system
Given the following post, respond as if you're commenting on Reddit:
human
How responsible was George Bush for the Great Recession?

Often times we hear how Bush’s ineptitude was at least partially responsible for it. How true is this?
gpt
The Great Recession can't really be primarily pinned on any one individual. There were so many different yet similar factors that went into it. Poor regulation of lending by the Federal Reserve and policy makers who didn't understand the effects and factors that went into the system they were responsible for (Bush probably fits in here, along with Fannie & Freddie Mac). As well as financial institutions who undertook very risky lending practices on the basis that the American mortgage was the most stable/guaranteed commodity in the world. As well as the general population of home buyers who took risky loans they couldn't afford under the guise that the housing market wouldn't give way and could only go up. 

A lot of times references to the Great Recession refer to the bursting of the "Housing Market Bubble" without explaining the economic factors that go into creating a bubble and it's eventual collapse. Bubbles occur when the price of an asset (Houses, Tech Company Stocks, Tulip Bulbs) increases at a dramatic rate not fundamentally rooted in the assets actual/real value. Because bubbles are tough to spot until it's too late it's hard to nail down exactly what caused them, but typically it's the result of over spending under the belief that an assests value will continue rise.