GOP Ron Johnson blasts Democrats’ out-of-control spending
Republican Wisconsin Sen. Ron Johnson, during Thursday night’s debate with Democrat Mandela Barnes, criticized Democrats’ “runaway deficit spending” for causing inflation.
Asked about the government setting a minimum wage, Johnson noted that “the government is messing up more things, causing more problems, or exacerbating more than it actually solves. People working for minimum wage are [a] very low percentage.
Johnson, attacking Democrats and inflation, said, “The problem people have is runaway inflation caused by runaway deficit spending, our growing debt, and the Democrats’ war on fossil fuels.”
“Again, a dollar you had at the start of the Biden administration is only worth 88.3 cents. We need to cut deficit spending, which is out of control, and we will never get it under control with the Democrats in power,” he added.
Later in the debate, when the Republican senator was asked about inflation and government programs such as Medicare, Johnson again hammered at the out-of-control spending, saying, “I want to save Social Security. I want to save Medicare. The greatest threat to any government program is the huge, uncontrollable budget deficit and our growing debt.
He added:
If we just go back to the interest rate we’ve had for the last three decades of the last century, 5.4%. This would add $1.2 trillion per year to our interest charges, which would have to be paid without our defaulting and interest rates being even higher. Yes, Social Security recipients are going to get an 8.6% raise, but that just keeps us tied with what they lost to Biden inflation…Let’s put it another way, a stake of $100,000 that the eldest had is not worth just $88,300. It’s the federal government through their inflation. Democrat inflation basically took $12,000 out of that senior’s account.
“The solution is to cut deficit spending, bring down inflation, end our war on fossil fuels, so we don’t keep driving up the cost of energy and gas,” he said. he said, adding that the first thing needed was to stop inflation, then the economy could grow.
Jacob Bliss is a reporter for Breitbart News. Write to him at jbliss@breitbart.com or follow him on Twitter @JacobMBliss.
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