Bill Clinton: “First of all let me say, as you know, I supported, against a lot of opposition, doing the second Sea Wolf and to try to…”

“First of all let me say, as you know, I supported, against a lot of opposition, doing the second Sea Wolf and to try to keep the electric boat company going and also because we're going to move in--we're going to have a transition, if all goes as planned, into a different submarine. In other words, the Sea Wolf was conceived as a submarine designed specifically to counter a Soviet submarine threat. But we believe if we keep working with the Soviets to reduce, the nuclear problems will not be there. We also, however, know we will need a newer, smaller, lighter, faster, different submarine to take us into the 21st century. So I do think there will be defense work in the submarine industries.”