You bet this is Ws fault. Just like it was Hoover in 29. "W"(DICK cheaney) de-balled every regulatory body we had.(naked shorting, Berney Madoff, Stanford, Enron, World Con, allowing banks to borrow 40 to 1, a war we did not need, $4 gas, No-Doc mortgages, plastic in dog food, e coli in our food, on and on). What ever big Business wants, screw the average guy.
If the current administration thinks this is a Bush problem, we're headed deeper into the abyss. This problem started decades ago and spans both parties. Unless all involved take some responsibility, we are, and will continue to be, in deep doo doo.