AWMac, I don't know where you get your information but it's just plain wrong. Odds are, you were better off economically under Clinton than you have been under President Bush. (Unless of course, you are a millionaire - if that's the case please accept my apologies and congratulations).
Look at the chart of National Debt vs GDP posted in another thread and you'll see the people who think there is a free ride.
If you really want to face an ugly fact, realize that Republicans are NOT fiscally conservative (to my embarrassment and anguish I might add). I'm not sure why, but it seems like the people smearing the "tax and spend!" liberals are really "cut taxes and spend! conservatives. The only theory I can come up with is that the conservatives in power are already so wealthy, it won't matter a whit to them if the country is bankrupted.