Our economic downturn started near the end of Bush's watch and has only gotten worse since the Democrats assumed power. With their tax-and-spend policies, things will undoubtedly get worse yet.
The seeds for this economic crash were planted during Clinton's term, when stringent oversight of certain lending practices, especially mortgage lending, was relaxed at the urging of various interests. In other words, a lot of people began buying houses and otherwise living way beyond their means.
Jim
As opposed to the republicans' "tax cut and spend" tactics, right?
Please.
It's a public relations coup that the republicans advertise themselves as the party for the common man, yet at every turn, without fail, they defend and prop up multinational corporations and stick it to the middle class. "Don't punish success!" the conservatives scream. Yet the only success they don't punish with their tax cuts is the top one percent of all Americans. The republicans have let the middle class dangle while their fatcat contributors prosper, though the banks still managed to collapse when left on their own. But God forbid should there be any regulation!
Also, isn't it ironic as Hell that those same capitalist corporations must depend on socialism in order to get out from under? And guess who ends up footing that bill?
You guessed it--the middle class! The politicians must serve their corporate masters or else the funding stops.
And for a group of people who wrap themselves in the flag and the Bible, conservatives certainly don't heed this Biblical passage:
"For it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God."
Luke 18:25
Of course, this country has always served Mammon over God despite its reputed religiosity.
It's sickening. But that's America, isn't it?
but you forgot to mention the shooting incident when Cheney shot Harry Whittington and didn't immediately inform the President of the United States! 
