Imagine that it’s January 1941, and President Franklin D. Roosevelt is delivering his annual State of the Union address to a joint session of Congress. The planet is literally on fire from the Big One, World War II. Nazi Germany has overrun France and Adolf Hitler’s regime has been raining bombs on London for months. Japan has overrun much of Asia.But FDR begins his speech with a long riff on how great the American economy has done under his presidency — including some gratuitous swipes at his predecessor Herbert Hoover, even though it’s been eight years since Hoover left the Oval Office. Ther...
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