Inherited = Caused?

It's possible that I have a different understanding of the meaning of the word "inherited" than Fox News. As in, Fox News reporter Wendell Goler doesn't seem to know what the word means.

From Think Progress:

Today, President Bush left for Camp David for what is expected to be his last departure from the White House via Marine One. During Fox News’s coverage of the event, hosts Martha MacCallum and Wendell Goler tried to rewrite history for Bush:

GOLER: This president inherited a budget surplus, but he also inherited what he called “the trifecta of bad times.” There’s the president headed out to Marine One right now. […] He inherited the 9/11 attacks. He inherited the recession and he inherited some tough times on Wall Street.

It would have been nice if Bush had also inherited wisdom or intelligence or humility.