Here’s my advice for President Barack Obama as he embarks on his second term: Follow the example of one of your heroes, Franklin Delano Roosevelt. Not the Roosevelt of the first two terms but the Roosevelt of the next two. The Roosevelt who won the war.
U.S. equity markets will open today after the longest weather-related shutdown in more than a century, resuming after the New York Stock Exchange was spared by Hurricane Sandy as it swept through New York Oct. 29.
President Barack Obama may signal in his State of the Union address tonight that he’s ready for compromises on Social Security -- a political flash point for every president since Franklin Delano Roosevelt created the federal retirement program in 1935 . He just won’t say it.
In 2006 and 2008, voters inflicted on Republicans the worst back-to-back electoral drubbing any party has received since the Great Depression, when Franklin Delano Roosevelt all but destroyed the Party of Hoover. Republicans quickly reached a consensus about why they lost so badly: They had failed to be sufficiently Republican.
American history is full of fractious political battles similar to those of the past decade. At the heart of most usually lies an organized special-interest group opposed to the White House and its policies.