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Yes the war has something to do with that, but it is money well spent. If we don't have a country then I guess we don't have to worry about an economy. Every day Al Qaeda was treating to kill us, and have been trying to blow up are building for years before 9/11.
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The Iraq war has increased Al Qaeda's influence in Iraq.
Before the war you had a secular dictatorship in Iraq which was opposed by Al Qaeda.
Speding a third of the money on altanative Energy to remove the dependy of the Oil of the region (and reduce it's geopolitical significance) and spending another third on political good will projects (free newspapers, anti Aids campains, Sport stadions etc) and the last third on CIA operations in the region would have giving far more bang for the bug giving the goals of the war.