Of course not.
Nobody believes that it does.
Not Kenneth Starr, not Henry Hyde. That has never been the issue, regardless of how many times the issue has been misstated this way by those who realize that the only way to defend Bill Clinton is to confuse the issue. The event that set off a chain of actions is not a measure of how important those actions are for now or how large the stakes are for the future. The reason the Supreme Court took the case was a principle that applied far beyond the individuals involved. The issue was the role of racial segregation in light of the Constitution's mandate of equal treatment for all.