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Snohomish County Exec backs Sohn for state treasurer

Post by Joe Turner on July 28, 2008 at 10:13 am with No Comments »
July 28, 2008 10:13 am

That would be Aaron Reardon, a former state representative and state senator.

ChangMook Sohn, longtime state economist, is running against state Rep. Jim McIntire, D-Seattle, in the primary election.


Snohomish County Executive Reardon endorses Sohn for State Treasurer

OLYMPIA, Wash. — Snohomish County Executive Aaron Reardon today announced his endorsement of Dr. ChangMook Sohn for State Treasurer. Reardon said Sohn’s 23 years as the state’s chief economist and his impartial and precise approach to fiscal matters make him the best choice for the office.

"No one knows Washington state’s economy better than ChangMook Sohn," said Reardon, who met Sohn when Reardon served as a state representative and then senator from the Everett area (the 38th legislative district). ""Dr. Sohn never changed the facts to satisfy politicians’ spending plans. He just told it like it was – and he was always right."

Sohn came to Washington in 1984 to lead the new Washington State Economic and Revenue Forecast Council. Prior to that time, state budgets were based on revenue forecasts produced in various legislative and policy offices. Those forecasts were not reliable and often were subject to political manipulation. The purpose of the new council was to provide accurate and impartial revenue forecasts upon which balanced state budgets could be built. The accuracy of Sohn’s forecasts and his financial savvy have helped keep the state on firm financial footing, and they earned him a reputation for being scrupulously fair and immune to political influence.

"I’m delighted and humbled to have Aaron’s support," said Sohn. "He’s an outstanding leader for the people of Snohomish County and I welcome his partnership on this campaign."

Reardon noted that Sohn, who co-founded Pacific International Bank, is uniquely prepared to be the state’s top fiscal officer. Sohn holds a doctoral degree in economics and has served as state economist in New York, Illinois, and Oregon, as well as the Director of Washington’s Economic & Revenue Forecast Council. He also has taught economics at St. Martin’s University and at The Evergreen State College.

"Our treasurer has to respect the people’s money and not bend to the whims of politicians," said Reardon. "ChangMook has more than just experience for the job; he’s got the character and the ethics that we need in someone who’s responsible for our tax dollars."

The State Treasurer also is the only elected official on the board that oversees the Guaranteed Education Tuition program, which allows people to pay future college tuition at today’s rates. Sohn was a member of the Higher Education Coordinating Board when the Legislature directed the board to launch the prepaid tuition program. Nearly 80,000 people in Washington have participated in the program over the last ten years.

Dr. Sohn is member of the Group Health Cooperative Board of Trustees and the KCTS Television Board of Directors. He is the recipient of the C. David Gordon Award, for outstanding achievement in public policy and the Governor’s Distinguished Management Leadership Award. His leadership also has been recognized with The China Post’s Asian-American of the Year Award and the Asian-American Pioneer Award. He was named one of "100 People of Influence" in Washington by The Seattle Times in 1995.

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For more information and for interviews, please contact Raechelle Turner, Sohn 2008 Campaign Manager, at (206) 718-2022.

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