Whose fault is the recession?

I myself, prefer not to blame anyone. I think that every few years, sometimes a decade or two a part, the economy just has to hit a decline.

I do however, believe that the people could help to turn it around a lot quicker. That is the public and the media included. We need to go out and start spending. That is how we got out of The Great Depression, and that is the only way out of this one. If people who actually have the same jobs, who are making the same amount of money as always, continue to be afraid to go out and spend like they were before, the economy is going to take way too long to turn itself around.

My reasoning, there has to be money out there flowing. People making purchases, so that we can have jobs for people to replenish these goods. Also, if people are willing to stick their money into banks at a low percentage rate, then why should the banks start paying higher interest.

We need to spend!

WE are in this recession because, people buying things, that they really could not afford, like the big expensive houses, and the bank leaning out all of this money, and business getting greedy, sticking their hand in the pot, and taking money that don't belong to them, tha's what got us in the mess we are in.

I believe that it is due to the greedy business man.
I don't know what will they do with this much money.
They still have enormous amount of money still they cheat us and want to earn more and more

recession is the consequence of forcing the opening of various companies using loan and then malfunctioning in the return of loan and bankruptcy