- Mar 9, 2011
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- 83,487
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Bill Clinton only achieved some measure of economic success because the GOP took control of the House and Senate. If you look at the data from his presidency, the median family income rose sharply in 1996, when the GOP took control:The same reason as Clinton had such economic success---pure coincidence of having the job at the right time.
Same thing with debt as a percentage of the GDP:
Same with the stock market:
GDP growth compared to other NATO countries:
Economic Record: President Clinton
Congress was in the hands of the Democrats up until 1995. Once the GOP took control and elected Newt Gingrich as the Speaker, Clinton was forced to work with them. And that is what accounts for Clinton's economic growth. I'm surprised that most people don't get that, and they still give that bumbling idiot Clinton all the credit.