Enough with the Lincoln analogies; Reagan is the president that Barack Obama is most closely modeling himself after. Ronald Reagan inherited stagflation, a defeat abroad and a nation at its nadir in morale. Through the sheer force of his personality as much as his policies, four years later, it was "Morning in America," the theme of his 1984 re-election campaign when he won 49 states. Obama isn't president yet, but his determined calm and orderly transition pace appear to be soothing the financial markets, producing the first sustained gain in stocks since the mid-September meltdown. On Jan. 20, Obama will...