. Rather than turn things over to organizations who are properly equipped to handle these sorts of projects, Bush instead decides to reward the friends of his friends.
And sadly, it's NOT solely the fault of the Conservatives, but the sickly Democratic Party who for the last 8-odd years has been an ineffectual shadow of what it used to be, caving in on issues. Of course, it doesn't help that the Conservatives ALSO are too busy bending over so Dubya can jam the Party Line up their asses.