Yes, it was liberal, do-goodism policies that crashed the economy in Bush’s eighth year in office, but you can’t let him off the hook after almost eight years as president! Yeah, he weakly, in his first term, made some comment about the quality of mortgages being guaranteed. But he also trumpeted, pushed and furthered the executive policies pressing the industry to lower loan standards, diversify recipients, and boost beyond reason the percentage of home-owning homes in the country. He also went for the big bailouts and all of the chicken-little panic that ushered Obama into victory that fall.
Bush was a big-government spender and ultimately worse on the economy than Bill Clinton.
Please watch the video posted at #28. The Dem/Clinton policies forcing banks to make horrible housing loans is what created the bubble that finally burst. Bush tried to reform this in 2004 and was rebuffed by Barney Frank.
Certainly, Bush has his faults, but this is not one of them. Trump should know this.