U.S. Congressional District 2 Michigan -- Open Forum

Economy

From: Bruce Eckert
Date: 23 Sep 2004
Time: 20:10:25 -0400
Remote Name: 69.208.70.245
 

Comments

This is from an interview with Pete Hoekstra in 1998 with the Traverse City Record-Eagle:

Like many lawmakers on the campaign trail, he's also wary of the gloomy economic picture in the Far East and much of Europe. "I think it's a big concern," Hoekstra said. "If they bleed over into here and if it affects us, it will affect some of the emerging areas of the economy, rather than the more-established areas."

"But I'd be a whole lot more nervous if we were still looking at $300 billion in deficits," he continued. "We have more economic flexibility to respond now than five years ago."

I wonder what he thinks now that we have $500 billion deficits????