Republicans will take over control of the Government at a time when U.S. business is at its alltime peak. Before the election, some glib economists had predicted a recession by the end of next year; many businessmen, conceding that 1953's first three quarters should be fine, openly worry about the fourth quarter—and after. Some Republicans are disturbed because they feel that business has nowhere to go but down, and that an easing in the supercharged rate of business may well be ahead. But the current facts of U.S. economic life hardly indicate any sharp decline...
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