PHOTO: Gov. John Hoeven (R-ND) is heading towards a landslide victory in his campaign for the U.S. Senate. The platform he advocates is the complete opposite of the incumbent Democrat.
In the contest to replace retiring liberal Sen. Byron Dorgan (D), the GOP has a tremendous lead, and this is now regarded as a safe Republican seat. In a poll out this morning, Gov. John Hoeven (R) is leading state Sen. Tracy Potter (D) by a staggering 73% to 23% margin.
Dorgan became the state’s only Congressman in 1980, and has been in the Senate since 1992 where he is Chairman of the Democratic Policy Committee. The retiring Senator is a strong opponent of multi-national corporations and free trade. He is author of the protectionist bible, Take This Job and Ship It: How Corporate Greed and Brain-Dead Politics Are Selling Out America, and was often a fixture on the former CNN program Lou Dobbs Tonight.
Senator Dorgan believes the answer to our economic problems can be found in tariffs and protectionist legislation. He led the fight against NAFTA, CAFTA and a wide range of other free trade agreements. Republicans responded by noting the Dorgan solution was tried many times in the past, but it did not work. What the Senator never says is that America gains more from the jobs which have been in-sourced than it has lost through out-sourcing low skill manufacturing work. Dorgan’s book uses the South as an example, but he never tells the other side of the story.
All BMW sports cars in the world are manufactured in South Carolina, all Mercedes Benz SUV’s are manufactured in Alabama, Nissan is in Tennessee, and over 5 million Toyota Camry’s were constructed in Georgetown, Kentucky. Mitsubishi has opened a $1.5 billion state of the art plant in the Mississippi delta where unemployment is very high. They hired over 11,000 people. These are good jobs at good wages.
Toyota has 386,000 U.S. employees, while the best selling Ford is made in Mexico. Buick sells four times as many cars in China as it does in the United States. It now refers to China as its home market. Two decades ago the most protectionist state in the nation was South Carolina. Today, in the Greenville-Spartanburg area there are over 150 international companies from more than 30 countries.
Another example is that American companies sell three times more IT services to the rest of the world (over $10 billion) than we buy. Despite the low wage competition from India and other nations, America continues to dominate IT. Outsourcing is just one element of our economy, and free trade has been a definite benefit to the U.S. It produces an overall net gain for the American economy.
Gov. Hoeven supports free trade and is the complete opposite of Byron Dorgan. He is America’s most successful Governor. His last budget allowed more money for direct tax relief than it spent to run the entire state bureaucracy.
Gov. Hoeven took office when the nation was in a recession and ordered across-the-board budget reductions. Today, after 10 years in office, North Dakota’s budget surplus and strong economy are the envy of the nation. The state has America’s lowest unemployment rate, and it is one of only two states with a budget surplus.
Other farm state economies such as Iowa and Minnesota have massive fiscal problems. The difference is that North Dakota is business friendly, and is now the most economically stable state in the nation. It has the lowest insurance rates and it leads America in increases in personal income.
Forbes magazine ranked the state’s three largest cities as among the best places to establish a business. During the decade of Hoeven’s leadership, average wages in the state have increased 42% and average income is up by 56%. That compares to a national average of 29% for wages and 33% for income.
State Rep. John Wall (R) says “Hoeven has long understood that government can’t directly create jobs or prosperity, but it can create an environment in which this can happen. His strategy is to become a partner to business, not an obstacle. To achieve this, Hoeven not only reduced arduous regulations and taxes, but he created programs to assist business owners.”