More bad news. From the article:
"New Jersey's debt position remains high, and the state's long term pension and employee benefits obligations are very significant."
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2 comments:
What will all these public employees do when NJ finally goes belly up? Oh boo hoo! Guess they will just have to join the rest of us that they are forcing out of our homes and to the curb with our belongings, huh? Boy, will I laugh my head off at that sight! Maybe then they will finally understand our pain... just sayin...
It's coming. No one is to blame except Unions and elected officials with some blame to dumb voters. This is even bigger than attention has been given. There are plenty of companies that pensions are guaranteed by taxpayers. Wait for that sunami. It's coming. I'll wait for Bury to cover that.
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