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Ron Johnson: “The probability of this working out like this is the last…”

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

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Chairman Johnson at Euro Affairs Subcomm hearing on financial crisis in Greece

Published | Video Starts at 15:49

And there's been value to having those rules, but I think now we're in a place where they may be counterproductive. But again, I think you'd acknowledge The probability of this working out like this is the last bailout and they're going to get all the policies right is quite small. Correct. So the next step will be another bailout further in the future and they will never address the root cause of problem which is these awful economic indicators, lack … (15:49–15:56)

CLAIM

Asserts that the likelihood of the current bailout being the last and successful is low.

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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