Lawrence Summers, a prominent US economist and Treasury Secretary under Clinton, said the stock market “performed better” during his administration. < / P > < p > “I sometimes have to warn against such excesses. But I can tell you that the data is very clear. On average, the stock market and corporate profits performed better during the administration than during the Republican administration. ” “It’s not just small businesses that are doing better, it’s actually capital and American companies that are doing better,” Summers said < / P > < p > summers explains that this is because “our economy is based on the middle class, and when your policies are based on supporting the middle class, it will ultimately benefit everyone.” < / P > < p > “I think he’s creating serious damage every day, whether it’s incompetence in dealing with the new epidemic, and it’s eroding American institutions and the rule of law and traditions that all Americans respect,” Summers said.