I know the GOP will be with us for a long time but they seem to be sinking hard and fast. One of their major spokesmen has rightfully been criticized for smearing soldiers, a crucial part of their base is thinking of going 3rd-party and Americans seem to prefer Democrats over the GOP on just about any issue you can imagine.
Now I learn that Business is also getting fed up with the GOP and that comes from a solid newspaper, the WSJ.
GOP Is Losing GripOn Core Business Vote
Deficit Hawks Defect As Social Issues Prevail;
'The Party Left Me'
By JACKIE CALMES
October 2, 2007; Page A1
Wall Street Journal
Some business leaders are drifting away from the party because of the war in Iraq, the growing federal debt and a conservative social agenda they don't share. In manufacturing sectors such as the auto industry, some Republicans want direct government help with soaring health-care costs, which Republicans in Washington have been reluctant to provide. And some business people want more government action on global warming, arguing that a bolder plan is not only inevitable, but could spur new industries.
In the Wall Street Journal/NBC News poll in September, 37% of professionals and managers identify themselves as Republican or leaning Republican, down from 44% three years ago.
Hedge funds last year gave 77% of their contributions in congressional races to Democrats, up from 71% during the 2004 election, according to the Center for Responsive Politics, a nonpartisan analyst of campaign finances. Last year the securities industry gave 45% of its money to Republicans, down from 58% in 1996, the center said.
Overall, Democratic presidential candidates have raised more than $200 million this year, about 70% more than their Republican rivals.
Here are some interesting graphs from the WSJ article:
Tuesday, October 02, 2007
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