What was lil Bush thinking?

"Government does not create wealth. The major role for the government is to create an environment where people take risks to expand the job rate in the United States, he said to huge cheers."

According to Hauser's Law, government creates 19.5% of the wealth over its cycle. Bush may be confused since had had government consuming 23% of the economy at his peak ruling years. Yes, Bush is correct about his own administration. When he had government so far off equilibrium, government was actually destroying wealth with volatility.