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What was the deficit? $1.4 Billion when the democrats took over.
What is it NOW - under a decade of democrat rule?
$11 Billion.
You mean way back in 2001? Please, don't tell me you are going to attempt to absolve the democrats, who have been in control for close to a decade, of the ten-fold increase in the budget deficit.
You want to talk about loads? Of BS? You sure?
Maybe you should do a little detailed research again outsider instead of depending on partisan rhetoric. Unlike YOU who only see partisan, I place blame on BOTH parties, but to just give you a little nudge away from the partisan BS Light. Here you go.
Christine Todd Whitmangreatly expanded the debt burden, borrowing more than $11 billion in so-called "contract" debt, bonds that were sold without voter approval. Part of that went into the pension fund and part for school construction, but all of it should have gone before the voters. That would have set a precedent that might have precluded later Democratic governors from trying the same trick, which they did with glee. And it would have saved hundreds of millions in interest payments. Moody rates the state's "general obligation debt" -- the type approved by the voters -- at Aa3, which is a high-quality rating. But because it is not secured by the state's assets, contract debt is rated a notch lower, at A1. The lower the rating, the higher the interest rate. This is a good reason for borrowing only with voter approval. That's what the state Constitution seems to require, but both parties have been adept at exploiting loopholes. As for that big pension deficit, again the Republicans laid the groundwork back in 2001 when they raised pensions 9 percent even after the internet bubble was beginning to rapidly deflate and the value of the pension fund was dropping. Again, the Democrats supported this move and have since moved to add more unfunded liabilities to the system. As for that question of unfunded post-retirement health benefits, the blame falls entirely on the GOP. Back in 1995, Whitman ended the practice of setting aside money for future retiree health-care commitments and switched to a pay-as-you-go basis. The problem with that approach is, the further you go, the more you pay. The cost of retiree health benefits rise by hundreds of millions every year. With no fund, that all has to come out of current expenses.
How about you mind your own Politic business its our state not yours , pay attention to your state.
And she's misinformed as usual. We New Jersian's know how things are in this state and have absolutely no misconceived notions of a rescue from any Governor no matter if they have a D or R behind their name. Its just the same old politics. Not one of them have the balls to do what needs to be done, not even Christie.
And she's misinformed as usual. We New Jersian's know how things are in this state and have absolutely no misconceived notions of a rescue from any Governor no matter if they have a D or R behind their name. Its just the same old politics. Not one of them have the balls to do what needs to be done, not even Christie.
What needs to be done?
You must mean raising taxes on the already #1 tax-raising state.
If there a REASON that the government can't live within it's means?
It happened at one time, didn't it?
Just like the overspending liberals in DC, you had the same problem in your state. There is NO excuse for having an $11 BILLION deficit on a budget of $21 BILLION.
I don't understand how you can't get behind Christie in his effort to roll back the public sector (unions) lavish pay, benefits and pensions.
Chirs "Farley" Christie was hated by those that worked for him in USA Office. Fatboy could've cared less about prosecuting criminals, he was campaigning from day one. He's another republican opportunist doing the same ole things they do that always fail. Fatboy's getting tougher on kids and teachers but falling to his kness for corporations. Very typical.
Chirs "Farley" Christie was hated by those that worked for him in USA Office. Fatboy could've cared less about prosecuting criminals, he was campaigning from day one. He's another republican opportunist doing the same ole things they do that always fail. Fatboy's getting tougher on kids and teachers but falling to his kness for corporations. Very typical.
My what an insightful "opinion", but just a little heavy on the unsubstantiated character assassination.
You must mean raising taxes on the already #1 tax-raising state.
If there a REASON that the government can't live within it's means?
It happened at one time, didn't it?
Just like the overspending liberals in DC, you had the same problem in your state. There is NO excuse for having an $11 BILLION deficit on a budget of $21 BILLION.
I don't understand how you can't get behind Christie in his effort to roll back the public sector (unions) lavish pay, benefits and pensions.
Like I said outsiders. Who said anything about raising taxes. What no Governor has had the BALLS to do, is take on the legislature in an effort to consolidate the 600 school districts, fire and police department. The 11 Billion deficit your continue to reference is for 2011 budget that has not occured yet. The 11 Billion deficit, both sides are trying to cook the books to figure out how to get those numbers down. So again, instead of listening to the rhetoric, do a little research.
By the way, learn how to read and comprehend, NO WHERE IN MY POST DID I SAY I HAD A PROBLEM WITH CHRISTIE STANCE ON THE UNIONS. NO WHERE. Get out of your partisan mode for once in your life and learn how to comprehend information. As far as the lavish pay, have you read up on Christie's increase in payroll? That brings me back to the duplication of the schools, fire and police departments and the high prices administrations pay. So instead of nip picking your partisan rhetoric you seriously need to do some research.
Get out of your partisan mode for once in your life and learn how to comprehend information. As far as the lavish pay, have you read up on Christie's increase in payroll? That brings me back to the duplication of the schools, fire and police departments and the high prices administrations pay. So instead of nip picking your partisan rhetoric you seriously need to do some research.
TRENTON— In an April 19 story about Gov. Chris Christie's payroll, The Associated Press reported erroneously that he is spending nearly $2 million more on salaries a year than did his predecessor, former Gov. Jon Corzine.
Treasury Department figures show the correct higher amount is about $440,000.
Because the AP had incomplete figures for all those on Corzine's payroll — some were paid by other departments but still worked for the governor — the AP also erroneously reported that twice as many people in Christie's office earn $100,000 or more than they did in Corzine's.
Expand your sources...away from the regurgitated talking points on the Left.
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