Thanks, Stuart, home for joining us this hour.

It is really good to have you here.

When we get a new president in this country,

or when we get a president reelected for a new term,

that president is inaugurated, he or maybe someday she

is sworn in to start a new presidential term in January,

right?

That's why it's always so cold.

January 20 is when the inauguration happens.

But that has only been true since the 1930s.

Up until the 1930s, presidents did not

get inaugurated in January.

They waited another two months.

They didn't get inaugurated until March.

The last time a president got inaugurated on the old date

in March, the final March inauguration was March 4, 1933.

That was when FDR, President Franklin Delano Roosevelt

got sworn in as president for the first time.

But that was also the last time we as a country would have

to wait that whole four month period after the election

before we let the new president take over.

After we had that first inauguration of FDR in March 1933,

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