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FOXNEWSW Forbes On FOX August 10, 2013

You go to the private sector to produce real economic growth. The problem now with high government pay and the big Pension Plans is were creating life long government workers that are a burden on the people working in the real economy. If you get rid of them, they have incentive to get in the real world and cities will no longer have pension problems. David well, rick, and the pension problems are just enormous. New york city, just as one example. This is repeated in many cities over the country. It has 5,000 fewer cops now than it did ten years ago. But the price of the police force is double. Why . Because the pension cost have quadrupled. So we have fewer cops. 5,000 fewer cops. Were paying twice as much for them because of pension costs. I do have to start taking issue with what john said. I dont think policemen and firemen would agree they should be risking their lives as a privilege to service us. So you have to be careful wi ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130810:15:00:00

Detailed text transcripts for TV channel - FOXNEWS - 20130810:15:00:00
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FOXNEWSW Cavuto On Business August 10, 2013

0 this is a nightmare, it s going to fall off the tracks and crash. julie, i m looking at this and thinking, you know, you didn t have to be a rocket scientist, or for that matter, figured early on the guaranteeing coverage of preexisting conditions of having kids on your policy until they re 80 or something like that was going to result in higher premiums. so why this shock at this response? well, first and foremost, look at the statistics, premiums have actually been going up at the slowest rate in decades this past year, that s one. two, if you live in places like new york state and california for that matter, premiums are set to fall by over 50% in new york city next year after obama care goes into effect. you honestly believe premiums are going to fall. places like new york state? for places like what did she make up, dan? what did she make up? read the new york times. premiums may go down by 50%. okay. okay. if it s in the new york times. oh, i forgot, lib ....

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