50 Years Ago BUSINESS VIEWS ELECTIONS AS AID (November 01, 1988)

Discussing last week’s congressional election results, Business Week says: “The business outlook has been immensely strengthened by the election results. Businessmen are divided between the Democratic and Republican camps, but the great majority in both are anxious for a more conservative trend in public affairs. Sush a trend, already apparent when the “purge” of conservative Democrats failed at the primaries, has now been fully established by the heavy Republican gains at the elections. Whether in the House, the Senate, or the state capitals, these gains have equalled or exceeded the hopes of the Republican leaders.”