Does Type 2 diabetes mean you have high or low blood sugar?

Im a nursing student and im sort of confused. My teacher gave us a paper titled "HYPOglycemic drugs Indicated for Type 2 diabetes"

One of the drugs listed is Glucophage.

For glucophage it says it decrease glucose production in the liver, but wouldn't you want that if you were a HYPERglycemic and not Hypoglycemic?