ADVERTISEMENT

ADVERTISEMENT

Walaker appears on show to tout Fargo's business climate, economy

Fargo's part-time mayor enjoyed midday star treatment today as part of a Fox News' business segment called Mayor Monday. Anchors David Asman and Liz Claman quizzed Mayor Dennis Walaker about why Fargo enjoys an unemployment rate of 3.4 percent, c...

Fargo's part-time mayor enjoyed midday star treatment today as part of a Fox News' business segment called Mayor Monday.

Anchors David Asman and Liz Claman quizzed Mayor Dennis Walaker about why Fargo enjoys an unemployment rate of 3.4 percent, compared with a national average topping 10 percent.

"When I look at Fargo, we don't seem to reach the highs and lows of the national economy," Walaker said, adding that economic diversity in the energy sector, and the region's conservative fiscal attitudes, help.

"We did not caught up in the sub-prime mortgages because we're very conserve to say the least," Walaker said.

The mayor also bragged up property tax reductions that are coming, thanks to the Legislature's decisions this spring on how to spend the state's budget surplus.

ADVERTISEMENT

"As we look forward, we're just waiting for the rest of the U.S. to show up," Walaker quipped.

"Imagine that, the rest of the U.S. has to catch up to Fargo, North Dakota. I love it!" Claman said.

She then prompted Walaker to talk about software giant Microsoft's growth in the area, including a major addition to the campus in south Fargo.

"I think you should go to Washington, D.C., and explain to them how to do a balanced budget there," Claman said, closing out the interview.

Watch the latest business video at FOXBusiness.com

Helmut Schmidt is a reporter for The Forum of Fargo-Moorhead's business news team. Readers can reach him by email at hschmidt@forumcomm.com, or by calling (701) 241-5583.
What To Read Next
Brewery founded by Wahpeton native and UND grad, Mark Stutrud.
Correspondent Keith Morrison will report on "Who Killed Mindy Morgenstern?"
Josh Duhamel and Jennifer Lopez shine individually but misfire as a couple in 'Shotgun Wedding,' InForum reporters John Lamb and Tammy Swift write.
The trio of Joshua Zeis, Jay Ray and Mike Nelson took home first place for "The Nemean Lion" at the competition in Lake Geneva, Wisconsin.