Quote from piezoe:
In this case, however, the President is directly responsible for the mess we are in. He with a little help from his VP started a senseless war that will cost a minimum of three trillion dollars, and he appointed Cox as SEC chairman, And supported policies that resulted in the USA doubling its total debt. To put this in perspective, the additional debt of the GW Bush years is greater than all the debt acquired in the preceding 200 years. Had bush not done this, the cost of the present financial crisis would have been far easier to absorb. It can even be questioned whether there would have been a crisis had the SEC been under better leadership, and had Greenspan not taken the discount rate to 0.87% in November of 2003 with the intention of goosing the economy to help an unpopular GW Bush narrowly defeat Kerry in the 2004 election.