Well, Bush “was” the President in 07 and 08. He had to go.
And, by the way - and unnoticed in most of this analysis - Pelosi took charge in the ‘06 election, so she (her staff) “ran policy” and pushed energy prices UP to “fight global warming”. It was the rising power prices, gas prices, and oil prices in 07 that hurt the whole economy i 07.
THAT turned off the tap of money that had been propping up the previously rising house market which tripped the
Bush stood by and did nothing in 06, 07, and most of 08.
Why is the Gop not Running on Stopping Nancy Pelosi
from destroying the economy again like she did in 2008 ?
That a Great 2018 midterm AD .
Gop are you listening here ?
True, but the housing market was ridiculously overextended. Energy prices may have tipped it, but it was the mortgage lending that was the biggest problem.