Back in December 2000, if you had asked the then dark-haired President-elect to assess his predecessors, George W. Bush might have ranked Bill Clinton down around, oh, say, 42 out of 42. The President's friends say he has a lot more respect for Clinton now having seen what the ups and downs of the office are like. And this White House can only envy the final trajectory of Clinton's presidency--in a trough with two years to go and then celebrated as he ran up surpluses and pulled all-nighters negotiating Middle East peace. President Ronald Reagan, stung by the Iran-contra scandal, plunged in...
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