here is why you have been mislead.

Bill Clinton was lucky because the deregulation frameworks set by Regan and victor in Gulf War by Bush senior.

The first thing Clinton did was to reduce the budge on national defense, he closed down so many militay bases and for a while the federal government stopped working.

But is he responsible for the economic growth? absolutely not. The capitalism and market economy was on the rebounce when he took over the office, the .com business was hot and made so many people rich.

But when Bush jr took office, he has to refill the big hole on national defensem then there was 9-11.

Bush jr. was not a great president on many accounts, but the boom of housing market made a lof of people rich just like .com business.

Everything has ups and downs, now is down time. Since I run my own business, I know that the economy will be back, because I had great past 8 years and still going strong.