What are two of the major economic problems that hit the country during President Bush's second term in office?

The Presidency of George W. Bush (2000-2008) was dominated by foreign policy questions such as Afghanistan and Iraq in the wake of the September 11th of 2001 attacks. Domestic policies were accordingly back seated to these concerns. Major social issues that did define the Bush presidency were educational reforms through the controversial "No Child Left Behind" policies. Reforms of Medicare under the Medicare Prescription Drug, Improvement, and Modernization Act, specifically its Part D provisions, were not other public policy issue signed into law by the administration.