A couple of things happened. One, the Supreme Court handed the 2000 presidential election to George W. Bush, and not Al Gore.
Bush did not continue the policies of Clinton. He cut taxes, which increased the deficit, which made interest rates rise, which made the subprime market collapse, which resulted in the worst recession since the great depression.
What gave him political cover to do this was 9/11. He took the opportunity to spend Trillions on oil wars, which we fought for the next 20 years, and which accomplished absolutely nothing.
The result was that for the first time in American history, the next generation had it worse than the previous generation. When I graduated from college, my biggest problem was choosing which stock option package to accept. When my son graduated from college, his biggest problem was deciding which meals to skip to afford his insulin.
Thank goodness Obamacare fixed my son's insulin problem. And Obama wasn't able to get rid of the deficit, but he at least put it on a path where it was shrinking relative to the size of the economy.
I can't bear to rehearse what the Trump administration has done. Absolutely incalculable damage to the budget, the deficit, civil discourse, our international goodwill, and to the rule of law.
It's hard to even convince people how bad it is, because nobody under the age 40 even really understands what a functional government and economy looks like.