Abstract

Big Business Deserts the Democrats

Ferguson, Thomas | July 5, 1986 issue

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The article presents information about effects of economic ups and downs on the political and social environment of the United States. Deteriorating U.S. economic performance in an increasingly competitive and integrated world economy is the analytic key to Democrats' decline and Republicans' corresponding rise. Many factors as growth and profit at home and increased competition in the international market, made the business community more cost sensitive. Pressures on the social side of the budget intensified as growing U.S. involvement in the international economy and particularly in the Third World, increased demands within the business community for greater military spending.

See Also:

BIG business; ECONOMIC impact; POLITICAL parties; POLITICS, Practical; INTERNATIONAL trade; UNITED States
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