Uh, no. The Democrat philosophy is to get as many people on government assistance as possible, then when an elections rolls around, the Democrats can claim that the Republicans will take away your assistance if you vote for them. I seem to remember that from 2001 to 2006, the economy was very good. But in 2006, the Democrats took control of Congress. In mid 2007, it all went downhill. But Democrats skate on any blame. The housing crises you can lay squarely at the feet of the Democrats. From the Community Reinvestment Act from Jimmy Carter to the double down effect of Bill Clinton. GWB tried to rein in Freddie and Fannie, but was shot down by Barney Frank and his committee. And Wall Street has never "written their own rules".