Obama Is a Loser Who Wins, Like FDR in 1936
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March 29 (Bloomberg) -- The loser wins. That’s the way itcan go in presidential elections. Especially when the ballotinvolves a likable incumbent who happens to be failing when itcomes to his task of helping the U.S. economy.
In the case of President Barack Obama’s campaign for re-election, the loser the president most resembles is the one heevokes with his radio addresses: the great radio president,Franklin Delano Roosevelt. Roosevelt came into office in 1933 ona ticket of recovery. Neither employment nor the stock marketreturned to pre-crash levels by 1936. Yet Roosevelt won thatyear, taking all but two of 48 states.