It is a very simple question
we blame W on everything
yet we were doing fine in 2007 with the last GOP budget
5 years later we have shut down tours to the white-house
why?
Read a book, man.
The cascading failure of the big banks is well documented both by leaning right AND leaning left economists.
Both essentially agree that the dramatic increases in debt laden money attatched to sub prime mortgages were the root cause of the economic meltdown.