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Rush Limbaugh - Timeless Wisdom

Rush Limbaugh Dec 30, 2020

Rush Limbaugh - Timeless Wisdom

The Rush Limbaugh Show

News

45.3K Ratings

🗓️ 30 December 2020

⏱️ 1 minutes

🧾️ Download transcript

Summary

Rush Limbaugh Dec 30, 2020

Transcript

Click on a timestamp to play from that location

0:00.0

Are you a retired government employee with a pension? Well, the New York Times is reporting on a

0:06.8

big problem in places like Oregon, New Jersey, Connecticut, and Kentucky because government

0:11.7

employee pension costs are out of control. And you know what that means. Now these states and a

0:17.7

lot of cities are having a hard time paying for day-to-day operations and basic services because

0:22.8

they're paying retirees so much. State run pension plans are far outpacing economic growth,

0:30.3

which is really good. It's not uncommon for plans to pay retirees $100,000 a year and up

0:37.2

for not working for the rest of their lives. And take the case of the University of Oregon football

0:43.2

coach who was hired in 1995, stayed with the team 13 years. Today he draws $46,000 a month

0:51.2

in taxpayer-funded pension benefits. It's a good deal for him, no doubt. Now the upshot says one

0:58.0

government official is that state governments are no longer trying to do more with less. They're

1:03.2

trying to do less with less. What a concept. Truth is, if they had decided back then to do with

1:11.2

less liberalism, they wouldn't be forced to do with less money now and pensioners wouldn't be

1:18.0

quaking in their boots over ending up with nothing somewhere down the road.

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