Here is a poll question for you leftists:
Is Barack Obama responsible for ANYTHING "bad" that has happened since he took office in January of 2009? Or is everything still Bush's fault?
What so few of you get is that the reason we are in this recession is due to multiple causes. Bush alone was not at fault, just as Obama is not at fault for not fixing the economy. One person alone can't fix shit. Even with cooperation between the parties, there just is no quick fix. We have some serious issues that need to be addressed.
While we can blame Bush for pushing for tax cuts that led us to a big increase in the deficit, the housing bubble was not Bush's fault. That being said, his push for extra tax cuts did lead many people to dump their money into real estate which helped to create the bubble. Without the housing market bubble, we would have been in recession following 9/11, and it would have been extensive as it is now. The housing bubble just delayed what was to come.