Jan. 20 (Bloomberg) -- American democracy has always promoted a central conceit: Any child can grow up to be president.
For 220 years, the reality has been different, a line of 42 white men.
Today, that string will be broken by a most unlikely individual, a black man born of an African father, with a slight political resume who has described himself as a “skinny guy from the South Side of Chicago with a funny name.”
Barack Hussein Obama, 47, will place his left hand on the Bible of Abraham Lincoln to take the oath of office on the steps of the U.S. Capitol, which slaves helped build. The Lincoln Memorial will be within his gaze.
He will immediately inherit an economic mess so grave that it recalls the Great Depression, wars in Iraq and Afghanistan, and the burden of being first. Obama has signaled he will make audacious moves on all fronts.
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