Clinton's economic record is sooooooooo overrated. He's becoming more overrated than JFK IMO. He basically inherited the post-Cold War peace economy where the United States was the unchallenged hegemonic economic power in the world. Think of it like the United States in the late-1940's/1950's where our economy reigned supreme thanks to how we had no genuine competition due to Europe and Asias' destruction.
While growing, China was not the economic superpower that it is today during the Clinton Administration. Japan, our economic rival of the 1980's, was (and still is today) stagnant. The Soviet Union had collapsed and Russia was rebuilding from its ashes. And Europe was developing the economic superbloc that is the EU. But that isn't our world anymore. The unipolar world that Clinton got to enjoy changed into a multipolar world where the balance of economic power is more equally distributed as opposed to being tipped in the favor of unchallenged American economic supremacy. The China of the 2000's has been flexing its economic muscles, not only as a manufacturing/trade power, but also as a consumer superpower for goods and resources. Europe has fully transformed itself into a single market to have a stronger footing on the global market. We are seeing the rise of Brazil, India, Russia, Israel, and South Africa as major players in the global market.
And let's not forget that the banking reforms of the Clinton Administration and the 1990's GOP Congress along with the housing policies of the Clinton Administration basically led us to the financial collapse of 2008 that ground the global economy to a halt and forced the Federal government to bailout multiple companies of multiple industries to the tune of trillions of dollars.
