Its all (blank's) fault...

I blame all americans.... They voted for Obama for a 2nd term. You didnt learn from all the nothing he did in his first term? Just my opinion. oh by the way.... could be worse. mexico has a mob boss as president now for 6 years !!!!!!!!!!!1

I don't believe that such problems are the cause of one specific person or group alone, but something that had been building up for a while and many people had a hand in the start of it.

I blame the voters! All my life I have voted for fiscally conservative candidates and usually lost because more people voted for the ones who would "bring the bacon home". These people are so willfully ignorant that they refuse to realize that the government doesn't have an endless well of money--it ALL comes from them and other taxpayers!! The voters elect whoever will give them the most free stuff. They don't care about freedom, liberty, self reliance or any other trait and privilege that has kept this nation free for this long. So it will all come tumbling down soon and it's the fault of the people. People who helped remove our foundations' bricks one by one, gleefully, greedily, and not caring who it affected as long as they got all the free benefits that they wanted. They don't care about homeless veterans whose benefits are being slashed, either, as long as they get a break themselves. What detestable ingrates.

It is just about everyone's fault. This entire thing started with a Carter 1970s era law called the Community Reinvestment Act. In accordance with that act, Clinton in the late 90s, started pushing banks to make bad loans to borrowers who could not afford them, in order to 'help minority home ownership'. This was further exacerbated by HUD pushing Freddie Mac to actually insure those exact bad loans. The between the Federal Reserve forcing down interest rates, combined with the Federal Government directly suing banks to make bad loans, and lastly with Freddie Mac directly insuring those very same loans, the sub-prime mortgage market exploded. Contrary to some Republican claims, Bush supported sub-prime loans as a way to increase home ownership, which was considered good. Bush, and the Republicans in congress, both pushed for more oversight on Fannie Mae and Freddie Mac, which was opposed by the Democrats, who gained millions in campaign donations from the two companies. However, Bush was not against the sub-prime mortgages, which both Fannie and Freddie were engaged in. That said, by the time Bush was in office, there is not one thing Bush could have done to stop it. This led to the crash of 2008. Ultimately though, the public supported everything government was doing. So the public too, is to blame for the crash. As for where we are now, that blame belongs to Obama. If he had not screwed with the economy since the crash, we would be in recovery by now, much like Iceland. Instead, he's dragged out the recession for years. So, the answer again is "everyone". Everyone is to blame for where we are.

Too blame it on someone right now would be like blaming the entire national debt on Obama. It might have increased massively during his presidency, but it's simply following the upward trend of the last many decades. Most of the major problems we face today have been in the making in the making for 20 or more years and we're starting to realize the effects of our social and economic policies.