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It was not Clinton who balanced the budget. It was the republican run congress that blocked most of the things he wanted passed. A good example of this was his government run health-care plan that would have made the budget skyrocket. There was a political stalemate between Clinton and congress and your tax dollars were not spent. This combined with the booming economy at the time and you get a balanced budget.

Clinton is also commonly given credit for the thriving economy during his presidency. The good economy was do to the internet boom that Clinton had nothing to do with. Regan cut taxes for business willing to invest in research and development and this planted the seed for most of the technology we enjoy today such as the Internet. Technology from research and development doesn't happen over night, it takes years and even decades.

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