Republican freshman Fifth District Congressman Mick Mulvaney says he is concerned about the overall economic health of the U.S. as the country tries to climb out of its latest recession while facing a $14.13 trillion dollar deficit. Mulvaney’s district covers all or portions of 14 counties, including rapidly growing York County. In a recent interview on Columbia affiliate WVOC, Mulvaney says he has some positive signs of life in the area he represents.
We were back in the district a week ago and I had a chance to tour a number of manufacturing facilities and talk to employers, and believe it or not, manufacturing is showing a little life. A lot of people work in manufacturing in South Carolina, and especially in my district, than i think a lot of people realize. I was talking to folks who make parts for the automotive industry and they said 2010 was the best single year in the history of their company. They’re hiring people; they’re having difficulty hiring people because they’re finding it hard to find people with the skill set they require. But the demand for jobs is there, so I’m seeing signs of life.
Mulvaney says he is concerned that the longterm forecast for the economy and the nation’s security is bleak if a sizable dent is not made in the deficit. As his fellow Republicans and Democrats continue their jousting match over the budget, Mulvaney offered these sobering thoughts for his fellow lawmakers in Congress.
Sooner or later we will have fiscal restraint. It will be fiscal restraint we bring upon ourselves through spending discipline, or fiscal restraint forced upon us by our creditors. Let’s face it; you can’t borrow $1.5 trillion, like we’re going to do this year, if no one wants to lend it to us. Unless we start showing people we have some fiscal discipline, and have the ability to balance our budget in the near to long term, who’s going to lend us money?