Did you think that through before you wrote it? LBJ did not run for reelection because he could not successfully prosecute the Vietnam war. No comparison.
I think he was talking about the growth of the government.
In time of war, you have to decide on your priorities. Like Johnson, Bush is trying to fight a limited war, or a series of limited wars, and trying to have new entitlements and fully funded social programs, too. This is why spending is out of control.
I saw this happen back in the Sixties, and it appears that the Republicans are making the same mistakes the Democrats made 40 years ago.