WRONGI'm guessing you mean the return of a Republican President, because congress doesn't count when it comes to recessions. I know this because the Democrats took control of both houses in January 2007 and will retain them until January 2011, neatly encapsulating the entire recession, yet only Bush gets blamed for "causing" the downturn in the economy.
The one person that had no control on spending, got all the blame. After '06 the economy wasn't his idea anymore.
just to add something; Barney Frank should be jailed for treason. The very thing he said was fine was the very thing that crushed the economy.
That's horse hockey.
The president writes the budget..not congress.
the executive submits a budget TO congress
congress writes the final budget