So far so good.  

We Avoided Second Great Depression, However... (Kathy)

Dean Baker makes a good point.

This crash was 100 percent preventable to anyone watching the economy and capable of doing 3rd grade arithmetic. The housing bubble was easy to see and it should have been obvious that its collapse would devastate the economy.
...we will have tens of millions of people unemployed or underemployed for years because of this gang's incompetence. Millions of people will lose their homes. The country will needlessly lose more than $6 trillion ($40,000 per family) of output.

Heckuva job, Bush and friends.  

Posted at Mon Aug 10, 2009 at 13:25:00 PM EDT

Only a liberal could cite a report covering the Clinton years and use that to blast President Bush.

Maybe she meant President Bush should have done something to deflate the bubble or just prevent it from growing.  You know, like regulatory reform of Freddie and Fannie that was blocked by Democrat Barnie Frank.  Oh wait, that puts the blame back where it belongs, on a liberal Democrat.