What branch of government is responsible for the economy crash?

Answer 1

congress is primarily responsible for the economic collapse of the economy in 2008. president obama placed the blame squarely on president George W. Bush when he stated that, as he walked into the oval office of the White House, '...wrapped in a nice bow was a $1.3 trillion deficit sitting right there on my doorstep." however, obama raised it over $200 billion in 2009.

congress is in control of government revenue under its constitutional responsibilities. house speaker nancy pelosi and majority senate leader harry reid "inherited" a $160 billion deficit in january 2007, then quickly added $1.2 trillion to the deficit three years later. unfortunately, president bush signed these increases into law which were passed by the democratic congress. it is ironic that speaker pelosi stated that "Our new America will provide unlimited opportnity for future generations, not burden them with mountains of debt."

the 9/11 attacks on the united states weakened the economy and the actions of the democratic congress made matters so much worse. the pelosi/reid economic plan completely eliminated the CBO (congressional budget office) projections of a $370 billion surplus null and void. now the projected deficit for the period 2007-2016 is $7.1trillion.

what kind of track record is that for our "future generations" mrs. pelosi?