It's been a tough decade for the political left. Eight years ago a Time magazine cover portrayed Barack Obama as Franklin Roosevelt, complete with cigarette and holder and a cover line proclaiming "The New New Deal." A Newsweek cover announced "We Are All Socialists Now."
Now the cover story is different. Time has just announced, inevitably though a bit begrudgingly, that its Person of the Year for 2016 is Donald Trump. No mention of New Deals or socialism.
It's not surprising that newsmagazine editors expected a move to the left. The history they'd been taught by New Deal admirers, influenced by the doctrines of Karl Marx, was that economic distress moves voters to demand a larger and more active government.
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