The economy was fine in '07.
It went to shit after the Dems took control of Congress pledging fiscal discipline and an end to earmarks.
Bush was complicit with the Democrats in imposing higher taxes. Congress approved Bernanke's appointment as Fed Chair, keeping rates too low for too long.
Barney Frank refused any new regulation for Fannie/Freddie, instead wanting to roll the dice on them.
You can spin it any way you want but the truth is not your friend here.
The econony was NOT fine in 2007.
You are merely a blind partisan who rewrites history to believe in stupidity.
Dow Jones 31 Dec 2007: 13,264.82, 30% higher than today
Unemployment:4.6%, less than half of today's rate
GDP in 2007 was higher than it is today.
Tell me which part of the ecoomy was NOT fine again? The U.S. has been losing factory jobs for decades. That is a reflection of incresaed efficiencies more than anything else.
You can spin, but you cant hide.