One sentence says it all.

This is from Rolling Stone's article "The Worst President in History", but this sentenced came up on google 530 times.

"According to the Treasury Department, the forty-two presidents who held office between 1789 and 2000 borrowed a combined total of $1.01 trillion from foreign governments and financial institutions. But between 2001 and 2005 alone, the Bush White House borrowed $1.05 trillion, more than all of the previous presidencies combined."

You can find the rest of the article at:
http://www.rollingstone.com/news/profile/story/9961300/the_worst_president_in_history

[thanks brother]