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New Jersey's fiscal woes imperil an already-damaged Chris Christie
Reuters ^ | May 21, 2014 | BY EDITH HONAN AND GABRIEL DEBENEDETTI

Posted on 05/21/2014 5:39:28 PM PDT by Oldeconomybuyer

The scandal over a made-up study that badly disrupted traffic at the George Washington Bridge may not be New Jersey Governor Chris Christie's biggest problem after all.

Less than a year after the charismatic governor was the toast of the Republican Party and a leading contender to run for the White House in 2016, the story was supposed to be about a New Jersey economy that he had managed to turn around and budget problems he had been able to solve. That narrative appears to be unraveling.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: New Jersey
KEYWORDS: bias; election2016; journalism; media

1 posted on 05/21/2014 5:39:28 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Budget balancing won’t solve what ails New Jersey. Their taxes are way too high and business climate way too low. I don’t see how Christie could get that Dim legislature to do anything really constructive about those problems.


2 posted on 05/21/2014 5:44:54 PM PDT by colorado tanker
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To: Oldeconomybuyer

Yeah, I was pretty much thinking this myself today while I was listening to the NJ radio station.


3 posted on 05/21/2014 5:45:07 PM PDT by jocon307
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To: colorado tanker

There have many previous GOP governors in decidedly Blue Northeastern states. None of them gets much done. In these leftist strongholds the gubernatorial election is a meaningless exercise.


4 posted on 05/21/2014 5:56:04 PM PDT by BlueStateRightist (Government is best which governs least.)
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To: Oldeconomybuyer

For the first time, I read the name Chris Christie and my first thought was of somebody who is small and getting smaller. In this case, I’m not talking about his weight, but good for him getting that more under control. I mean his public image of power and influence. Even Rahm (DeadDeadDead) Emanuel looks bigger in stature now than Christie. But then, it’s still early in the game, right? Let’s revisit the topic one year from now with the campaign in full swing.


5 posted on 05/21/2014 6:00:17 PM PDT by lee martell
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To: Oldeconomybuyer

These Dimwitocrats will never get it. High state tax rates plus a heavily regulated private sector equals economic stagnation. That’s Business 101 but the Dem controlled legislatures in New Jersey, New York, California, and Illinois all follow that model. Then these Dimwitocrats wonder why their state economies are a mess?


6 posted on 05/21/2014 6:01:25 PM PDT by dowcaet
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To: dowcaet

Back in the Carter years, things were bad - but you could still find a job in NJ, there was activity going on.

This is now bad on a whole different scale.

No one wants to move here, so most houses can’t sell, just certain highly-desired ones.

People are trapped here. Job situation real bad since 2008.

It is BAD, but still grinding along, people scraping around and finding a way to get by.

NJ has world class access to:

seaports
railheads
airports
transportation and highway system
data networks
finance
pharma
insurance
personal wealth
nyc
genteel suburbs
elite horse industry
elite golf
some of the best retail areas in the nation
workforce - blue collar, professional, scientific, manufacturing, etc., etc., etc.,etc. - basically, you name it, you got it.
all just 80 miles from nyc to delaware river (PA) or about the same from Philly to the Jersey Shore area.

all of this is at a huge discount to it’s close neighbor, nyc.

I’m probably leaving a lot out.

How bad do you have to be to mess up a golden goose of this order ?

It’s practically impossible to mess it up, but somehow NJ’s government is corrupt enough to pull it off.


7 posted on 05/21/2014 6:18:22 PM PDT by PieterCasparzen (We have to fix things ourselves)
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To: Oldeconomybuyer

So is Chrissy going to go crawling back to his little friend in the White House?


8 posted on 05/21/2014 6:19:39 PM PDT by dfwgator
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To: PieterCasparzen

You make a very compelling argument as to why New Jersey should be the economic “Texas” of the northeast. Instead, it resembles a giant version of Detroit and it all boils down to their leftist politics. I always marvel when I hear union leaders lamenting the loss of industrial and manufacturing jobs in northeastern and some midwestern states, and they have no clue as to why. Consider yourself lucky not to live in a blue state these days.


9 posted on 05/21/2014 6:35:05 PM PDT by dowcaet
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To: Oldeconomybuyer

For 20 years we tried to get good conservative candidates in NJ and get them into office.

We were betrayed by RINO Whitman, we tried to get others into the Senate and the Governorship, but the people of NJ just kept pulling the Dem lever, in spite of all the evidence of institutionalized corruption and Dem malfeasance.

We even had the State Supreme Court ignore state election law and allow Lautenberg to go on the ballot instead of Torricelli in 2002.

That was the final signal that NJ would never get out of Dem clutches.

Corrupt government, corrupt education system, teachers unions, state government workers, layers and layers of fiefdoms in local government(town,county,education district, state), high property taxes, unfettered immigration—these have all worked to destroy a once vibrant state that was the center of manufacturing and the American Dream into the late 1960s.

I left NJ in 2006 knowing I could not retire there.

Came to southern DE where the taxes are low, the people are conservative, the beaches and farms are close by, and small town America still exists.The only unfortunate part is that the northern, more populated part of DE is hopelessly Democrat, but they don’t fare that well in Sussex County.

Contrary to what you may have heard or seen from the NJ Turnpike, NJ is one of the most beautiful states in the country. Rich in history, beaches, farmlands, mountains, nature, it is an amazing place.

It is run by complete A-holes from the governor on down.

Twenty years ago we gad a chance to fix it, but we blew it as a state.

Now, there is no turning back. Boomers are leaving, and immigrants who need services are replacing them and then some.

The elderly will be stuck there and eventually lose their homes to property taxes.

A state where anything could be and was built, does not work anymore.

Soon there will not be enough in all of NJ to pay its bills for pensions, benefits and gov’t obligations.

And I place the blame on the Dems and the weak-willed, feckless RINOS who were their accomplices.

NJ is a microcosm of where we are heading as a nation.


10 posted on 05/21/2014 6:35:35 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: PieterCasparzen

As a resident of NJ for over 50 years until I moved out in’06, I agree with all you described about NJ.


11 posted on 05/21/2014 6:37:24 PM PDT by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: colorado tanker

Yup, New Jersey is an interesting state—its really many states in one. It ranges from dung-heaps like Newark and Camden, so some really beautiful areas, especially in the North and West. Which is kind of surprising because its so small. But, apparently not much gets done there without some kind of bribe or payoff.


12 posted on 05/21/2014 6:39:55 PM PDT by rbg81
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To: exit82

That was an outstanding summary—sad, but true.


13 posted on 05/21/2014 6:41:54 PM PDT by rbg81
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To: rbg81

NJ remains one of if not the wealthiest state in the nation. A giant version of Detroit? Total nonsense. NJ is THE epitome of suburban sprawl.

Infested with liberals and RINOs for sure, high taxes over regulation etc, but still not enough to destroy the wealth of a small state at the doorstep of both NYC and Philadelphia.


14 posted on 05/21/2014 7:08:59 PM PDT by Williams
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To: Oldeconomybuyer
Here's our problem:

Those blue areas have more people per square mile (Camden, Trenton, Newark, Elizabeth, Paterson, other hellholes....) than the red areas and it's those blue areas where 90% of the political corruption takes place.

15 posted on 05/21/2014 7:13:34 PM PDT by capydick (''Life's tough.......it's even tougher if you're stupid.'')
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To: exit82
Most people have only seen New Jersey from the Turnpike - or from Newark Airport or Atlantic City. That is the reason NJ has the reputation it has. However, from the wealthy, upscale suburbs of the north to the lush farmlands of the south, and lots of woods in between, it is one of the best states to live in.

Just like most states, there are your "stay away" areas like Camden, Newark and Atlantic City - which is a poor relation to Las Vegas.

16 posted on 05/21/2014 7:20:07 PM PDT by SamAdams76
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To: Oldeconomybuyer

Who is Chris Christie?


17 posted on 05/21/2014 7:32:21 PM PDT by aMorePerfectUnion ( "I didn't leave the Central Oligarchy Party. It left me." - Ronaldus Magnimus, 2014)
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To: capydick

Ain’t it obvious ?

Real conservatives need to start spreading the idea of “thinking”, “facts”, “the gospel”, “small business”, “anti-crime”, “private educational opportunity”, etc, etc., etc., etc., in the blue areas.

You know, there actually are Republicans in EVERY county of the state ? There’s a start.

???

Is this so difficult ?

Nothing will EVER improve if conservatives run AWAY from the front lines of the battle, i.e., retreat. That is, run to the red areas.

Yes, bolster the red areas - many of them voted for OBAMA - (can I get a monster-sized DUH ???).

But the WHOLE state grassroots needs to be re-educated. Cold bucket of water in the face ! Public school is totalitarian indoctrination, MOM !!!!!! The MOMS that HATE the idea of staying home and living on less money can actually be a homemaker, what a novel idea. They are the ones that want the SCHOOL to be their children’s BABYSITTER so mom can have a HER OWN PAYCHECK. That’s domestic power, that’s wearing the pants. Have fun, gossip with your friends, keep up with the Joneses at all costs. DADS, they need to be MEN again. Guess what - your kids are being turned into idiots. Is your kids’ high school social life more important than the rest of their life ? Not to mention the economics we’re basing everything on is leading to very harsh deprivation - precisely when you think you’re going to “retire”. If you sow the wind, you will reap the whirlwind on this. Get right with God. Then get your life in line with God’s word. If you do that, you’ll get better political leadership. If you don’t, you won’t.

IMHO.


18 posted on 05/21/2014 7:41:35 PM PDT by PieterCasparzen (We have to fix things ourselves)
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To: exit82

Some things have to crash and burn hard before people will be willing to fix it.


19 posted on 05/21/2014 7:56:39 PM PDT by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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To: exit82

Very well said, thanks!


20 posted on 05/21/2014 8:15:02 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

He better Veto the gun magazine ban - if he does not his Presidential ambitions are toast. I cannot fathom how his supporters do not see this. Do they have an IQ of 24?


21 posted on 05/21/2014 8:23:55 PM PDT by SkyPilot
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To: PieterCasparzen

Excellent summary!


22 posted on 05/21/2014 9:32:28 PM PDT by guyfromjrz (fresh breath, it speaks for itself.)
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To: Oldeconomybuyer

Fat boi is a DemocRat.


23 posted on 05/21/2014 9:58:09 PM PDT by VRWC For Truth (Roberts has perverted the Constitution)
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To: SamAdams76

I could live in Cape May. but i’d have tohide all of my guns. but the state profile still looks like an old lady in a flat hat.


24 posted on 05/21/2014 10:10:05 PM PDT by kvanbrunt2 (civil law: commanding what is right and prohibiting what is wrong Blackstone Commentaries I p44)
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