We have $16 trillion in debt. We've got 103% debt to our economy. We're borrowing 38 cents on the dollar. We're destroying the standard of living for most Americans. Their incomes have declined for the last 11 years, and yet the cost of all their goods. We're engaging in something called quantitative easing, which you and I have talked briefly about because you saw me at that. (43:04–43:10)
CLAIM
Asserts that American incomes have declined over the past 11 years.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.