Posted on 03/28/2019 2:06:22 PM PDT by GuavaCheesePuff
TRENTON, N.J. – There’s more bad news on the New Jersey economic front.
New Jersey shed 9,300 private sector jobs in February 2019 while adding 1,600 public sector (government) positions.
(Excerpt) Read more at savejersey.com ...
But the *good* news is that Jersey *gained* 17,450 “public service” jobs.
Sounds good. All the state will have to do is raise taxes.
More people on the Government teat and less on the taxpaying end..................What could possibly go wrong?..................
Now that N.J. has all-Democrat rule it will begin that long swirl around the toilet bowl. As the state loses jobs and people it will keep raising taxes to make up for the losses, which will cause more people and businesses to leave.
New Jersey, New York, Connecticut, Massachusetts, are all losing many decent paying jobs and their citizens are moving South mainly to Texas, Florida, etc.
What is wrong with these states?....Democrat Party low life socialist, communist, dregs and their high taxes and terrible business environments.
I keep waiting for states like Illinois, NJ, and CA to financially implode, seems like for years, but they just keep going on and on. Is there no end to big-statism?
Yeah that 9% income tax could be bumped up a lot! Calif is 13.
As long as they can issue bonds to borrow, the party continues.
I’m pretty sure next time there is total Dem control of WH and Congress you’ll see legislation to allow Fed guarantee of state and city bond for “blue” locations.
Excellent!
1600 more people that can work hard to stop the production of wealth, goods and curtail the exercise of Personal Freedom.
Dumbass Democrats ruined this State.
Murphy is a Doofus if there ever was one.
The taxes in those states are too high.
I live in NJ, one of the highest-taxed states.
My property taxes went through the roof.
What you describe is another can-kicking event, but likely to happen. The Fed will monetize the states’ and cities’ debt, inflating it away, on the backs of consumers worldwide.
The rest of the world needs to stand up to this sort of economic thievery.
Yes run it til it blows.
I actually though in the Carter era there would be a reckoning.
How foolish I was...here we are 40 years later still faking it with debt.
Ayn Rand had a term for that. When liberal policies fail, they promote more policies as the “solution” but it just compounds the problem even more.
“Sounds good. All the state will have to do is raise taxes.”
And raise them on all the remaining government leeches still left.
Problem is like a virus these people are infecting healthy red states.
Yeah, well the minimum wage is being raised a bit higher by law every year - that’s sure to help job retention and creation in the private sector......
They tell you right in the snip:
“shed 9,300 private sector jobs in February 2019 while adding 1,600 public sector (government) positions”
It isn’t just taxpaying individuals fleeing the costs of our swollen government worker caste - it is employers as well; they pay taxes!
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