Bush certainly is responsible for the financial collapse and the bailout.
How many spending bills did Bush Veto? Why did he allow the government to guarantee and push bad loans? He could of cleaned it up if he had wanted to, but it would have slowed the economy.
He wanted the economy and the war to prosper, so he gave out money like it was going out of style. The deficit doubled under Bushes Administration. Compassionate Conservatism was nothing more than liberalism in disguise.
Until the Republicans own up to their failure they are no better than the Dems. The voters at least were smart enough to throw the Pubs out. The only problem is that the Voters weren’t smart enough to replace the Pubs with anything better.
No. And with nothing more than your opinion on your side, the comment is barely worth a response.
Bailout Politics, Dr. Thomas Sowell
The White House Warned Congress About Fannie Mae & Freddie Mac 17 Times In 2008, Alone
The rescue plan passed with such large margins that a veto would have done nothing, and besides, Bush's own advisors were all strongly in favor of the bailout.
At the worst, Bush can share some of the blame that falls heavily on Congress. But that's a far cry from "It's Bush's fault."
In our form of government, power is shared. When power is shared, blame must be shared. When one branch tried to warn the other, repeatedly, and the other branch ignored and overpowered the first, it should be pretty clear where most, if not all, of the blame lies.