Here's the monthly Dow Jones closing averages during the Bill Clinton Presidency:
http://finance.yahoo.com/q/hp?s=%5EDJI&a=0... Note that the DJIA rose steadily during the Clinton Presidency from 3300 in Jan 1993, to 11,500 by December 1999, before settling back at 10,600 by the time Bill Clinton left office.
Now, here are the monthly Dow Jones closing averages since George W. Bush has been President.
http://finance.yahoo.com/q/hp?s=%5EDJI&a=0... The average was about 10,500 when he took office, and today it's about 10,500. It hasn't gone up a nickel in 5 years...

defying a decades long trend of upward growth.

The average dips around September/October 2001, due no doubt to the terrorist attack, but the average had rebounded by February 2002, when it went into a tailspin caused by all the corporate scandals by a business community run amok with no oversight from the "hands off" federal government.