During Republican Governor Chris Christie's inauguration speech in New Jersey, he dropped some interesting news in regards to Public Unions. The question I'm considering is whether or not the American people can afford such liberal benefits to State and Federal employees, as I'm guessing these kind of benefit packages are country wide? Also.. now with Obama and the Democratic Party so bent on ballooning government control over the people and expanding the size of government, you have to wonder, how can the people pay for it?.... --------------------- One state retiree, 49 years old, paid, over the course of his entire career, a total of $124,000 towards his retirement pension and health benefits. What will we pay him? $3.3 million in pension payments over his life and nearly $500,000 for health care benefits -- a total of $3.8m on a $120,000 investment. Is that fair? A retired teacher paid $62,000 towards her pension and nothing, yes nothing, for full family medical, dental and vision coverage over her entire career. What will we pay her? $1.4 million in pension benefits and another $215,000 in health care benefit premiums over her lifetime. Is it fair for all of us and our children to have to pay for this excess? Mish's Global Economic Trend Analysis: Governor Christie Declares "New Jersey on Edge of Bankruptcy"