Putting the Middle Class First

Minutes before President Clinton delivered his major economic address to Congress, the television camera panned to Hillary Rodham Clinton in the gallery. Flanking her were Alan Greenspan, chairman of the Federal Reserve, and John Sculley, CEO of Apple Computer. The political symbolism could not have been clearer.

Soon after making the speech, Clinton traveled to Hyde Park, New York, home of Franklin Roosevelt. In a private moment, he laid a single rose on the grave of the great Democra...