STATE OF BUSINESS: Will They Take It Away?

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...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!