It is time again to dispel myths about the economy. The following post is verifiable with government statistics, NBER, and other economic sources.
The 1990's expansion was not caused by Bill Clinton. It began when Bush 41 was president. The 1993 tax increase did not stimulate the economy. The 1997 Republican economic legislation extended the 1990's expansion. Monetary policies of the Federal Reserve Board were more favorable during Clinton's 8 years than in the prior 8 years. Interest rates averaged about 2 points lower for Clinton's 8 years than in prior 8 years, and that helped grow the economy. .... The Dot Com bubble burst in 2000, and it set the stage for the 2001 Recession.