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The reality is that the Democrats realized that they had a narrow window of time in which to pass the social legislation they wanted and made a decision to ignore the fact that the US was in the midst of an economic recession and passed them anyway. It was a timing issue. They knew there would be negative economic effects arising from those social agenda items. If the economy had been in good shape at the time, perhaps they could have managed these things without creating the disaster we're in right now. But it wasn't in good shape.
So what are you trying to say? Bush an Co. ****** up the country then gave the keys to a black man? Sounds about par for the 400 year old course.