Rep. Mark Kirk

U.S. voters, angry at a stubbornly high unemployment rate and motivated by a notion that government bailouts have helped those who needed it least, are expected to turn against incumbent Democrats in droves in Tuesday’s highly anticipated midterm elections.If the elections live up to the predictions, the Republicans will take control of the House of Representatives and possibly even the Senate, leaving President Barack Obama , a Democrat, at the helm of a divided government.While no one believes a Republican-controlled Congress can miraculously cut the unemployment rate in half and offer an immediate jolt to the slumbering U.S. economy, analysts expect a marked shift in fiscal policy, away from deficit spending and toward budget cutting and deficit slashing.Jay Ritter, a finance professor at the University of Florida, sees a Republican-controlled House of Representatives focusing quickly on the country’s $1.3 trillion deficit for the fiscal year that ended September 30.Ritter recalled ...

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