Adams asked Northey about the pending farm bill and the ability of the USDA to function following anticipated budget cuts. Northey says the agency will need to set priorities, as the administration will need to cut spending. Romney, he says, has talked about budget more than the Democrats. He wants to balance the budget and needs to find expenses to cut. Agriculture will be part of that effort and will take some painful cuts, but we can’t go on with trillion dollar deficits and their impact on the overall economy, he says.
The current administration, he says, has claimed credit for larger agricultural exports and growth in the agricultural economy, but does not take credit for bad overall economy. They also are not claiming credit for future problems if we don’t address deficit problems, which could include higher interest rates and weakening of the U.S. dollar. Currently, he says, the United States deficit level is only protected because we aren’t as bad as some other places, such as parts of Europe. If we put these problems in a different time frame, more would see them as something that needs to be addressed, he says. The current administration has not addressed them and won’t in a new term, according to Northey.
Adams asked Northey if he would consider an appointment to Secretary of Agriculture in a Romney Administration. Northey believes a lot of people would be ahead of him on the list, but says he would be proud to serve in Romney administration.
Wrapping up, he says we currently are dealing with an activist government that believes it owns our businesses, has a right to our estates and that lost revenue is tax money that people are not spending, as if it’s the government’s already. A Romney Administration, he says, would be about empowering opportunity for people, creating the structures that are necessary and encouraging trade, rather than creating uncertainty and fear. “I have a great deal of confidence that Gov Romney is the right person at the right time and the contrast could not be greater,” he says.