Apparently, Clinton gets too much credit for good economy of 1990s

[Spider Jerusalem]

6. Clinton does get too much credit

he got lucky; that economic expansion would have happened no matter who was in office. Clinton's presidency coincided with the expansion of new industry with the arrival of the internet and computers going from toys to mass consumer appliance...which led to an economic bubble of overinvestment in the tech sector and hundreds or thousands of new ventures, most of which collapsed (which is the same pattern followed by the last great technological expansion in the 1920's). And in the meantime thanks to NAFTA and most favoured trading status for China American industry was progressively hollowed out and millions of jobs in manufacturing were lost to be replaced with service industry work if they were replaced at all--I happen to remember seeing quite a few textile plants boarded up as the owners shipped the jobs off to China in the midst of this this supposedly "good economy"; there were seven hundred thousand jobs lost in the textile industry between 1994 and 2002, by the way. (That's now over a million.) Sorry, but as far as that "great economy" goes? Clinton is the Calvin Coolidge of the 1990's.