The United States has always prided itself on its independent nature. As a Senator from the state of Utah, I have a particularly strong sense of the rugged individualism that built America. This does not, however, blind me to the fact that the health and welfare of the U.S. is intrinsically bound to the viability of the global economy. Foreign factories supply critical parts to American auto-makers. During the winter months, our fresh produce is imported from Chile.
Ingredients used by pharmaceutical manufacturers originate from all around the world.
On the other end, a vast array of American-made products find their way into the most obscure locations across the globe. I am sure that some of you have had the experience of travelling abroad, and if so, ask yourself whether you ever had difficulty finding a Diet Coke, or 7-Up, or whatever your favorite beverage may be. The fact is, America s market place is filled with foreign products, and the market for American products is the world. If disruptions involve countries that either buy or sell U.S. goods, we will feel the impact. The Committee is holding this hearing today because I am concerned that some of our neighbors have not addressed their Y2K problems as aggressively as they should.