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[Excerpt] The wild enthusiasm business gave Nixon's new economic policy stems not only from a longstanding business preference for Republicans but a short-run expectation of profit windfalls. In a moment of economic crisis the President turned to business to clear up America's problems. In fact, if the record of the last quarter-century is to be believed, not only will the nation's trouble remain unsolved but business will not get the anticipated bonanza either. The politics of business is clearly Republican, but it is not so clear that the Republican Party is good for business.


Suggested Citation
Corwin, R. D., & Gray, L. (1971). Of Republicans and recessions: Why does big business vote for them? [Electronic version]. Social Policy, 2(4), 41-43.

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Copyright by Social Policy. Published version posted with special permission of the copyright holder.