Word: reaganization
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...Though he grew up in a family of Democrats, Steele turned to the Republican party during the Reagan administration. Steele also credits his mother's refusal to go on welfare as a reason why the Gipper's message of self-reliance appealed...
...vote). In a TIME interview during that period, Steele praised Obama's election as America's first black President. He made clear that as RNC chairman, he would move to temper the party's rigidity and truculence. In particular, one of the models he pointed to was Ronald Reagan, who, he said, "made it cool to be a conservative." He said he would make clear to local party leaders that "if you want to be chairman under my leadership, don't think this is a country-club atmosphere where we sit around drinking wine and eating cheese and talking amongst...
...Eight years later on the same day, Bush reinstates Reagan's order...
...economist, Summers has more credibility with Republicans than many other Obama officials do. He did an early stint in the economic back room of the Reagan White House and helped calm the markets during various mini-crises during the go-go 1990s. But Summers has long identified himself as a Democrat and has often leaned toward the left edge of the centrist economic consensus that has driven our recent financial history. "His solutions tend to be government-led, progressive structuring of the market for what he perceives as the greater social good," explains the new Treasury Secretary, Timothy Geithner...
...plan. But it will be his last for a while. By June, there will be grousing that Obama hasn't pulled us out of the recession yet. By December, there will be complaints that his diplomacy hasn't achieved breakthroughs. The President's best-case scenario is similar to Reagan's: that the bad news will begin to dissipate by the midterm elections of 2010, limiting the Democratic losses, and disappear entirely by 2012. Reagan was lucky in that way. Obama is facing more difficult problems and might not be so lucky. But at least, for the moment...