Actually you used it correctly. The slowdown to 8086 speeds was applied when the button was unpressed.
When the button was pressed the CPU operated at its normal speed.
On some computers it was possible to wire the button to act in reverse (many people did not like having the button be “on” all the time, as they did not use any 8086 apps), but that was unusual. I believe that’s was the case with OPs computer.
Amazing. As if these communities are made with thousands of people having different opinions.
And here’s mine: since Google used their position to essentially destroy any competition in this area, why should be my duty to protect their revenue? Even if I can afford to pay their services, I won’t and will actively discourage anyone else from doing so, by installing uBlock, ReVanced, NewPipe, SmartTube, GrayJay etc.