Ron Johnson: “Third decade, 87 trillion for a whopping total over 30 years…”

“I don't know what we get through the first decade without a debt crisis, but it pales in comparison to the second decade, $31,000 or $31 trillion of deficit. The Third decade, 87 trillion for a whopping total over 30 years of $127 trillion of deficit. I put that in perspective. The entire net private asset base of America is $110 trillion. So that's the problem we're trying to deal with now.” (09:18–09:24)

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.