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The first half of each phase, or Republic in the French manner, is a Hamiltonian nation-building period, which is then followed by a Jeffersonian limited-state backlash (note that Jefferson himself wasn't particularly Jeffersonian by this analysis!).
Each Republic is associated with a new period in technology, and they begin with a heroic President and end with a dire one. So...
First Republic: 1788 - 1860
First half: President: George Washington and the Federalist Party build a federal state.
Second half: Backlash led by Andrew Jackson, era ends with James Buchanan and America on the eve of the Civil War
Technology: Agrarianism
Second Republic: 1860 - 1932
First half: Abraham Lincoln reunites the country by force, the end of slavery and Reconstruction, builds railroads and other infrastructure.
Second half: Backlash led by populists, culminates in Hoover and the Wall St Crash
Technology: Coal, steam, and then Fordism.
Third Republic: 1932 - 2004
First half: Franklin D Roosevelt's New Deal, economic regulation, more infrastructure, end of segregation
Second half: From Nixon onwards, attempts to cut taxes and the size of government, culminating in second Bush presidency
Technology: electricity, internal combustion engine, new media
Fourth Republic: 2004 - 2076??
First half: Barack Obama..
And then the crystal ball is hazy, although it projects constructive expansion of government - healthcare, clean power? - led by Obama, with a backlash starting precisely in 2040. The clock's ticking.
In my optimistic moments I have said that if Obama lives up to his promise he could indeed be one of the four most important American Presidents to date: the three identified by Lind in this article were the other three I had in mind. Whatever their flaws, it's hard not to see the current United States as primarily shaped by those three, and however implausible the 72-year Republics sound, it's an interesting analysis.
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