Word: mid-term
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...magnitude of the Democratic shift in the House was larger than originally expected by the Republicans, who in the first blush of Reagan's landslide 1980 victory had harbored hopes of capturing the chamber this year. Since World War II, the average loss in a mid-term election by a party that has just won the White House is twelve; the Democrats under Jimmy Carter lost eleven in 1978. In fact, not since 1922 has a party lost as many seats in its first mid-term election...
...intensity of the debate over national issues, as well as heated state contests and ballot referendums, contributed to a slightly higher voter turnout than in past mid-term elections. Curtis Gans, an analyst of voting trends, estimates that 41% of those eligible turned out at the polls Tuesday...
...financial markets hate surprises. For that reason Wall Street was even edgier than usual on the eve of a crucial mid-term election that might generate a sudden shake-up in national economic policy. But when the news came from the polls that the Republicans had kept control of the Senate and lost no more House seats than expected the New York Stock Exchange was overwhelmed by relief-and euphoria...
...script might have been called "Seven Anchormen in Search of an Author. " The network news veterans who conveyed the results of 494 mid-term races last week were sure that the nation had spoken in unison, sending a clear, concise message to the White House. But the newscasters clashed bafflingly all night about what the message was. From the three networks came an erratic and sometimes puzzling performance, more melodramatic than in past elections and less informative, though the networks now command much greater resources...
...While House party almost invariably loses seats in Congress in off-year elections. Since world War II, the average loss in the first mid-term balloting of a newly-elected president has been 19 House seats...