Why not? It's their fault.
"Spending" isn't bad. "Deficit" spending, "trickle down economics"
are bad.
It was the Bush gang that decided that it was "bad" to run a surplus
for a while, "bad" to save for a "rainy day". It was the Bush gang
that cut taxes when the enonomy was already going strong (just as
counter-productive as tax increases when the economy needs
stimulation), thus over-heating the economy and leading to the
inevitable hard fall.
This is Macro Economics 101. They blew it.
