“The politics is wrong on the Republican side, the economics are crazy,” Clinton said at a fundraiser at the Upper East Side home of billionaire hedge fund manager Marc Lasry.

Just one week after praising Mitt Romney’s “sterling business career,” Clinton argued that Republicans’ “economics are wrong-headed and their politics are worse.”

“The Republican Congress and their nominee for President, Governor Romney, have adopted Europe’s economic policies,” Clinton said. “Their economic policy is austerity and unemployment now, and then a long term budget that would explode the debt when the economy recovers so the interest rates would be so high nobody would be able to do anything.”