The Big Lie
continually repeated by the Repubs, is that the Dems overspent with housing bills. Wrong. Housing is one of, if not THE best way, to build a healthy economy, with all the spin-off jobs created. The problem comes when unregulated bankers, in concert with a corrupt administration, drop requirements for a home loan to ZERO down, with 'liar loans', so they can package more loans, criminally rated as A1, by corrupt rating agencies, 'regulated' by Chris Cox, a Bush appointee. It's not the housing push that killed us, it's the crooks at the top during the Bush administration who corrupted the system for their profit, and killed the golden egg laying goose. It's not a Dem who had to write over $800 billion in checks, to keep the country from imploding, after 8 years on the job, and left the worst economy since the Great Depression. No, that was GWBush. AND, the Repubs had a stranglehold on both houses of Congress from 2000 (except the House, 2000-2002) until 2007, when it was too late to avoid their economic disaster. The Repubs only developed fiscal responsibility as Obama tried to fix their mess, which was WAY too late.
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