In Britain, a Cautionary Tale for U.S. Parties By Michael Barone
LONDON -- We Americans may have declared our independence from Britain in 1776, but there are still similar rhythms in British and American politics. Margaret Thatcher and Ronald Reagan both came to power amid the ruins of the 1970s and restored their nations' economies and spirits in the 1980s. Bill Clinton and Tony Blair both developed "third-way" politics that transformed unelectable left parties into center-left political colossuses in the 1990s.