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The Democratic-Republican Party was an American political party formed by Thomas Jefferson and James Madison in 1791â93 to oppose the centralizing policies of the new Federalist Party run by Alexander Hamilton, who was then Secretary of the Treasury and chief architect of George Washington's administration.
The party in power right now (2013) is the Democrats. Barack Obama is the leader of the Democrats. And as a result, the Republicans are the opposition partâ¦y. Conversely, in 2000, George W. Bush got elected president. He was a Republican and thus, the leader of the Republican party. Because a Republican was president, it was now the Democrats who were the opposition party. So, the leader of the opposition is the man or woman who is considered to be in charge of the political party that is NOT in power.