New Jersey has a pension funding crisis and the local media is providing venues for discussion. In the last week outgoing governor Christie and incoming governor Murphy got a chance to weigh in on the issue though they most obviously were not asked about the numbers or anything that would give context to the the conversation.
Watch these video excertps and see if you can make out any trace of a cogent strategy in any of them.
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Burypensions Blog 
Posted by Tough Love on December 16, 2017 at 9:43 pm
Well, so far I see NOTHING that suggests that Gov-Elect Murphy is going to extend the 2% Police Salary arbitration cap.
And If Gov. Christie’s statement that NJ has the nation’s highest-paid Firefighters and the nation’s 2-nd highest-paid Police Officers is accurate (or even CLOSE to accurate), I ask…. why SHOULDN’T it be extended?
Might it be that he is beholden to the Unions ….. the result of a quid-pro-quo that you (the Unions) support ME, and I’ll do what YOU want (e.g., let the 2% cap expire)?
Posted by Reality on December 17, 2017 at 11:05 am
Dude you have been living in fantasy world for the last 8 years. Living off a credit card under Christie. Spending never went down the whole 8 years. Well,your credit card just got shredded and you will be paying your bills. I know it’s going to be hard to accept,but you are going to be paying higher taxes. He ran on it and won no problem.
Posted by dentssdunnign on December 17, 2017 at 11:33 am
Murphy must go back to following the law …income tax was voted into law to help with school funding until the corrupt democrats figured a was to steal it via corrupt supreme courts with illegal rulings .Obey the law and send the money back to the districts from whence it came …
Posted by Anonymous on December 17, 2017 at 11:36 am
Oh but the recent NJSC ruling the n pension funding is GTG, selective memory just like TL on the P&B Commission reforms.
Posted by Anonymous on December 18, 2017 at 4:38 am
deflection …..
Posted by PS Drone on December 17, 2017 at 12:47 pm
“might it be that he is beholden to the Unions?” His entire power base, like most Democrats, is made up of nothing but crooked unions, their gold brick public sector member/employees, illegal immigrants, minimum wage workers and current and ex-felons. What a wonderful agglomeration of productive citizenry.
Posted by Tough Love on December 17, 2017 at 1:29 pm
Long ago, “Buy American” meant it’s products.
Today, it means it Politicians.
Posted by Anonymous on December 16, 2017 at 10:13 pm
What about cola ? Needs to be reinstated, at least for the for the lower end recipients
Posted by Tough Love on December 16, 2017 at 11:32 pm
With Private Sector pension Plans very rarely including COLA increases, why should Taxpayers pay for COLA-increases for Public Sector workers?
Are Public Sector workers “deserving” of a better deal ….. on the Taxpayers’ dime ?
Posted by Anonymous on December 17, 2017 at 8:10 pm
Oh please like politicians haven’t been for sale from the beginning of time, talk about Fantasy Island!
Posted by Anonymous on December 17, 2017 at 11:35 am
It might but only for very low pensions ? on amounts.
Posted by skip3house on December 17, 2017 at 7:25 am
“….. see if you can make out any trace of a cogent strategy in any of them……”
Right/ Nope / Nothin’
Posted by Tough Love on December 18, 2017 at 2:58 am
Gee, and I thought State & Local Public Sector pensions were a problem…………..
http://msutoday.msu.edu/news/2017/msu-scholars-find-21-trillion-in-unauthorized-government-spending-defense-department-to-conduct/