Detailed text transcripts for TV channel - FOXNEWS - 20100814:14:06:00
>> brenda: and some of the numbers that we've been showing, actually, have just been base salary. they have not included benefit packages. pensions and the like really have exploded. >> look it, if the federal government being the lead dog in an economy created wealth. then france would be the richest country in the world and it's not. and what the federal government has built in the private sector. the private sector got out of these defined benefit plans which have unlimited pension plans at a fixed number. the private sector went into 401(k)'s, but the government has stayed at 75% defined p...
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