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President Bush is taking the long view.  He has been reading biographies of George Washington. He recently bemoaned "short-term historians." He keeps mentioning Harry Truman, a President reviled when he left office but rescued by posterity. Bush says he doesn't think about his legacy, but more and more, it's what he seems to think about most...

Author: /time Magazine | Title: Cut Your Losses, Save Your Legacy | 2/1/2007 | See Source »

Bush seems to think that historians smile upon Presidents who never give up, even when the going gets tough. But that's not quite right. Take Bush's hero, Truman, who regularly ranks among the top 10 Presidents of all time. One of the things historians admire about him is his willingness to acknowledge when victory was beyond reach. It started with China. In 1949, America's man in Beijing, Chiang Kai-shek, was steadily losing ground to communist rebels. Hawkish politicians and pundits demanded that Truman intervene, and when he didn't and China fell to Mao Zedong, they...

Author: /time Magazine | Title: Cut Your Losses, Save Your Legacy | 2/1/2007 | See Source »

...Korea, Truman also refused to go all out for victory. In June 1950, communist North Korea invaded the capitalist South. With Seoul unable to hold off the assault, Truman sent in U.S. troops, which quickly turned the tide. Giddy with success, he announced that the U.S. would not simply push the communists back to the border; it would liberate the North as well. That seemed like a good idea until China, terrified by the prospect of American soldiers on its border, joined the war, forcing the U.S. into a headlong retreat...

Author: /time Magazine | Title: Cut Your Losses, Save Your Legacy | 2/1/2007 | See Source »

...that point, Truman faced a choice. His commander on the ground, General Douglas MacArthur, demanded victory, which meant full-scale war with Beijing. Dropping 30 to 50 atom bombs on Manchuria, he suggested, would do the trick. But Truman refused. He fired MacArthur, refused to bomb China and, in a humiliating reversal, abandoned the dream of a liberated Korea. Instead, the U.S. fought to an unsatisfying draw, with an eventual cease-fire reaffirming the border between North and South. MacArthur denounced the new strategy, and Truman's approval ratings--already damaged by the loss of China--sank below 30%, where...

Author: /time Magazine | Title: Cut Your Losses, Save Your Legacy | 2/1/2007 | See Source »

...While their elders are known for their controlled performances, younger Brits are more raw and unrefined. And that's thanks to Hollywood. "Actors of my generation all look to Americans as the inventors of modern cinema acting technique," says Toby Jones, a British actor who plays American literary icon Truman Capote in Infamous - a role that both Sean Penn and Johnny Depp read for. "It's more naturalistic. We've always looked to Americans as the people who've minted that style...

Author: /time Magazine | Title: One for the Little Guy | 1/31/2007 | See Source »

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