Cleaning up NJ's fiscal disaster etc..etc..

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Q

QuakerOats

Senior Member

8,740 posts
Feb 16, 2010 3:34 PM
This is the type of blueprint that will have to be used to clean up the massive and insidious largesse that the public sector has heaped on the people (at least the producing people):

http://www.nj.com/politics/index.ssf/2010/02/chris_christies_speech_on_budg.html

There will be a gnashing of teeth in the streets .................... I look forward to it.
Feb 16, 2010 3:34pm
ptown_trojans_1's avatar

ptown_trojans_1

Moderator

7,632 posts
Feb 16, 2010 4:07 PM
Well, looks like NJ will be an interesting test case. It will be interesting to see the ramifications for such a freeze.
Feb 16, 2010 4:07pm
derek bomar's avatar

derek bomar

Senior Member

3,722 posts
Feb 16, 2010 4:18 PM
pretty crazy to see the amount of money they're paying in benefits for teachers compared to what they pay in
Feb 16, 2010 4:18pm
Mr. 300's avatar

Mr. 300

Senior Member

3,090 posts
Feb 16, 2010 5:34 PM
"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?"

Hell no it's not fair. This is why the public workers/teachers unions need restructured. We need to do to them exactly what they did to the business community back in the day. They are taking advantage of the tax payer now, and it's time to level the playing field for ALL workers.
Feb 16, 2010 5:34pm
F

Footwedge

Senior Member

9,265 posts
Feb 17, 2010 1:56 AM
I agree with Mr. 300 on this point big time.
Feb 17, 2010 1:56am
M

Manhattan Buckeye

Senior Member

7,566 posts
Feb 17, 2010 10:23 AM
For the "other" state that had a gubernatorial election last fall, here is an update:

http://www2.timesdispatch.com/rtd/news/state_regional/article/mcdonnell_budget_cuts_to_include_furloughs/324876/

On the one hand I don't like seeing anyone have wages/benefits reduced or lose their jobs, but at some point people in the public sector need to understand they are part of the recession like everyone else, and to the extent there isn't money, there simply isn't money. We've let the government sector get so far out of control some people think it is a God given right for absolute job security and a pension.....two words. Tough shit. This isn't reality.
Feb 17, 2010 10:23am
Q

QuakerOats

Senior Member

8,740 posts
Feb 17, 2010 10:56 AM
"I'm going to Vegas and blow my 401(k) funds! "

What .... in defiance of the directives from the messiah ???


:)
Feb 17, 2010 10:56am
majorspark's avatar

majorspark

Senior Member

5,122 posts
Feb 18, 2010 2:52 PM
Let the political demagoguery begin.

Blind kids getting the shaft, people will get institutionalized who could have lived independent lives, and of course free and reduced lunches for children could be at risk.
http://www.nj.com/news/index.ssf/2010/02/blind_13-year-old_tells_assemb.html

You knew this was coming. What a heartless troll Gov. Chris Christie must be.
Feb 18, 2010 2:52pm
Mr. 300's avatar

Mr. 300

Senior Member

3,090 posts
Feb 18, 2010 3:45 PM
The liberals are already in meltdown mode. Anyone with common sense knows that a business must make cuts to reign in a deficit, and the state of NJ is no different. Let him do his thing and see what happens.
Feb 18, 2010 3:45pm