Why was Barack Obama attractive to people in 2008? If you think about Barack Obama, there's all this anxiety about society, just kind of wracked by centripetal forces - the idea that the center's not holding, no one can talk to each other, the idea of a political system that's broken.
From Rick Perlstein
The reason inflation was brought down to manageable levels, by the time of Ronald Reagan's re-election, was directly attributable to Jimmy Carter's very courageous act, hiring a Federal Reserve chair, with the charge to induce a recession. That recession was probably the reason he didn't win a second term.
From Rick Perlstein
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