FACT: Out of all recent governors, Christie’s least to blame for pension mess

By Matt Rooney | The Save Jersey Blog

Tuesday’s budget address is appropriately renewing the budget/pension recrimination battle, Save Jerseyans, so if you haven’t already, check out our contributor Joe Sinagra’s Pension Death Spiral post. It’s a great quick primer for the ‘how’ behind our current situation.

Want something even easier to digest?

This chart tweeted out by Politico New Jersey caught my eye:

That’s right! As Governor Christie correctly said from the rostrum, this year’s proposed $1.9 billion state pension contribution is the largest ever. By a mile. And he’s the only one who has at least acknowledged the problem and proposed a solution that didn’t 100% revolve around tax hikes. But with your average worker $2.4 million in benefits for a $126,000 personal contribution, a full 95% of our budget’s raw growth is coming from these exorbitant pension and benefits payments.

We never catch up by design. It’s mathematically impossible.

Democrat governors’ mismanagement (see above) of the pension fund makes the Democrat legislature’s pension amendment all the more ridiculous. There’s nothing to debate for as long as the NJEA-owned politicians find reality less lucrative than campaign donations

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Matt Rooney
About Matt Rooney 8403 Articles
MATT ROONEY is SaveJersey.com's founder and editor-in-chief, a practicing New Jersey attorney, and the host of 'The Matt Rooney Show' on 1210 WPHT every Sunday evening from 7-10PM EST.

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