Ron Johnson: “In 2019, the fiscal year before the pandemic, the Federal…”

“That is an insane approach. Nobody would do that. But that's exactly what the federal government's done. Let me take a look at the first chart. In 2019, the fiscal year before the pandemic, the Federal government spent $4.4 trillion. Year of the pandemic, we had to do something fast and massive so markets wouldn't collapse. So we went on a massive spending spree, spent almost $6.6 trillion. 6.5.” (01:04–01:13)

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