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

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 a president`s political standing, timing is crucial. Past presidents have faced recessions at different points in their terms, impacting their legacies and reelection bids. Although presidents often receive praise or blame for the economy, their actual control over it is limited.