Sept. 6 (Bloomberg) -- President Barack Obama has never
looked more vulnerable. His poll numbers keep dropping. The
economic news is still grim. And his team’s political sense
often seems to be missing.
Take the recent report that White House senior staff were
heartened by hearing historian Michael Beschloss tell them that
Franklin D. Roosevelt and Ronald Reagan had each won re-election
even though unemployment was high. If Obama’s aides really
believe these precedents are auspicious, they are kidding
themselves: Both the 1936 and 1984 elections followed very
strong economic growth.
