Did you know?
• New Jersey spends $11 billion more annually than it takes in -- the largest percentage deficit in the U.S.
• New Jersey's total debt has tripled since 2002, skyrocketing from $17 billion to $51 billion. Each family of four living in New Jersey is therefore on the hook for more than $16,000.
• And in the midst of the worst economic downturn since the Great Depression, New Jersey's public sector added 11,300 jobs in 2009 while private enterprise hemorrhaged 121,000 jobs.
Sanity: Governor Chris Christie is amputating large portions of the budget. Because it's the only way.
• His proposed budget would slash subsidies to schools by $800 million and to cities and towns by $450 million.
• It would reduce state spending by nearly 10%.
• It would permanently cut more than 1,200 state employees.
• It would suspend payments of billions on the insanely rich public sector pension plans that can't possibly be sustained.
The only question: can we clone Chris Christie, say, 534 times for Washington?
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