Tuesday, October 16, 2007

Myth: Republicans are good for business.

Business abandons GOP for Democrats

By: Jeanne Cummings | Politico



Lag, lag, lag. That’s all you hear these days regarding Republican fund raising compared with the Democrats’.

Now we can add a new word: abandoned.

The business community that celebrated the Republican takeover of Congress in 1994 by spending millions to prop it up for more than a decade is in full retreat.

All 10 of the top-giving industries tracked by the Center for Responsive Politics, a nonpartisan money and politics watchdog group, are now donating more cash to Democrats than Republicans. A year ago, Republicans had the edge in six of the 10 sectors.

More after the click.

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