No, the surplus Clinton is given credit for was due to the tech bubble. People were day trading stocks like crack and it generated HUGE tax$$$. When it all burst in 2000, it didnt show up till 2001 when we had a new prez. He then latched onto 9/11 as a chance to make a name for himself and get reelected/keep repub’s in power. Fiscal disaplin in the repub’s broke down then in a rush to get reelected and we ended up roughly doubling our national debt. The housing bubble was used/created to limit the pain of the 1990’s stock bubble.
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I agree about the tech bubble, in the 90’s that was the time when the internet and computers became a commonplace feature in the household because technology made it affordable at that time. I don’t really see the government having to do much with that.
