Obama won on the economic side because neither of them know crap about economics, and in such instances the round goes to the guy who thinks he knows more.
How can anyone seriously think “deregulation” made lending go wild? This crisis is a monetary phenomenon, and monetary phenomena are firmly in the clenches of the federal government.
Firmly in the clutches of a government that told them to they had to give money to people who couldn't pay it back but not to worry about it. Uncle Sugar would would take care of it.