OK... just to keep everyone honest... you have to think global... cause since the cold war has ended, that's how economics has been... global... There are a number of reasons the economy was good in the US during the late '90's...

of them had to do with the crash in Indo-China and Russia (yes, that actually boosted the American economy, and I'll explain how if someone wants explanation). Some of them had to do with the Telecom boom and a new industry growing to proportions larger then it could sustain. And NONE (well maybe one or two) of them had to do with the policies of the President at the time. Numbers were hidden, spending increased... But as it went, there was a Democratic President with a Republican Congress, and here in the United States of America, that means it's hard to pass anything that isn't widely supported. Meaning

of Presidential "policy" required Republican approval to go thorugh... Anyhow the problem we have now, is that the Republicans pretty much rule capitol hill... and so some wackjob extreme stuff gets through... only to be knocked down by supreme courts. It's not that the Republicans are wackjobs, both parties have wackjobs... It's just when both houses and the Presidency are controlled by the same party, then it's easier for that party's wackjobs to get their bills passed... Unless there's fillabuster...

But don't fall into the stupid fallacy that every brain dead TV zombie seems to believe: The President does not single-handedly influence and control to US economy by himself... You can make an argument that Congress can... but even then it's tough...