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Biden on Track for Recession-Free First Term
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- Tiny Tech News
President Biden is likely to finish his first term without a recession, a feat not accomplished by a first-term president since Bill Clinton. While recessions can hurt a president`s chances of reelection, timing is crucial. The article cites examples of presidents who experienced recessions during their terms, some of which impacted their reelection bids while others had minimal impact. The author concludes by stating that presidents receive undue credit and blame for the economy, as their control over it is limited.
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