The Boston Globe

Politics

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Bill Clinton says economic recovery ahead of pace looking back up to 500 years in history

By Glen Johnson

 |  Globe Staff  

  April 30, 2012

Former President Bill Clinton defended President Obama and his handling of the nation’s economic recovery Sunday night by saying “we are beating the clock” in comparison to Japan and other economies that have been through similar tumult. “If you go back 500 years, whenever a country’s financial system collapses, it takes between five and 10 years to get back to full employment,” the former president said as he introduced the current one at a fund-raiser in suburban Washington.

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