Whats going on in NJ.
- 07-12-2006, 10:01 AM
Whats going on in NJ.
An early joke about New Jersey is attributed to Ben Franklin: "New Jersey is like a beer barrel, tapped at both ends, with all the live beer running into Philadelphia and New York." Maybe you had to be there.
A contemporary joke is on display in Trenton where the majority Democratic legislature and Governor John "I promise not to raise your taxes" Corzine are in a fierce battle over the state budget, which last weekend led to a government shutdown reminiscent of the 1995-96 closings of the Federal government. A decade ago, it was a battle between a Republican Congress and a Democratic president. Now, in New Jersey, it's a fight among Democrats over how much taxes should be raised (and which ones) and how much the legislature and governor will increase spending.
A recent Wall Street Journal editorial summed up New Jersey's fiscal problems: "The Garden State has raised taxes nearly every year since 2000 and nearly twice as much per resident as the next highest tax state. Yet, no surprise, Trenton still has the biggest budget crisis outside of the states ruined by Hurricane Katrina. This taxing binge hasn't balanced the budget because state expenditures have ballooned by $8 billion, or about 45 percent, in six years."
Corzine claims new spending is necessary because state schools and services are under-funded and that's why he "needs" to raise taxes again, this time by a proposed $1.5 billion. Schools and services are anything but under-funded, but Corzine carries the Democrat's tax-and-spend gene and he is not about to cut taxes or reduce spending in the face of facts.
Republicans see a grand political opportunity in New Jersey. A new Quinnipiac poll has found 46 percent of voters regard taxes as the largest problem faced by the state. As the Journal notes, that's "the highest number for any issue the polling firm ever found in New Jersey."
Republicans have presented the governor with a detailed list of spending cuts, totaling $2.2 billion. They include adjustments to salaries and benefits for government employees, suspension of nonessential programs, elimination of low-priority programs and politicized spending, consolidation of departments and deferral of some new spending. Corzine wants to increase state spending by a whopping $2.8 billion and leave the present bureaucratic government structure largely untouched.
Democratic infighting isn't over tax increases; it's about which taxes to raise. Most Democrats oppose an increase in the state sales tax, fearing political reprisals. They prefer to boost already high property taxes instead. Republicans want to cut taxes and reduce spending, a proven formula for economic stimulation, not to mention increased cash flow to the treasury.
The more New Jersey raises taxes, the faster the exodus of businesses to other states, thus draining the state of tax receipts and leading Democrats to raise taxes again to make up for the lost revenue. It then becomes a vicious circle, as even more businesses vacate. According to the Census Bureau, 60,000 more people left New Jersey than moved to the state in just the year 2000.
In 1990, New Jersey went through a similar economic crisis. Then-Governor Jim Florio pushed through the biggest tax increase in state history. The economic downturn that resulted led to Florio's ouster. Republican Christine Todd Whitman replaced him. If citizens decide to try another Republican governor, they should give him, or her, a Republican legislative majority made up of fiscal conservatives.
If Tony Soprano ran his businesses like New Jersey Democrats run the state, he'd be bankrupt. Maybe someone with Tony's style and attitude should be put in charge. Otherwise, New Jersey and the Democrats who are ruining it will continue to be the butt of jokes like this one: Why are New Yorkers so depressed? Because the light at the end of the tunnel is New Jersey!
- 07-18-2006, 11:28 AM
Yeah... but.. but... we want the Dems to take over at the national level and bring the New Jersey disaster to the national level!!! Tax and Spend! Tax and Spend! Soak the rich!! Soak the rich! Anyone who is not on welfare is rich! Any one who has a job can't be poor. Tax'em! We need to balance our budget, for crying out loud! And the world's poor nations need our handout too. Bono comes knocking, babe!
- 07-18-2006, 11:43 AM
Well a good chunk of people are leaving NJ. Mostly the more right of mind. We have lost almost 100,000.00 republicans in the past 3 years to states with lower taxes. NJ will end up like New Orleans. The liberal dream.. then when something dramatic happens.. they will not be able to take care of their own problem and beg for the feds to dig them out
07-18-2006, 12:02 PM
Our Republican President may have the right idea as far as tax rates but he sure can spend. We need a true conservative party to offset the truly liberal Dems to give more of a "choice" at the polls IMO.
07-18-2006, 02:13 PM
I agree.. I am not happy at all with the amout of spending that this Republican Administration has made. Some of it i do understand, its for the war.. thats fine... but the bridges in alaska that go nowhere.. pork like that is too much.. clinton had more.. but this is one of the few reasons why i am not a bush conservative
07-19-2006, 03:22 PM
07-19-2006, 05:43 PM
It is the Democrat liberals' modus operandi. Get everyone onto welfare roll, so you will have to depend on government handout, and be loyal Dem voters.
If people become successful, then they don't depend on the government and they want government out of their hairs. That is bad for politicians who are keen on big government. Who are big on government?? Democrats.
07-19-2006, 07:36 PM
The democratic party wants people to be poor so they need to rely on the government o live which gives them control.
07-19-2006, 08:26 PM
How can you hate a class of people who bankroll this entire country? The upper class already has the money, so they tax the middle class and use the money to bribe the poor so they will not revolt against the upper classesOriginally Posted by klugman
This practice works two-fold, first the subsidized poor are bought into and endless cycle of non-self sustaining survival. Just like a domesticated dog they lose their hunting skills and exists to renew the system of class gentrification. A class of inferiors which gratify the existance of the middle class.
Secondly, the taxation of the middle class weakens their financial power and thereby their political influence. The political power remains with the upper ruling class, which ensures it's superior position of power. This biased power structure creates a negative feed back loop, where even people of the middle class begin to look for hand outs(subsidies) to justify the existance of the tax system.
So, its... hiho hiho... off to work we go!
07-20-2006, 10:26 AM
Originally Posted by anabolicrhino
Your post supports my position. If the legislators in NJ actually had a care for the middle class, they would end confiscatory taxation.
07-21-2006, 07:21 AM
It sure does! I think that it is more of a love/hate relationship.Originally Posted by klugman
I don't think that the relationship is unique to New Jersey. I think of the movie The Matrix, where the machines feed off of the humans, but in exchance create a "perception" of a pleasurable world of convenience.
Nobody seemed to care about the state government shut down , until they realized the couldn't play lotto!
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