Ron Johnson: “We've averaged $6.5 trillion over the last five years.”

“If that family member got, well, they wouldn't keep borrowing $50,000 and continue to spend that level. But that's exactly what we've done. So We've averaged $6.5 trillion over the last five years. Last year we spent 6.9 trillion and this year we're on track to spend $7.3 trillion, 63% higher than the $4.4 trillion. So we, we have to get spending down to a pre pandemic spending level.” (02:09–02:13)

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