Biden Poised to Be First Term President to Avoid Recession Since Clinton

President Biden is likely to finish his term without a recession, a feat not achieved by a first-term president since Bill Clinton. While recessions can hurt presidents politically, timing is crucial. Trump`s recession, though ending before the 2020 election, likely contributed to his loss. Past presidents have faced recessions at various points in their terms, with varying political consequences. Reagan`s early recession was followed by a strong recovery, while the recession under George H.W. Bush likely aided Clinton`s victory. The author emphasizes that presidents have limited control over the economy despite often receiving credit or blame for its performance.