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Ron Johnson: “Now unemployment rate is 6.7%.”

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

Objection to Sen. Sanders

Published December 18, 2020 | Video Starts at 06:32

We had a record economy because we stopped over regulating and we had a competitive tax system. Now unemployment rate is 6.7%. In the CARES act, which I supported because I want to help people. Part of that was the economic impact payments. (06:32–06:35)

CLAIM

Asserts that the unemployment rate is currently 6.7%.

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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Ron Johnson

“We're $27.4 trillion in debt today. That's 128% size of last year's economy.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 08:21-08:28
“If this bipartisan deal goes through, about a trillion dollars, we'll be in $28.4 trillion in debt, 132% of GDP.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 08:29-08:38
“The June survey took a look at how those households spent their $2,400 checks. 18% of those checks were spent on essential consumption.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 10:05-10:20
“The remainder 71%. Half of it was put to savings spent on increasing savings. The other half was paying off debt.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 10:36-10:46
“It took three years. Three years till January 2012 because of overregulation and over taxation to return to February 2009 levels of 141.6…”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 13:31-13:47
“We have $600 billion unspent, unobligated.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 15:04-15:09
“At that point in time, there was 1.2 trillion of that unspent. A big chunk of that wasn't even obligated.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 01:07-01:16
“Today, as we stand here debating this now, we still have a little under $600 billion unspent and unobligated.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 01:16-01:24
“We worked long and hard on a targeted bill. More than $600 billion, $300 plus up for people on unemployment, $260 billion for small…”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 02:35-02:59
“52 Republicans voted to proceed to that bill. Democrats just said no.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 03:03-03:11
“Prior to Covid recession, we had the record number of Americans employed. At the end of December 2019, just under 159 million Americans were…”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 05:19-05:31
“By April, two months in the pandemic, three months into the pandemic, employment had dropped to 133 million.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 05:33-05:42
“In November, the latest figures we have there are now 150 just shy of 150 million Americans employed again.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 06:05-06:14
“In the CARES act, which I supported because I want to help people. Part of that was the economic impact payments. Basically what the Senator…”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 06:37-07:08
“According to the Federal Reserve bank in New York, the average check per household is $2,400.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 07:11-07:17
“115 million households got a check.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 07:16-07:21
“At the low point, 25 million Americans had lost their job.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 07:25-07:30
“We have 9 million jobs less than we had when we had a record level of employment before the recession.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 09:23-09:29
“In January 2008 we had 146 million Americans employed. Today we have 149 million.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 12:25-12:34
“In January 2009, President Obama was inaugurated had total control of government, a filibuster proof Senate control of the House.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 12:49-12:59
“They passed the $787 billion American Recovery and Reinvestment act of 2009.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 13:02-13:08
“President Obama with Speaker Pelosi and Majority Leader Reid with filibuster proof Senate. They provided a $25 per week plus up to state…”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 14:05-14:21
“We don't need to mortgage our children's Future by another 3 or $400 billion.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 15:29-15:35
“We could have done it in September.”
Objection to Sen. Sanders | Uploaded December 18, 2020 | 15:42-15:47