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Ron Johnson: “Iran's economy is about a $500 billion economy.”

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

Senator Ron Johnson on CSPAN's Washington Journal

Published December 11, 2013 | Video Starts at 39:51

I think what we should have been doing is we should have passed a more stringent. I hear all these things about crippling sanctions. They're really not. I mean, Iran's economy is about a $500 billion economy. The sanctions themselves had maybe about a 10% effect on that, depending on the numbers you're looking at. What we should have done is strengthen the sanctions until Iran came to us and really begged. (39:51–39:55)

CLAIM

Asserts that Iran's economy is valued at approximately $500 billion.

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.

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