Let me first say I don’t enjoy defending Bush. But it’s important that people understand where problems begin. Plenty of problems have been caused by this administration and I believe most of them can be categorized under an umbrella of hubris and all its fruits, including the loss of hegemony . But to say that the economy is the result of Republican leadership is frustrating. I’ve always understood that it takes time to see the effects of legislation that influences the economy. I came across this insightful article on how Clinton pushed for mortgages to be made available to people with poor credit. There are so many elements to the credit crisis I don’t think any educated person would dare place blame on any one person or factor.