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https://www.thebalance.com/republican-presidents-economic-impact-4129133

George W. Bush (2001-2009)
George W. Bush faced many challenges during his administration. He responded to the 2001 recession with the EGTRRA tax rebate. He enacted the JGTRRA business tax cuts to jump start hiring in 2004. The combined Bush tax cuts added $1.35 trillion over a 10-year period to the debt.

Bush responded to the al-Qaida attack on September 11, 2001 with the War on Terror. He started the War in Afghanistan to eliminate the threat from al-Qaida's leader, Osama bin Laden. He created the Homeland Security Act to coordinate terrorism intelligence in 2002. He then launched the Iraq War in 2003. In total, Bush spent $850 billion on the two wars, while expanding funds for the Department of Defense and Homeland Security which cost $807.5 billion. To pay for two wars, military spending rose to record levels of $600-$800 billion a year.

Bush went against Republican policy with health care spending. The Medicare Part D prescription drug program added $550 billion to the debt. He did not try to control higher mandatory spending for Social Security and Medicare.

In 2005, Hurricane Katrina hit New Orleans. It caused $200 billion in damage and slowed growth to 1.5 percent in the fourth quarter. Bush added $33 billion to the FY 2006 budget to help with clean up.

Bush deregulated with the 2005 Bankruptcy Prevention Act. It protected businesses by not making it harder for people to default. Instead, it forced homeowners to take equity out of their homes to pay off debts. That sent mortgage defaults up 14 percent. It forced 200,000 families out of their homes each year after the bill was passed. Most of the debt was incurred by the cost of healthcare, the No.1 cause of bankruptcy. That aggravated the subprime mortgage crisis. In 2008, Bush sent out tax rebate checks.

Bush's response to the 2008 global financial crisis was business-friendly, but not allied with Republican policies. The federal government took over mortgage agencies Fannie Mae and Freddie Mac. It brokered a deal to save Bear Sterns. It tried and failed to keep Lehman Brothers from collapse. Bush approved a $700 billion bailout package for banks to prevent the U.S. banking system from collapsing. The Republicans in Congress disagreed at first, but eventually went along with that massive government intervention.

Instead of reducing the debt, Bush more than doubled it. He added $5.849 trillion, the second-greatest amount of any president. That's more than the $5.8 trillion it was at the end of FY 2001, President Clinton's last budget.

All this, looks like you really hate women who speak up for themselves, are you one of those old dinos who still like women in the kitchen, no equal pay for women right? Burn their bras, good God man where have you been, Victoria's Secret is all the craze.

As far as destroying the economy, should we take a trip back in time to the fall of America with the decline from 2002-2008? Nothing more need be said.

Go back and reads Perm's link https://www.thebalance.com/republican-presidents-economic-impact-4129133

All this, looks like you really hate women who speak up for themselves, are you one of those old dinos who still like women in the kitchen, no equal pay for women right? Burn their bras, good God man where have you been, Victoria's Secret is all the craze.

As far as destroying the economy, should we take a trip back in time to the fall of America with the decline from 2002-2008? Nothing more need be said.

Go back and reads Perm's link https://www.thebalance.com/republican-presidents-economic-impact-4129133