Source: American Prospect
April 15, 2007
Three times in my political adulthood, we have seen the exhaustion of
a conservative ideology and presidency. Under Presidents Nixon and
Bush II, the ingredients were corruption, corporate excess, and
overreach of presidential power. During the 12 years of Reagan and
Bush I, the hallmark was the failure of conservative economics.
And twice, the electorate ousted Republicans only to get centrist
Democrats, who ran more competent administrations but did little to
redress the structure