Throughout President Clinton's two terms the economy rebounded. A revolution in Information Technology was the reason for the rebound. During the 1990’s millions of new jobs were created. The country enjoyed slight inflation and low rates of unemployment. During this decade the prices of the stock triple. stocks for new technology companies were listed on the NASDAQ Stock Exchange. these stocks grew by almost 800%. Clinton receives some credit for this development. Many commentators said Clinton's administration's deficit reduction plan was the necessary groundwork for economic growth.and some believe a democratic President and a Republican controlled congress prevented both from putting new policies into place that could hinder the success
