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Thread: Approval rating for Gov. Christie dips among N.J. voters, poll shows

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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    NorthJersey.com: NJ hasn't saved a penny for retiree health care obligations, study finds
    As of 2009, 19 states have set aside no funds for future medical costs, while the others have mostly tucked away a small fraction of what they owe retirees, according to the study.

    Gov. Chris Christie and state Senate President Stephen Sweeney (D-Gloucester) are working on changes to the public-employee medical system that would push some of costs to current workers and future retirees in the form of increased contributions. But neither have proposed establishing a pension-style fund.

    Christie spokesman Kevin Roberts yesterday said the governor is not currently considering a pension-style plan for health benefits. “Our focus is on getting the Legislature to enact our reform plan to ease the unsustainable burden it places on taxpayers, who on average fund 92 percent of the cost of public employee health benefits in the state,” he said.

    With enough in the bank to cover 66 percent of what’s owed in benefits, New Jersey’s pension system is also among the most poorly funded in the nation, according the study.

    Based on the percentage funding, New Jersey has the 12th poorest pension plan in the country, according to the study. The state had the seventh poorest pension plan when Pew released a similar report last year.

    Many states, including New Jersey, have skipped or reduced pension contributions so they could divert money to other areas. Overall, states were supposed to contribute $115 billion to their pensions, but only kicked up $73 billion in 2009, the study shows.
    I wonder if all those other 18 states have evil Republican governors?

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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    Quote Originally Posted by Whovian View Post
    Translation: REPUBLICNAS ARE EVIL! I HATE REPUBLICANS!

    You cant put words in my mouth, im a big boy and will readily say what ever it is I believe on my own.
    I am still a registered republican..I never voted anything but republican for decades...that has now changed...I am NOT for this teaparty in any way shape or form...I will vote against them in every election I can...I am very sorry I voted for Rick Scott and my jury is still out on Marco Rubio who I voted for and whos been in hiding riding the tide out to see which way hes going to go.
    So lets summarize so you dont have to make any more foolish assumptions about me whovian..Im going to try to make this crystal clear for you.

    I am a republican not a far right nutjob nor a rich guy that doesnt give a chit about anyone else...I am totally against this new teaparty republican party. Now having said that let me say this....
    I am a quite comfortable individual who is in the unique position that NONE of this effects me personally...Ryans plan doesnt effect me...Neither does Christies...this isnt about me with me..and my dislike for the teaparty isnt about anything they are doing to me personally...Its what I see them doing to everyone else....and I predict its going to fail in the long run. America doesnt not like the far left and they dont like the far right. It takes a while before the majority of americans wake up...they are starting to wake finally the polls are reflecting that.

  3. #23
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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    Quote Originally Posted by tessaesque View Post
    I never understood the idea of a "free pension". It's your retirement and you should pay into it. I couldn't believe that people were balking over him asking teachers and other state employees to pay 8% into their "guaranteed" pension plans.
    Well in the old days, in private industry, pensions (annuity plans) were quite common and amounted to money the company wasn't paying you and was set aside. I think those kinds of pensions are now phased out, except for the cost of them for those that were hired under those plans. So you can't merely take the money, since it was technically part of their original compensation. Paying into your own retirement is a fine thing, and IRAs were made for that. 401K and the like, are another option between you and your employer that is compensation deferred. So technically you already earned that money, and if the company included COLAs are part of your package, then would be included as a promise as well. Maybe part of the problem is that the moneys weren't invested in the proper instruments that would bear a positive return above inflation. Requiring the teachers to pay more in tells me the money hasn't been well invested over the years. This is very similar to social security where the payroll deduction percentage has been steadily climbing since its inception; albeit also for other reasons such as welfare for people that never paid in.

    A standard pension type plan also existed in the federal govt under CSRS untill it was phased out in 1983, and replaced by the FERS which has several components including a 401K-like plan (TSP). It also includes an annuity and social security.

    Small businesses have always had to include these various retirement options based on affordability. Some can afford them and some can't. I suggest it is still incumbent upon each employee to try to develop some kind of personal retirement plan. Even if they can only put aside a little bit into an IRA each year.

    Social security, IMO, is not the best way to secure retirement. I think there are better methods of investing money. A govt requirement to put aside a certain percentage of money into retirement (of your choice) to minimize the chance of public destitution is one thing; to require a payroll deduction into a system in which the employee has no choice is another. That's why I support an eventual replacement of SS with a system where the employee choses where to invest his money.
    Last edited by American; 05-24-11 at 11:58 AM.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    Buyers remorse is now in states all over the nation. Right wing governors are now falling like stones in popularity polls. Michigan, Ohio, New Jersey, Florida and Wisconsin just to name the obvious. The American people re waking up to the right wing war on the working class and the timing on this spells trouble for the right wing in 2012. Sadly, by that time, tons of damage will alrealdy have been done by right wing administrations which control many states. It will take decades to rectify the gross errors they have made in the name of their extremist ideology.
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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    Quote Originally Posted by haymarket View Post
    Buyers remorse is now in states all over the nation. Right wing governors are now falling like stones in popularity polls. Michigan, Ohio, New Jersey, Florida and Wisconsin just to name the obvious. The American people re waking up to the right wing war on the working class and the timing on this spells trouble for the right wing in 2012. Sadly, by that time, tons of damage will alrealdy have been done by right wing administrations which control many states. It will take decades to rectify the gross errors they have made in the name of their extremist ideology.
    Michigan had a democrat governor for eight years who effective ran that state into the ground. They're idiots if they don't give their new governor some time to fix everything that's broken.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Approval rating for Gov. Christie dips among N.J. voters, poll shows

    Quote Originally Posted by tessaesque View Post
    Michigan had a democrat governor for eight years who effective ran that state into the ground. They're idiots if they don't give their new governor some time to fix everything that's broken.
    can you explain how you "fix" problems by betraying the principles of Abraham Lincoln - a Republican - and betraying the principles of Ronald Reagan - another Republican - with the Emergency Manager law?

    And while you are at that, please explain to me when Granholm had a Michigan Legislature which was under the control of her own party in eight years?

    Yeah - its tough when facts get in the way of conservatism - but life is what it is.
    __________________________________________________ _
    There are two novels that can change a bookish fourteen-year old's life: The Lord of the Rings and Atlas Shrugged. One is a childish fantasy that often engenders a lifelong obsession with its unbelievable heroes, leading to an emotionally stunted, socially crippled adulthood, unable to deal with the real world. The other, of course, involves orcs.... John Rogers

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