The deficit in 2005-06 was 574 billion. The highest in history.
Bush and Rove also kept the housing bubble growing, with their plan for “Increasing Minority Homeownership” by promoting no-do-payment loans.
In his speech at the White House Conference on Increasing Minority Homeownership, Bush said:
“The goal is, everybody who wants to own a home has got a shot at doing so. The problem is we have what we call a homeownership gap in America. ...
“And so what are the barriers that we can deal with here in Washington?”
“Well, probably the single barrier to first-time homeownership is high down payments. “
But not as a percentage of GDP. Interesting how you don't address that crucial point.
And, as I said, you also conveniently don't address the many attempts Bush made at reforming things when a bubble was becoming apparent.
Your evasions are the typical ones often used. They're not based on the facts.