When asked by Newsmax’s Chris Ruddy on Tuesday if Hillary might consider a presidential campaign in 2016, a smiling Clinton did not rule out the possibility.

“You’ll have to ask her,” Clinton said. “But when we were kids and I met her and we started our now 40-year-plus conversation — I met her 41 years ago this last spring — pretty quick I decided that she was the ablest person in my generation. And nothing has happened in those 41 years to change my opinion.”

He continued: “If she wants to come home, I’ll be happy. If she wants to serve, I’ll be happy. But she has to decide that. All I know is I’m glad that she’s serving now.”

Clinton also said he found Obama’s approach to the deficit “a little confusing.”

“I personally don’t believe we ought to be raising taxes or cutting spending until we get this economy off the ground,” said Clinton, a former Arkansas governor thought to hail from the moderate wing of the Democratic Party. “If we cut government spending, which I normally would be very inclined to do when the deficit’s this big, with interest rates already near zero you can’t get the benefits out of it.”