The President only effects the economy with certain actions.. Tax cuts help the economy mildly, tax hikes the opposite.. The main sculpting of the economy comes from the Fed.. Clinton couldn't have caused the entire economic expansion, just because "he had a surpulus." His tax hikes would've actually provided the opposite.. He just happened to be in the right place, at the right time.. The tech boom was THE cause of the rapid expansion.. I'd also take a stab and say the Bush Sr., and even Reagan legacy carried a bit over into Clinton..
Bush inherited the recession that Clinton created, and September 11, Iraq war, and oil prices haven't helped things.. Despite this, the market is down 1-2% on the year and has room for a very optimistic growth.. I'd like to see this happen with Kerry in office..
Doubtful with his free healthcare for all mentality..
"You and I have the courage to say to our enemies there is a price we will not pay, there is a point beyond they must not advance.. You and I have a rendezvous with destiny, we'll preserve for our children, this the last best hope of man on earth or we'll sentence them to take the last step into a thousand years of darkness."
- Ronald Reagan