"that the idea that enough time has passed that we can’t blame Bush is especially wrong-headed given the nature of our problems. We’re in the aftermath of a financial crisis — and there’s overwhelming evidence that recovery from financial crises is almost always protracted and difficult. There’s no way one should have expected everything to be fine until the Lehman failure lies years in the past. In fact, the return of job growth we’ve already seen is ahead of schedule compared with the historical average.
And one thing is clear: the financial crisis occurred on Bush’s watch. To demand that everyone let Bush off the hook for where we are now because 16 months have passed under his successor is to defy the overwhelming evidence of history."
It is vitally important that we not let Bush off the hook for this disaster. This is not for political reasons, but until it is made clear that it is not just Bush, but the eternal Republican economic program which he implemented that caused not just this latest economic collapse, but the Great Depression too.
Otherwise, the Republicans may very well succeed in stampeding the American people into taking power away from the current incumbents and returning it to themselves, so they can continue their nearly-completed job of wrecking us all.
It is not political pettiness that places the responsibility for the economic collapse on the Bush administration- it is the simple truth.