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prageru's profile
PragerU
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    PragerU‏Verified account @prageru May 1

    Did you know? Many cities and even states are going bankrupt. Why? Public pension liabilities. In California alone, more than 62,000 retired public employees are receiving pensions of over $100,000 per year. The public pension system is unsustainable.pic.twitter.com/phJ3MJ6VQ3

    5:38 AM - 1 May 2020
    • 107 Retweets
    • 215 Likes
    • Erin ChunkDaDeuce Joel Briggs Ellis Pos Kenny Harden White Dwarf Star Fulcrum Jose Rodriguez Wintery Knight
    18 replies 107 retweets 215 likes
      1. New conversation
      2. Peter Backes‏ @PeterBackes3 May 1
        Replying to @prageru

        Translation: we need to cut taxes and public services and impoverish civil servants so that my oligarch masters can become even richer.

        3 replies 0 retweets 1 like
      3. Steven Wayne‏ @Steven_Wayne_ May 1
        Replying to @PeterBackes3

        Translation: Govt employees are overpaid during their working lives, and after their working lives, and the private sector US employees can no longer fund them.

        0 replies 0 retweets 6 likes
      4. End of conversation
      1. David Lamont‏ @DMLamont May 1
        Replying to @prageru

        In this whole argument two things are left out. 1. These are fellow working Americans. 2.its their money.

        0 replies 0 retweets 2 likes
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      1. FreeSpeech‏ @fiestylady May 1
        Replying to @prageru

        That's because 'unions' are like cancers that feed on, then ultimately... destroy their host!

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. Larry Truslow‏ @ltruslow May 1
        Replying to @prageru

        I’ve paid into my pension (7% of gross pay) for 29 years...I’m getting my pension! Does someone pay into a 401k, and suddenly it’s gone???

        3 replies 0 retweets 2 likes
      3. Momx4‏ @Momx4x6 May 1
        Replying to @ltruslow @prageru

        Yes! Trillions in stock market value - gone. Trillions in retirement savings - gone.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Momx4‏ @Momx4x6 May 1
        Replying to @prageru

        Enter Illinois. ~109,000+ #twillpic.twitter.com/xh05Zy3cat

        0 replies 0 retweets 0 likes
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      1. Andrew Cole‏ @AndrewC47126578 May 1
        Replying to @prageru

        If California didn't have cars it would have been made forcibly bankrupt 30 years ago.

        0 replies 0 retweets 0 likes
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      1. Stramineus 残高‏ @Berndog6 May 1
        Replying to @prageru

        Not only are the "defined benefits" outrageous but the administration of the pension plans are outrageously incompetent.

        0 replies 0 retweets 0 likes
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