***The housing and financial mess happened under Bush,***
Actually, if you go back to the last year of the Clinton presidency, you will see the stock market going up-up-up (due to the Reagan-Bush policies)! Then in March or April it stalled then went into free fall and Clinton did nothing to stop it.
On 9-11 the Twin Towers were destroyed and the stock market went into another rough ride. It has been up-down since.
The housing and financial mess started under CARTER the Incompetent with the Community Reinvestment Act. Let’s not forget the 21% interest rates, the foreclosures of homes and businesses, and the failure of banks and credit unions at that time.
I really wish the GOP would grow a ball and propose the repeal of the CRA. And when *they* inevitably brandish the "R" word in response, tell them to go f*** themselves: we're doing it anyway.
Yes, the Community Reinvestment Act was passed under Carter, but was ramped up under Clinton including getting his people placed in high positions at Fannie to continue after Bush was elected.