Y2K had a lot to do with it. Billions of dollars were spent updating systems that had been chugging along since the 70's. Money was tossed at programmers worldwide, dot com companies were getting money tossed at them left and right and so on.
If Clinton had been president in 2001-2008, we would have had an economy like what we have now... which is pretty much no economy. If 9-11 had not happened, the libs in the MSM bashing Bush, the fed raising rates to cool down the economy, the housing BS, there would be no obumbles admin. Fact. Suck on it dummies. You dumbasses can toss stats around until you are blue in the face. Fact is, the MSM and the fed caused the recession. I refuse to call it the great recession because the one in early 80's was worse. Reagan got us out of that with no fed QE. Fact.