Go Back to Sleep, New Jerseyans
The state of New Jersey just learned that its liability for the health care costs of retired state workers and school employees is $58 billion. This year’s state budget is $34 billion.
Gov. Jon Corzine called the news “a pretty heavy body blow.”
But not to worry. Rae Roeder, president of Communication Workers of America Local 1033, says workers and taxpayers shouldn’t panic about the cost because “the state isn’t going out of business.”
And therein lies the problem.
July 29th, 2007 at 00:39
The headstone reads: you did it to yourselves.
It would be funnier if it were a localized problem–unfortunately it’s not:
http://www.scrivener.net/