Clinton Versus Bush Economy

Both economies were very strong, and in many ways, the current economy is even better according to Brian Wesbury.

President Clinton took office in January 1993, almost two years after the 1990-91 recession had ended. On the other hand, President Bush took office just two months before the 2001 recession began.
As a result, any economic comparison that uses four-year presidential terms is highly misleading. The Clinton years will always look better than the Bush years with that approach. A better analysis which compares the two business cycles from their previous trough, shows the opposite. The Bush economy is equal to or better than the Clinton economy in almost every area.

A lot of it depends on tax policy:

During the high-tax, highly regulated years between 1969 and 1982, the economy was in recession 32% of the time. Since then, following Ronald Reagan's tax cuts, and deregulation, and Paul Volcker's victory over inflation, the U.S. economy has only been in recession 5% of the time.

All Americans benefit:

While some argue that the growth in profits is a sign that greedy rich people are benefiting at the expense of workers, this is not shown in the data. Civilian job growth in the past five years is not statistically different than it was in the early '90s, while wages, for every income level, have experienced better performance.

Read the whole article here.