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Ron Johnson: “In 1998, that dollar is now worth 51 cents. The $2014 now is…”

Featuring: Ron Johnson, Republican | U.S. Senate, Wisconsin

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U.S. Senator Ron Johnson on So Called Vaccines, Tariffs & Taxation

Published | Video Starts at 09:24

What are your thoughts on that? So those same scenarios, I also laid out how much the dollar was worth back then. In 1998, that dollar is now worth 51 cents. The $2014 now is 74 cents. The $2019 worth 80 cents. So, yeah, inflation is a wicked tax and really impacts poor people the most. Rich people, people have their invest in stocks, that kind of stuff, and they can weather the storm. (09:24–09:34)

CLAIM

Asserts the depreciation of the dollar's value from 1998, 2014, and 2019 to present.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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