Even by the Costanza theory where “it’s not a lie if YOU believe it” what NJ governor Chris Christie said on Fox News Sunday was a lie:
When confronted with a dodgy number on New Jersey’s unfunded pension liability he mentioned his proposed reforms and boldly averred that they would “take that $54 billion and in 30 years it would cut it in half.”
However, only five days earlier he proclaimed:
The governor was being disingenuous here as well. He mentions 11 state pension plans going bankrupt by 2020, just nine years from today, and New Jersey being among them. New Jersey is certainly on professor Josh Rauh’s list but their year is 2018, just seven years from today.
Why didn’t governor Christie expand on the drop-date year and claim his reforms will push that 2018 date to another number he picks out of the air as convenient for his purpose at the time? Because saying that in 30 years the deficit would be $27 billion was more suitable for the MSM echo chamber where answers rarely get intelligently questioned.
Who will be around in 30 years to check the number or take any blame? Was there some study done that came up with a $27 billion underfunding in 2041 post-reform? In any case, what will $27 billion buy in 2041?
Governor Christie does not know the answers yet he will have you believe he does. That’s what makes him a liar.