Incoming Congressman Believes Economic Strength Will Continue
The stock market’s volatility and growing talk of recession won’t overcome the strength in the current economy. That’s the view of Northeast Ohio’s newest member of Congress—who is, among other things, hoping to be appointed to the House Financial Services Committee.
Political newcomer Anthony Gonzalez won the 16th District congressional seat vacated by Jim Renacci, who left to run for the Senate. Gonzalez is a Republican who campaigned partly on his background in business. He built and runs his own company and has an MBA from Stanford.
He says there are identifiable reasons for being positive about the economy. “I do believe the recession fears are probably overstated. All the data, really--when you look at the unemployment rate, when you look at wage growth--all the data still is pointing towards a very successful economy.”