Without rights-violating statist policies, a government-created Great Recession cannot happen, as the triggering bubbles would never build up in the first place. Under capitalism, the infrequent recessions are almost always limited to certain areas of the economy, subject to temporary bubbles because investors, speculators, or other market participants misjudge a new technology or product. Such bubbles may create ripples in other areas of society, but, absent welfare statist, rights-violating regulations, market participants are free to take quick corrective action limiting the damage or in some cases even profiting by helping others mitigate the effects.
Think Right or Wrong, Not Left or Right 