Will you pay? Will I pay? Who will pay? No idea yet.

From the Star Ledger:

Raise the sales tax? The business tax? Dueling Democratic budgets bring N.J. closer to a shutdown.

Democrats who control the state Legislature on Monday announced they’ll introduce a $36.2 billion budget that would raise taxes on New Jersey’s very largest corporations to the highest level of any state.

They also vowed to move forward with the spending plan even though Gov. Phil Murphy said he’d veto it earlier in the day.

The intensified hostility between the governor and state Legislature pushes New Jersey closer to the possibility of a second state government shutdown in two years. A balanced budget needs to be signed by June 30.

The “two houses are unified behind a budget,” state Senate President Stephen Sweeney said at an afternoon news conference at the Statehouse in Trenton. He assailed Murphy for being unwilling to compromise and described a recent meeting with the governor as a take-it-or-leave scenario.

“I was told, ‘It’s my budget. I like my budget. The things I’ll cut, I already cut. The things on the cutting room floor are on the cutting room floor. Pass my budget.’ That’s almost verbatim,” Sweeney, D-Gloucester, said.

State Assembly Speaker Craig Coughlin, who has largely avoided the public spotlight in recent months when it came to openly discussing the budget, confirmed the Legislature is at a deadlock with the new administration.

The Legislature’s plan does not include Murphy’s call for a nearly 3 percentage point increase on personal income over $1 million and a small increase in the sales tax.

Instead, it creates two new tiers for the Corporation Business Tax, levying the top current rate, 9 percent, on businesses with net income between $100,000 and $1 million, and then 11.5 percent on businesses with $1 million to $25 million, and 13 percent on businesses with income higher than $25 million. The surcharges would expire after two years.

The legislators project their new business tax proposal will generate $805 million for New Jersey, while Murphy’s two largest revenue raisers — the millionaires tax and the sales tax increase — are expected to raise more than $1.3 billion.

“We are being smart about how we raise taxes and by how much,” Sen. Paul Sarlo, D-Bergen, said in a statement announcing details of the spending plan.

He said the added taxes for corporations “making more than $1 million a year in New Jersey will be borne mostly by multinational corporations headquartered out of state and by foreign and out-of-state investors.”

This entry was posted in Economics, New Jersey Real Estate, Politics. Bookmark the permalink.

157 Responses to Will you pay? Will I pay? Who will pay? No idea yet.

  1. Ex-Essex says:

    Phoist

  2. Hold my beer says:

    Won’t those same multinational corporations look to other areas to expand to or even reduce or relocate their New Jersey divisions if taxes keep going up?

  3. Ex-Essex says:

    Homeland Security Secretary Kirstjen Nielsen defended the Trump administration’s new “zero-tolerance” policy at a combative press briefing with reporters on Monday, falsely blaming the controversial practice of separating migrant families at the border on Democrats and “loopholes” in the US immigration system.

    “This entire crisis, just to be clear, is not new. It’s been occurring and expanded over many decades,” Nielsen said. “But currently, it is the exclusive product of loopholes in our federal immigration laws that prevent illegal immigrant minors and family members from being detained and removed to their home countries.”

    Nielsen said, incorrectly, that the Trump administration is simply enforcing the law by separating the families, and is “no longer [exempting] entire classes of people who break the law.”

  4. The Original NJ ExPat says:

    What struck me as the most important statement by Nielsen is that 10,000 out of 12,000 children are unaccompanied or not related to the adult then entered with.

  5. The Original NJ ExPat says:

    I saw some black guy who was one of Obama’s appointees over the weekend, I forget his name and agency(HHS or Homeland Security), but he spoke pretty plainly. He said you are pretty much always going to get 50,000 illegals per month show up at the border. He went on to say that you can do certain things that will bring the number down to 30,000 temporarily, but you’ll pretty much always average 50,000 per month.

  6. The Original NJ ExPat says:

    I watched this episode of Frontline recently:

    https://www.pbs.org/wgbh/frontline/article/inside-the-hidden-reality-of-labor-trafficking-in-america/

    I had no idea how it worked, but here it is in a nut shell.

    1. Poor farmers are approached by “people” who say they can get their kids into the US for a better life, but it will cost them $10K
    2. Of course, they don’t have the $10K, so they hand over the deeds to their property as payment.
    3. Mid-teens are trafficked to the US and put to work as slave labor. They are ostensibly paid $600 per week, but the traffickers keep $550 per week to pay for what they owe for passage.
    4. The kids are kept on isolated farms where they work and live a dozen or so to a trailer. They also deposit them in public schools, but they are so dog tired from working that they can’t do anything at school.
    5. Kids are told that their parents will be killed, lose their farm, or both if they make any noise about the situation.

  7. Very Stable Genius says:

    @chrislhayes

    There is a very obvious throughline connecting the worst moments and policies of this administration,

    the travel ban,
    Charlottesville,
    Puerto Rico and
    family separation at the border.

  8. yome says:

    “To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes;”

    US Constitution – Article 1-Section 8

    The US a Protectionist Nation

  9. Very Stable Genius says:

    @NateSilver538

    It’s complicated because these two things are correlated,
    but the hypothesis that Trump won the election because he stoked racial anxiety has a lot more evidence behind it
    than the hypothesis that he won because of immigration policy per se.

  10. yome says:

    Hamilton’s policies came down to about a dozen key measures. In his own words:

    1. “Protecting duties.” (Tariffs.)

    2. “Prohibition of rival articles or duties equivalent to prohibitions.” (Outright import bans.)

    3. “Prohibition of the exportation of the materials of manufactures.” (Export bans on raw materials needed for industrialization here at home.)

    4. “Pecuniary bounties.” (Export subsidies, like those provided today by the Export-Import Bank and other programs.)

    5. “Premiums.” (Subsidies for key innovations. Today, we would call them research and development tax credits.)

    6. “The exemption of the materials of manufactures from duty.” (Import liberalization for industrial inputs, so some other country can be the raw materials exporter and we can industrialize.)

    7. “Drawbacks of the duties which are imposed on the materials of manufactures.” (Same idea, by means of tax rebates.)

    8. “The encouragement of new inventions and discoveries at home, .and of the introduction into the United States of such as may have been made in other countries; particularly those, which relate to machinery.” (Prizes for inventions and, more importantly, patents.)

    9. “Judicious regulations for the inspection of manufactured commodities.” (Regulation of product standards, as the USDA and FDA do today.)

    10. “The facilitating of pecuniary remittances from place to place.” (A sophisticated financial system.)

    11. “The facilitating of the transportation of commodities.” (Good infrastructure.)

  11. chicagofinance says:

    idiot…… the transaction is a sign of weakness and desperation….. there is a path to potential bankruptcy depending how the economy and technology adoption plays out…..

    The Great Pumpkin says:
    June 18, 2018 at 6:09 pm
    Once again, with the ATT-Time Warner combo, capitalism features its age-old, never-cured disease – combining into monopolies to control the economy and up profits. The solution is system change.

  12. The Great Pumpkin says:

    “Despite the long, stratospheric rise of home prices in the U.S., the inflation-adjusted monthly payment on the median single-family home in 2017 was less than in 1987, when home prices were lower but interest rates were higher, Harvard University’s Joint Center for Housing Studies found.”

    https://www.bloomberg.com/news/articles/2018-06-19/u-s-homes-are-a-lot-cheaper-than-they-look-harvard-study-finds

  13. The Great Pumpkin says:

    Chi,

    It’s the fact that they need to consolidate to survive. Too few companies have all the power. The competition has no choice, but to merge, or die. This is great for small business, let me tell you.

  14. nwnj says:

    Wages haven’t risen in 20 years but it’s sure been a hay day for illegals. Support illegals, vote democrat!

  15. Leftwing says:

    Reply is priceless. Like debating Cramer if Cramers IQ were knocked down to about 50. Why do you even try.

    Remember, you will never get those minutes back lol.

    “Proudly Pumpkin Free Since October 2017”

  16. The Original NJ ExPat says:

    Here he comes
    Here comes Speed Pumper
    He’s a demon on wheels
    He’s a demon and he’s gonna be chasin’ after ‘flation.

    He’s gainin’ on you so you better look around, you betta
    He’s busy revvin’ up the powerful VW Jetta

    And when the odds are against him
    And there’s dangerous work to do
    You bet your life Speed Pumper
    Will see it through.

    Go Speed Pumper
    Go Speed Pumper
    Go Speed Pumper, Go!

    He’s off and flyin’ as he guns the car around his block
    He’s jammin’ down the pedal like he loves bein’ in so much hock
    Adventure’s waitin’ just ahead.

    Go Speed Pumper
    Go Speed Pumper
    Go Speed Pumper, Go!

  17. The Great Pumpkin says:

    Oh hail the mighty leftwing!

    You guys just like one big circle jerk. Can’t have a different thought process with elitists like you. That’s how you know you are a jacka$$, can’t handle a real debate. It’s your way or the highway. Grow up!

    Leftwing says:
    June 19, 2018 at 9:09 am
    Reply is priceless. Like debating Cramer if Cramers IQ were knocked down to about 50. Why do you even try.

    Remember, you will never get those minutes back lol.

    “Proudly Pumpkin Free Since October 2017”

  18. PumpkinFace says:

    I say 2+2=5. DEBATE ME!!!

  19. The Great Pumpkin says:

    Look at the stock market, it’s being carried by a couple companies. Consolidation isn’t the name of the game? I’m just an idiot, right? Keep telling yourself that, just like you called me an idiot over and over again when I called for the labor, housing market, and economy to start heating up. I was such an idiot for making those calls, right?

    PumpkinFace says:
    June 19, 2018 at 10:45 am
    I say 2+2=5. DEBATE ME!!!

  20. 3b says:

    On another topic the shore has been beautiful these past couple of days!! Perfect beach weather!!

  21. Nomade says:

    Ex-Pat, 6:06 Frontline video – watched it, sad. Any data on what % of kids trying to get into the country that are with mother / father or other legit close relatives vs kids being brought in by “contractors”? How does the border patrol determine if kids are part of bonafide family unit, unlikely they have formal documentation, no? Kids separated from less than savory adults who are trying to get them into the country but any data to determine if any kids separated from adults who are legitimately the parents or kin? Lots of gray but I feel for the kids, has to be traumatic and they did not pick their parents or country they were born in. Not sure what the solution is but there has to be a humane way to do all of this and it doesn’t have to be in front of the camera. Some have good intentions but others (on both sides) use it for political theatre.

  22. Juice Box says:

    Every day criminals born and raised in the US are separated from their children. Why is this any different? Do those kids not cry too?

  23. Provocateur says:

    I wonder how I’d be treated if I decided to just run through the immigration lines at airports around the world, dodging the various customs/immigration officers, and saying “I just yearn to live freely in your country, I shouldn’t need a passport or visa or need to fill out those entry forms, just let me in and let me stay however long I want to!”

  24. leftwing says:

    ^^^^Funny, had that discussion with my college son this morning.

    He’s traveled internationally a lot. Mentioned what he thought would happen if his minor brother and I landed at Heathrow and decided to just bust through the alarmed door marked “Not an Exit” to avoid the passport control and customs hassle.

    He got it.

    CBS has totally jumped the shark on this issue. They opened their morning national broadcast yesterday with the quote “the Statue of Liberty is weeping”.

    Why are liberals such drama queens? I’m still scanning the nighttime skies for those inbound N. Korean nukes….

  25. The Original NJ ExPat says:

    I think Nielsen said that 10,000 out of 12,000 kids are not part of a familial unit. I heard a congressman or senator on TV in the last couple days who stated he just had ICE officials in his office briefing him. He said that he was told that 80% of asylum claims are bogus.

    It would be pretty funny if just transported all of them to Canada and let them deal with it, since that’s what Mexico is doing to the US.

    Any data on what % of kids trying to get into the country that are with mother / father or other legit close relatives vs kids being brought in by “contractors”?

  26. SorryToLeave says:

    So… why would a company stay?

  27. Provocateur says:

    The old meaning of the word surcharge is “overtax” or “overload”
    Very accurate for NJ.
    Commies as NJ Governor and NYC Mayor.

  28. The Great Pumpkin says:

    Human nature…but let’s blame democrats.

    Why are those illegals risking their life to come here? Fake republican business owners continue to hire and exploit illegal labor. Trump is one of them. Stop hiring these people, and they will stop coming here. You keep providing them with opportunity, but then b!tch when they come here in droves in search of those jobs.

    nwnj says:
    June 19, 2018 at 8:46 am
    Wages haven’t risen in 20 years but it’s sure been a hay day for illegals. Support illegals, vote democrat

  29. The Great Pumpkin says:

    In reference to lefty and chi debate.

    You guys trash social!st based economic systems because you claim human nature always ruins it. I apply the same thought to free market theory and capitalism.

    Why isn’t there a true free market….human nature.

    Why is there no such thing as true capitalism….human nature.

    Why does capitalism always end badly… human nature.

    Quite frankly, I have absolutely no faith in any economic system. Honestly, every economic system works, they only fail when human nature comes along and screws it all up.

    How is social!sm any better than capitalism? How is capitalism any better than social!sm? Nothing is better, they both work, and they both fall apart due to human nature every single time.

    So we should not be debating what economic system is better, they both work. What we should use our energy on is trying to figure out how to fix human nature which causes economic systems to fall apart over and over again.

  30. The Great Pumpkin says:

    It’s like fighting over democrats and republicans. Both sides have good ideas, both sides have bad ideas. Human nature corrupted the system to the point where people just agree because that is my team, and will always defend their team. Unproductive and does nothing for our society, but ruin it. Politics is supposed to help society by fixing problems. Too bad the only thing it does now is create more problems while solving nothing.

    We can do better than this. Unite the country. Work together for the greater good. We are all Americans, this is ridiculous what is happening. So smart, yet so stupid.

  31. 3b says:

    Pumps You can’t fix human nature.

  32. yome says:

    European immigrants are blowing up places due to lack of jobs.Crimes are committed because of no jobs. You want illegal aliens to come in and starve due to no jobs?

    Prevent them before they starve. A starving person will do anything to eat

    “Why are those illegals risking their life to come here? Fake republican business owners continue to hire and exploit illegal labor. Trump is one of them. Stop hiring these people, and they will stop coming here. You keep providing them with opportunity, but then b!tch when they come here in droves in search of those jobs.”

  33. The Great Pumpkin says:

    3b,

    Yea, it’s tough. People always trying to cut corners and get over on the next guy. You shouldn’t be looking to rip someone off in an economics based deal….that’s what screws it all up. People can’t do what is fair and honest. They have to get over on the other person. It’s sickening.

    What’s really sickening, Jesus was the first person to introduce social!sm. So you have a bunch of so called Christians today going against their founder’s belief system. He didn’t want an eye for an eye like the Old Testament. He saw the flaws of that system and tried to get people to do onto others, as they would do onto themselves. Why can’t we follow this? Why is it so difficult? Instead we have to have jails and laws to protect ourselves from each other. Humans have a lot to learn.

  34. The Great Pumpkin says:

    Yome,

    Amen!

  35. yome says:

    If You Must Request Asylum at the Port of Entry
    The reason to avoid requesting asylum at the port of entry to the U.S. is that the inspections officers have the power to quickly find you inadmissible and deport you, in which case you will not be allowed to return for five years. This can happen if an inspector believes that you are making a misrepresentation (committing fraud), or misrepresented the truth when you got your visa, or if you do not have the proper travel or visa documents at the time you request entry.

    This quick deportation procedure is known as “summary exclusion.” It can be applied to anyone except people entering the United States under the Visa Waiver Program (according to a 1999 decision by the Board of Immigration Appeals).

    There is an exception to the summary exclusion process for people who fear persecution and request asylum. So, even if you do not have the proper documents or you have made a misrepresentation, you could still be allowed to enter the U.S. if you make clear that your reason is to apply for asylum and you can show that you’d be likely to win asylum.

    After you have said you want to apply for asylum, you’ll immediately be given a “credible fear” interview by an asylum officer. The purpose of this interview is to make sure you have a significant possibility of winning your case. Most importantly, the officer will want to be sure that your request is based on a fear of persecution. This interview is supposed to be scheduled quickly, within one or two days, but it has been taking longer.

    If the officer isn’t convinced of your fear, you must request a hearing before an immigration judge. If you don’t, you will be deported from the U.S., and not be allowed to return for five years. The judge must hold the hearing within seven days, either in person or by telephone.

    If the judge finds that you have a credible fear of persecution, you’ll be scheduled for a full hearing. In that case, you should seek an attorney. This proceeding will take place in Immigration Court, before a judge, and with an attorney representing the Department of Homeland Security (DHS).

    Detention While Awaiting Your Hearing
    Most asylum applicants are held in a detention facility at this point. You can and should request release, called “parole.” You’re most likely to be granted parole if you can verify your identity, have family or other contacts in the area, can post a bond (money that you give up if you don’t show up for future hearings), and can show you’ll be financially supported until a decision is made on your asylum case.

    If you fail to convince the immigration judge of your credible fear of persecution, you will be deported (removed) from the United States.

  36. The Great Pumpkin says:

    Yome,

    You didn’t imply it this way, but this how I took it.

    Everyone should be given a job(I’m talking globally). There is no such thing as not having a job. People not having job opportunities is why they do bad things. So why not give everyone a job?

    I truly don’t understand why we would want to employ an economic system that does not provide for a job for all. It’s madness that we are cheering a 4% unemployment rate. That’s still 4 out of every 100 individuals f’ed beyond belief. How do we allow this crap if we consider ourselves to be decent human beings?

  37. The Great Pumpkin says:

    Give everyone an opportunity to contribute. If they don’t want to work, fine. There will be no welfare system to assist as everyone is given an opportunity to work if they choose. This current setup is pure nonsense.

  38. chicagofinance says:

    Great point

    Juice Box says:
    June 19, 2018 at 12:11 pm
    Every day criminals born and raised in the US are separated from their children. Why is this any different? Do those kids not cry too?

  39. Blue Ribbon Teacher says:

    That’s still 4 out of every 100 individuals f’ed beyond belief. How do we allow this crap if we consider ourselves to be decent human beings?

    Unemployment is what forces people to switch to more viable and sustainable careers. It actually serves a purpose.

  40. Libturd says:

    Jesus…The original Soc1alist.

  41. The Great Pumpkin says:

    Follow the money. That last sentence says it all.

    “One of the mainstay companies of Koch Industries, the Kochs’ conglomerate, is a major producer of gasoline and asphalt, and also makes seatbelts, tires and other automotive parts. Even as Americans for Prosperity opposes public investment in transit, it supports spending tax money on highways and roads.”

  42. The Great Pumpkin says:

    Yes, after they become depressed, start hitting the bottle, and popping them pills. Unemployment kills, dude! Have a heart.

    Blue Ribbon Teacher says:
    June 19, 2018 at 9:05 pm
    That’s still 4 out of every 100 individuals f’ed beyond belief. How do we allow this crap if we consider ourselves to be decent human beings?

    Unemployment is what forces people to switch to more viable and sustainable careers. It actually serves a purpose.

  43. Blue Ribbon Teacher says:

    So your solution is government jobs for those prone to alcohol and substance abuse? Brilliant. You know what they sell their EBT card to get that booze don’t you?

  44. The Great Pumpkin says:

    My idea is simple. You contribute to survive. You can get banged up all you want, but you won’t have a job, and welfare won’t be there to support you.

    This is not a guaranteed job. It’s an opportunity.

  45. Ex-Essex says:

    All this winning….

  46. Very Stable Genius says:

    , it can also lead you to vote for a degenerate reality tv clown

    The Great Pumpkin says:
    June 19, 2018 at 9:40 pm
    Yes, after they become depressed, start hitting the bottle, and popping them pills. Unemployment kills, dude! Have a heart.

  47. Very Stable Genius says:

    which is bringing all Americans together…

    Ex-Essex says:
    June 20, 2018 at 5:21 am

    All this winning….

  48. D-FENS says:

    I find it to be a really amazing coincidence that the “children in cages!” outrage started right around the time the IG report was released and Horowitz was scheduled to testify.

  49. Fast Eddie says:

    which is bringing all Americans together

    Just like Obama did.

  50. The Original NJ ExPat says:

    ding! ding! ding! We have a winner!

    I find it to be a really amazing coincidence that the “children in cages!” outrage started right around the time the IG report was released and Horowitz was scheduled to testify.

  51. The Original NJ ExPat says:

    Comey should have titled his book A Higher Liar

  52. Libturd, AKA Dr. Howie Feltersnatch says:

    Why the Times is a complete joke.

    “Raj Rajkumar, director of Carnegie Mellon University’s Mobility21 research center, which focuses on transportation issues, said studies have shown that mass transit reduces congestion and pollution. But he also said there is some truth in concerns that transit could bring gentrification. To offset that, he said, transit plans should be paired with measures to increase affordable housing.

    Still, in most places and over the long run, buses and trains are the most effective and cleanest way of moving large numbers of people large distances, he said. Ride-sharing can help people on shorter trips, Mr. Rajkumar said, or getting to and from a train station. “But if you’re going 30 miles, Uber is less suitable. I don’t think Uber and Lyft can really replace public transit,” he said.”

    The proposed light rail was a total of 20 miles. Now read the following article about the complete lack of benefit that light rail provides.

    https://www.citylab.com/transportation/2014/04/have-us-light-rail-systems-been-worth-investment/8838/

    “Last year Americans for Prosperity spent $711,000 on lobbying for various issues, a near 1,000-fold increase since 2011, when it spent $856.”

    $711,000 is a pittance, a joke. The fact that they might be effective with such a small spend might be newsworthy.

    Or the fact that the former Democratic Mayor of Nashville, who proposed the transit project, resigned in shame after a steamy affair with her head of security. That’s newsworthy and for sure, the more probable cause of the initiative not passing.

    But idiots like Otto and Moana and most other progressives take from this article is that Koch’s caused Nashville to vote against this transit project. When the truth is, the Koch’s should be thanked for helping save Nashvillian’s a ton of dough on a project that would have benefited few and cost tons of dough. Or, perhaps Dem leaders should add some saltpeter to their diet?

  53. Very Stable Genius says:

    @tonyschwartz

    Trump is a prisoner of his own pathology and so are we.
    It would be in his interest to back down on separating parents and kids but he can’t admit to a mistake and he can’t tolerate being wrong.
    This is about mental illness not policy.

  54. chicagofinance says:

    Stop looking backward……. do you have an opinion about November and also the 2020 campaign? Is there a legitimate centrist that can take out Trump. The economy is on fire and it is eroding the hoped Blue Wave. This situation is playing out completely in Trump’s favor. The “mess” that is this man is becoming white noise.
    People aren’t paying attention anymore. Don’t live in an echo chamber. What is the strategy?

    Very Stable Genius says:
    June 20, 2018 at 7:33 am
    , it can also lead you to vote for a degenerate reality tv clown

  55. Libturd, AKA Dr. Howie Feltersnatch says:

    And the voters rejected the referendum by a 2:1 margin with nearly all of the positive votes coming from the downtown (mainly millenial) population.

  56. chicagofinance says:

    Remember that Trump is the “id” that everyone wishes they could unleash on Europe, Japan and the rest of our competitors and enemies. He is foisting all the sh!t out there and it is embarrassing. YET – there is a piece of everyone out there saying “fcuk yes …. finally setting aside all the protocol that allows these others to steal from us relentlessly which laugh at us and ridiculing us.” No one will ever say it in public and it will not show up in a poll. Only the “deplorables” have no sense of social conduct to display it, but the support is widespread AND CONCEALED. Don’t be naive.

  57. Libturd, AKA Dr. Howie Feltersnatch says:

    The strategy of preaching to the perverted by blaming the other side for every ill in the world has been completely ineffective. If you think Trump is dangerous in that he has been ignoring the political advice from those around him and shooting from the hip. Just wait until Trump rules with a mandate!

    Dems are so so so very stupid.

  58. yome says:

    The U.S. economy is running larger trade deficits with other nations.
    The numbers: The U.S. current-account deficit, a measures of the nation’s debt to other countries, rose 6.9% in the first quarter mostly because of a wider trade gap in goods.

    The current-account deficit increased to $124.1 billion from a revised $116.1 billion in the fourth quarter.

    What happened: The U.S. recorded a larger deficit in goods in the first three months of the year. The bigger trade gap largely reflects a stronger economy in which Americans can afford to buy more imported goods than citizens in other countries.

    President Trump also contends a bigger trade deficit stems in large part from unfair trade barriers in other countries that he’s seeking to bring down. He’s already announced tariffs in $50 billion in Chinese goods and slapped sanction on foreign steel.

    Big picture: The U.S. has been a debtor nation for a long time in good economic times and bad. In recent years, the deficit in the current account has been more manageable than it was a more than a decade ago. The current account deficit was 2.5% of GDP in the first quarter. That’s a tick above the 2.4% level in the fourth quarter but well below a peak of 6.3% in 2005.

  59. Fast Eddie says:

    And cue Rachel Maddow with crocodile tears. The left is suicidal. How’s the Russian collusion coming along?

  60. Libturd, AKA Dr. Howie Feltersnatch says:

    Couldn’t agree more Chi.

    Trump is doing the dirty work that needed to be done. For example, on the surface, it’s nice to say, let the half a million Mexicans in a year. But deep down inside, no one wants to pay for it, nor are there really enough jobs for them. And the truth about the family splitting situation is that many of these parents are heroine mules and users themselves. The screams of the child separated from their parents who already have death sentences from their drug habits need to be weighed against their lack of future with those parents. The same cries are heard daily by CASA volunteers right here in NJ. Worst of all, many of those emigrating today end up returning to Mexico in a few years once they find out that the grass really isn’t greener on this side of the border.

    Same with the tariffs. Free trade is not free trade with tariffs. Trump’s the first person doing something about.

    His increase in approval ratings and dramatic decrease in disapproval ratings speaks volumes of his actions.

    And all Moana can say is, he is mentally ill. Sorry Moana, but only the deplorables buy that sh1t when referring to Crooked Hillary. :P

  61. Libturd, AKA Dr. Howie Feltersnatch says:

    I’m still waiting on the impeachment which was definitely going to happen, no?

  62. Blue Ribbon Teacher says:

    I went to a retirement luncheon for my mentor yesterday. One of the gym teachers who was supposed to speak on behalf of one of her colleagues had to go off on a tangent about Trump during a speech. Likewise, my facebook feed from former coworkers is littered with posts about “children in cages”.

    The funny part is, I have two people “friended” on facebook simply because I enjoy reading how crazy they are. They are pure sociopaths in the workplace. They lie about what they do in the classroom, backstab people, take credit for others works, and badmouth everyone behind their back. But on facebook, they are a beacon of morality bitching about how awful of a person Trump is.

    Anyone who doesn’t align one way or another is getting sick of the constant fake outrage. I think at this point, Trump is a lock for 2020 barring any major stock market crash.

  63. Ex-Essex says:

    Whole lotta stupid (per the usual) on display here.

  64. The Great Pumpkin says:

    Give me a break. This is going to hurt this city long term. They will become another Los Angeles devoid of real public transportation options. Traffic will be hell in Nashville as the population increases with no real public transit infrastructure in place. Thank you, Koch brothers for holding back progress because you are selfish pricks protecting your businesses’s revenue line over the progress of nation.

    Lefty, you are such a committed team player, that you missed the gist of the article. This was an investment in the growth of the city being taken away by the Koch brothers who do not even live there. The plan was going to pass easily until the Koch grassroots effort started spreading propaganda door to door pushing their bs selfish agenda.

    So now those resident’s future pay compensation will not be as high as it would be had they made the investment in the future infrastructure of the city. Sad. Glad you saved tax money in the short term, it’s going to cost you big time in the long term.

    “But idiots like Otto and Moana and most other progressives take from this article is that Koch’s caused Nashville to vote against this transit project. When the truth is, the Koch’s should be thanked for helping save Nashvillian’s a ton of dough on a project that would have benefited few and cost tons of dough. Or, perhaps Dem leaders should add some saltpeter to their diet?”

  65. Ex-Essex says:

    The Senate minority leader, Chuck Schumer, said: “There is no need for legislation. There’s no need for anything else. You [Trump] started it, you can stop it – plain and simple.”

    Under the policy, all adults are arrested for crossing the border illegally. As children cannot be kept in an adult prison, they are held separately.

    In the House, Republicans have included a provision to end family separations in their compromise immigration proposal, which would also provide $25bn (£19bn) for Trump’s border wall and his other hardline security demands. The bill would offer a pathway to citizenship for young undocumented immigrants, known as Dreamers. A rival bill, supported by a conservative bloc of Republicans, would not guarantee them a path to citizenship.

    Trump did not discuss whether he would back a standalone measure should support for the immigration proposals flounder. The president has called on Democrats to negotiate an end to the separations, inviting criticism that he is leveraging the crisis at the border to win support for his hardline immigration framework.

    The House is expected to vote on the immigration measures this week and their fates are far from certain.

  66. Libturd, AKA Dr. Howie Feltersnatch says:

    One. Dumbass Pumps did not read the article I posted nor my post. Or he chooses to ignore the facts. Two, a wall would solve the family separation issue.

  67. nwnj says:

    And theatrics aside I think the question we need to answer is how many third world worlders is enough? The world population is absolutely exploding and many of these countries have no way to sustain it. What is the end game? Us is now the world dumpster in perpetuity so the democrats can win elections? Shut the door now.

  68. Ex-Essex says:

    I’m not really rooting for Democrats at this point. They made their bed and get to sleep in it.

  69. Ex-Essex says:

    But Trump is a disaster. Failure to see that is going to take it’s toll on just about everything.

  70. Fast Eddie says:

    Trump is doing the dirty work that needed to be done.

    I’m astonished at how effective and determined he is. I didn’t know what to expect but he’s got a warrior’s mentality and is doing the things that nobody wanted to do. He’s the antithesis of his predecessor in a striking manner.

  71. nwnj says:

    He’s got balls bigger than the last 100 years worth of presidents put together.

  72. nwnj says:

    Democrats went all in on open borders now they have to live with it. Hardly anyone is buying the crocodile tears from the left when they support abortion unfettered.

    Open borders and identity politics are a tough sell in these times. That party is an absolute basket case POS.

  73. 3b says:

    Blue some of the biggest liberals I know are some of the nastiest back stabbing people outside of Facebook. Ironically sone of the things they howl about Trump doing they do in their own personal encounters with other people. They are also closet racists.

  74. Fast Eddie says:

    Liberals pine for equality, fairness and justice… until it’s convenient not to do so.

  75. Provocateur says:

    I’m for open borders coupled with a dismantling of the massive welfare state, but even then people should go through formal immigration channels, be examined for diseases, be able to prove they can support themselves, etc.
    If people entering the US knew they had to fully pay their own way, you’d get a better quality of immigrant.
    It’s hard working immigrants that populate JJ’s massage parlors, after all.

    Fun fact: Chinese people who move from the countryside into Chinese cities are treated far worse than the US treats illegal aliens: their kid(s) aren’t allowed in the city’s public school, the families aren’t given treatment in the City hospitals. And pretty much nobody in China gets welfare, them included. They basically all live and work in the grey economy. If they can’t work, they have no money and go back to their local village. Where is the outrage from the loving liberals?

  76. Provocateur says:

    Leftism is how nasty, unethical people convince themselves that their own personal immorality is compensated by what they consider their super-ethical dreams for society. Which they try to enforce by using the mechanisms of government to force other people to do things that they imagine is socially ethical.
    In reality they are immoral through and through – privately nasty and publicly tyrannical.
    There’s a parallel to this in the religious right – nasty private lives who think they can compensate with big public religious displays and shows of charity.

  77. Nomad says:

    Chi,

    I listened the other day to Blankfein interview Paul Tudor Jones the other day. Both felt like the tax cuts are throwing lighter fluid on a fire. I think Blankfein said POTUS strategy was to grow our way out of things but he said it is questionable if that would work. Both said the tax cuts put us in a position of limited options when economy slows and some banter about how deep the next recession will be. Don’t the warning lights start to go off when the deficit hits 5% of GDP? Also saw a blurb this am implying Powell wants to raise more than 4x this year. Still lots of unemployed people and many working for poor wages when benchmarked against cost of living. Thoughts on all of the above?

    Thanks to all who commented on immigration from yesterday. Did some reading, far more complex than I realized. Still feel for the kids but understand things better. Creating a child should require a license.

  78. Juice Box says:

    Here is a good analogy to the Immigrant children and the left support for the new legislation to fix immigration. It is for the children right??

    There’s a drowning child. The lifeguard is playing dumb about his duty, and you strongly suspect he threw the kid in in the first place. He’s also probably a racist, and the kid’s Latino. Do you:

    1. dive in
    2. complain and moan that the lifeguard should do it

  79. nwnj says:

    Yep, other than copy pasting huff po articles my guess is that Essex hasn’t done a thing for illegal children. But he is willing to rail against trump to his lib friends and vote for progressive politicians.

  80. Ex-Essex says:

    NWNJ – some of the nicest kids i worked with during the 14 years I taught in Essex co. Were of illegal descent . I suppose you could say I paid my dues. Now FU pay me.

  81. The Original NJ ExPat says:

    I just entertained a call on my cell phone from “New Jersey”. Since it was NJ, I answered the call, though I knew what it probably was. I figured it was a head hunter, and it was. Almost un-understandble Indian accent, asking me about a “Senior” position in my field. The first thing I always ask is “where”. If it’s not in Boston or within 8 miles of my doorstep, they are out, and I tell them so. He said Boston. OK, I looked over the email, and said, “Yeah, that’s me.” I next asked him the rate. This was a 12 month contract position, according to the email, but he said it was 12-24 months. I’m fine with that too. I’ve had many 3 month positions that I knew would go for multiple years. I then asked him the rate, and he quoted me something like $60 per hour. I laughed and laughed and laughed. I told him I hadn’t earned that little since the early 90’s. He used the rest of the call to apologize to me profusely.

  82. Blue Ribbon Teacher says:

    Fun fact: Chinese people who move from the countryside into Chinese cities are treated far worse than the US treats illegal aliens: their kid(s) aren’t allowed in the city’s public school, the families aren’t given treatment in the City hospitals. And pretty much nobody in China gets welfare, them included. They basically all live and work in the grey economy. If they can’t work, they have no money and go back to their local village. Where is the outrage from the loving liberals?

    But it’s so important we don’t tariff their products

  83. The Original NJ ExPat says:

    BTW, once a day I get a call from “Washington”, I’m assuming the state. I never pick up. One hour later, I get a repeat call from the same number.

  84. nwnj says:

    So as they soaked our education system you benefited. Thought so.

  85. D-FENS says:

    I see multiple GOP bills trying to resolve the immigrant family separation issue. Now this.

    @johnrobertsFox
    Follow Follow @johnrobertsFox
    More
    EXCLUSIVE: @realDonaldTrump considering some sort of executive action today to allow children to stay with detained parents through immigration adjudication process. Sources say Admin believes it is likely to draw a court challenge on the basis of Flores v Reno

  86. The Original NJ ExPat says:

    In 1984 or 1985 I knew a couple, they weren’t married, but they were old, and I think they were just friends. They drove from CT to NJ every day together to work at my Singer-Kearfott plant, in a Mercedes, I think. The woman seemed very capable, but I didn’t work with her. The guy I worked with closely, and he was kind of smart, but not the least bit motivated. I used to work with him in a secure computer lab, the majority of the other employees couldn’t even enter the very, very large rooms with very high ceiliings where small teams worked on different projects. This old guy used to pore over stock charts from mags I’d never seen before, definitely not the WSJ, during our down time, which he absolutely loved. He’d just sit there, dandruff streaming from his gray beard, studying stocks most of the time. About 6 months into that job, my first out of college, my boss’s boss’s boss came to me. He said this, “Dave doesn’t know this, and your bosses don’t know this, but Thursday is Dave’s last day. You’re taking over this team. If you think you need any more information from Dave to take over, do your best to get it from him before Thursday.”

    I quickly figured out what was what. I was earning $35,000 per year and Dave was getting $200 per hour. Sure, Dave got let go and I took over, but I vowed right then and there that I would become Dave.

  87. The Original NJ ExPat says:

    Now that I think about it, he was probably reading Barron’s. Probably two decades before I was a subscriber. I did actually become Dave.

  88. Fast Eddie says:

    Moral of the story: Be like Dave.

  89. The Original NJ ExPat says:

    If I’m reading this right…Trump could keep crime families together, but then the courts might overturn his EO?

    I see multiple GOP bills trying to resolve the immigrant family separation issue. Now this.

    @johnrobertsFox
    Follow Follow @johnrobertsFox
    More
    EXCLUSIVE: @realDonaldTrump considering some sort of executive action today to allow children to stay with detained parents through immigration adjudication process. Sources say Admin believes it is likely to draw a court challenge on the basis of Flores v Reno

  90. The Original NJ ExPat says:

    Exactly.

    Moral of the story: Be like Dave.

  91. The Great Pumpkin says:

    Funny, coming from the guy complaining about traffic and lack of investment in our local infrastructure.

    Nashville is growing fast, it would be wise not to rely on cars as your only means of transportation if you want to be a real city that can handle population growth.

    Just ask yourself, why the hell does the Koch brothers give a crap about Nashville. Follow the money. They kill public transit projects across the country, and at the same time advocate for highway building. You are a smart guy, how do you not see through their bs.

    Libturd, AKA Dr. Howie Feltersnatch says:
    June 20, 2018 at 9:38 am
    One. Dumbass Pumps did not read the article I posted nor my post. Or he chooses to ignore the facts. Two, a wall would solve the family separation issue.

  92. chicagofinance says:

    One can only project what Powell might do because he has no track record yet.

    We are at 1.75%/2% FF…. historically a neutral rate might be 3.50-ish…… there is significant discussion that “neutral” is now 2.50% area…. as a result, if we get Sept and Dec, it leaves us 2.25%/2.50……we may not have more than one more or so in 2019.

    Look at The Ten stuck at 2.90 area… it is pretty stunning actually…. speaks volumes….. inflation should be there, but it isn’t….. when you have companies committed to growing without earnings, but given aggressive valuation, it tears out the heart of inflation….. fracking and the Saudis running scared also tamp things down….. China is a big blowhard of a country and it is a culture of graft, exploitation, and cost over quality…….. as seen in Ex-Pat’s anecdote from above, South Asians are also incredibly important, but hopelessly tone deaf as business people.

    All of this speaks to low inflation for 2018…… where we go after that I don’t know…..

    If Trump gets a mandate in November, the stock market will bounce dramatically, only because there is uncertainty priced into stocks and bonds. It is why we are here at these levels.

    Nomad says:
    June 20, 2018 at 10:25 am
    Chi, I listened the other day to Blankfein interview Paul Tudor Jones the other day. Both felt like the tax cuts are throwing lighter fluid on a fire. I think Blankfein said POTUS strategy was to grow our way out of things but he said it is questionable if that would work. Both said the tax cuts put us in a position of limited options when economy slows and some banter about how deep the next recession will be. Don’t the warning lights start to go off when the deficit hits 5% of GDP? Also saw a blurb this am implying Powell wants to raise more than 4x this year. Still lots of unemployed people and many working for poor wages when benchmarked against cost of living. Thoughts on all of the above?

  93. Blue Ribbon Teacher says:

    As far as immigrants are concerned, 90% of the hardest working students I’ve ever had have been children of immigrants. I’d say about 10% of my students fit under this category. It doesn’t really matter where their parents come from. China, Japan, Korea, Poland, Russia, Mexico, Columbia, India, Switzerland. The difference is, they were all here legally.

    The people flocking here en mass at the Texas/California/Arizona borders do not come with the same education, skill sets, or work ethics. They don’t want to bother with the legal process. You cannot cater to this type of behavior. They are proving they are too lazy to go the legal route right off the bat.

  94. D-FENS says:

    Can we call this winning?

    @WiredSources
    Follow Follow @WiredSources
    More
    BREAKING: Germany’s largest auto makers back abolition of EU-US car import tariffs in major win for President Trump – WSJ

  95. Not ProvocatIdiot says:

    I’m not for open borders and I’m for taking care of who live here and fight for here to make sure we don’t need a police state to protect certain “interest”. There is a massive Corporate Welfare state that does need to be dismantled.

    Provocateur says:
    June 20, 2018 at 10:12 am
    I’m for open borders coupled with a dismantling of the massive welfare state, but even then people should go through formal immigration channels, be examined for diseases, be able to prove they can support themselves, etc.
    If people entering the US knew they had to fully pay their own way, you’d get a better quality of immigrant.
    It’s hard working immigrants that populate JJ’s massage parlors, after all.

    answer to your Fun Fact below – Chinese Communist Party runs the place with no rule of law and a secret police

    Fun fact: Chinese people who move from the countryside into Chinese cities are treated far worse than the US treats illegal aliens: their kid(s) aren’t allowed in the city’s public school, the families aren’t given treatment in the City hospitals. And pretty much nobody in China gets welfare, them included. They basically all live and work in the grey economy. If they can’t work, they have no money and go back to their local village. Where is the outrage from the loving liberals?

  96. D-FENS says:

    Protect kids and parents act

    https://www.cruz.senate.gov/?p=press_release&id=3892

    “We can fix this. If my Democratic colleagues will join me, not play politics but work to solve the problem, we can start to end family separation this week. And, we can honor the rule of law.”

    This week, Sen. Cruz is introducing the Protect Kids and Parents Act, which will:

    Double the number of federal immigration judges, from roughly 375 to 750.

    Authorize new temporary shelters, with accommodations to keep families together.

    Mandate that illegal immigrant families must be kept together, absent aggravated criminal conduct or threat of harm to the children.

    Provide for expedited processing and review of asylum cases, so that—within 14 days—those who meet the legal standards will be granted asylum, and those who do not will be immediately returned to their home countries.

  97. The Original NJ ExPat says:

    I like the idea of press conferences every meeting next year. Sure, it affect volatility, but I like the “signal” that the Fed is more flexible than in the past (as in a possible rate cut immediately on the heels of a rate raise, if conditions warrant).

    One can only project what Powell might do because he has no track record yet.

  98. Ex-Essex says:

    “…warrior…” with 5 deferments

  99. The Original NJ ExPat says:

    I haven’t taken aggressive trades, but I’m hedged, to the other side of what talking heads are saying. I think an overseas recession, coupled with trade troubles, will feed back into our markets and cause the thing we dare not say…deflation.

    Look at The Ten stuck at 2.90 area… it is pretty stunning actually…. speaks volumes….. inflation should be there, but it isn’t…..

  100. Ex-Essex says:

    And allow me a healthy belly laugh as Yoy Tards hold yourselves up as morally superior to your bloated bloviating moron in office. Like I said you guys are in charge wake me up when you actually do something .

  101. Ex-Essex says:

    You tards.

  102. Ex-Essex says:

    F’ing embarrassing

  103. Provocateur says:

    To the Not – guy,
    Thanks for the non-sequitur.
    Are you one of the usual fuctwits, or you just appear for special occasions of negative-fuctwitness?

  104. The Original NJ ExPat says:

    Essex – Why don’t you take a ride on your Harley and chill out? Oh..that’s right. I forgot that your wife whacked your pee-pee and said you are no longer allowed to do that.

    Hahahhahahahahahahahahahahaha! (usually reserved for Pumps).

    And allow me a healthy belly laugh as Yoy Tards hold yourselves up as morally superior to your bloated bloviating moron in office. Like I said you guys are in charge wake me up when you actually do something .

  105. Provocateur says:

    Go back to suntanning your balls, Essex.

  106. The Original NJ ExPat says:

    They were sold in a tiny, tiny, tiny, leather change pocket with his Harley.

    Go back to suntanning your balls, Essex.

  107. Blue Ribbon Teacher says:

    Morally superior or just someone with enough common sense to realize political rants don’t belong at a retirement luncheon.

  108. leftwing says:

    “Lefty, you are such a committed team player, that you missed the gist of the article. This was an investment in the growth of the city being taken away by the Koch brothers who do not even live there.”

    Stop talking to me, I don’t read any articles you post and I certainly didn’t comment on it you illiterate d1ldo.

    “Proudly Pumpkin Free Since October 2017”

  109. The Original NJ ExPat says:

    But he’s enjoying his BMW now. (Bavarian Mode of transportation for Women)

  110. Ex-Essex says:

    what a travesty right? An entire manufacture of automobiles for WIMMEN … you sound like a closet case.

  111. Ex-Essex says:

    …and this from a fellow with…a….Miata…

  112. Fast Eddie says:

    Trump press conference just ended: Trump: Those images of children affect everyone… will sign executive order today to keep families together but will not let this issue go. It needs to be addressed. Images from 2014 were far worse! The law for illegal entry calls for detainment and separation followed by court hearing but will sign order to keep them together. 10K of the 12K children brought in recently were being used as mules to gain entry.

    On economy:

    870 regulatons reversed
    3,000,000 plus jobs created
    $6 trillion injected into the economy

  113. The Great Pumpkin says:

    I made a mistake. Looked at it quick and thought it was your post as opposed to lib. Now pat yourself on the back and tell yourself how great you are for putting people down for not being PERFECT.

    How did you get to be so perfect?

    leftwing says:
    June 20, 2018 at 12:16 pm
    “Lefty, you are such a committed team player, that you missed the gist of the article. This was an investment in the growth of the city being taken away by the Koch brothers who do not even live there.”

    Stop talking to me, I don’t read any articles you post and I certainly didn’t comment on it you illiterate d1ldo

  114. Bystander says:

    Pat 10:49,

    I receive those calls everyday. He may have apologized but let me know if he pushed up the rate. My guess is not. It will then dawn on you that this is the job market for experienced professionals. You guys want to keep talking about Trump’s successes but salaries seem to be going backward, not forward. Tax cuts were a sham and if he honestly wanted to help educated middle class, it would be giant reductions to H1B. He has done little to nothing in 1.5 years. My former boss who is Indian American, told me truthfully last week that it will be a struggle for decent job because there are “so many Indians here who will work cheaply”. Trump is hot air and economy is not on fire as others claimed..unless you are a dishwasher at Applebees.

  115. Fast Eddie says:

    Bystander,

    What do you do for a living?

  116. Bystander says:

    Fast,

    Project management in technology transformation or change. Most work is either IT replatforming or some regulator systems initiative.

  117. Bystander says:

    Or as JJ used to say, useless 150k middle management. Give him access to the codebase and he could do it himself. I used to laugh at those posts. Good stuff.

  118. Fast Eddie says:

    I just came up with 282 full time job listings on Indeed @ 150K plus using the keywords, “Project management in technology transformation.”

    What you do is a special set of skills so I’m not sure what would constitute a real salary. 150K plus is pretty sizeable to me. Add the benefits, 401K match, bonuses and what else can one want? And I’ll assume you have way better soft skills than some H1B1 robot. We’re in a smoking economy – I would drop the pessimism.

  119. Fast Eddie says:

    Use the keywords “project management technology” @ 135K plus in the NYC area and you have more than 3200 full time job listings. C’mon, let’s get real.

  120. Juice Box says:

    Bystander the immigration lawyers are going nuts and suing now since the “requests for evidence” has made it tougher to get an H1-B, it is not the same rubber stamp paper mill it was before and they have filed a class action lawsuit over it.

    https://timesofindia.indiatimes.com/business/india-business/suit-filed-for-papers-on-h-1b-queries-denials/articleshow/64626712.cms

  121. JCer says:

    H1B result in capped out salaries. People are outsourcing work to the infosys/cognizant/IBM’s of the world to gain access to cheap H1’s. Why pay 125k or more for a developer when an h1 will work for 90k? For commodity work banks don’t want to pay, unless you do something specialized this market is still a bit weak.

    Eddie, ow many of those job postings exist as cover for hiring H1’s are they real jobs or do they have someone in india assigned and waiting for the job.

  122. Bystander says:

    Ed,

    I feel sorry for you if you think $135k is a good NYC salary. Try over $165k and seems what drops out. I have been making over that for six years now. Suddenly I should take 30% cut in Trump’s great job market? 75% of job postings are bogus anyway. Even if there are 500 that fit my background and pay, you might never hear back. I have probably had 200 contacts in 3 plus months. Lots of talks, lots of happy recruiter but nearly zero calls after that.

  123. Bystander says:

    Yeah Juice, I read that but that is barely a speed bump. I read the India times to see real progress. They seem to get upset for a few days but ultimately it is hot air. They go right back to business. Trump needs to get Congress to act – meaning up the minimum salary, reduce India’s monolopy on visas, and personally I would like to see each state get control over visa alottment. If Iowa needs engineers then they should get them. Right now, H1s flow disproportionately to NYC metro as they as want finance jobs, not real engineer jobs in Nebraska.

  124. Fast Eddie says:

    I feel sorry for you if you think $135k is a good NYC salary.

    With benefits and perks, I think that’s a good salary. So by all means, feel sorry for me.

  125. Bystander says:

    Believe me, I do. If you work in Manhattan, I would hate for you to see what others are getting paid. I don’t think it is bad pay for younger skilled folks but 125k is like candy pay. Could have a job tomorrow if I sold myself that short. Really don’t mean that as insult, it is just fact.

  126. Fast Eddie says:

    If you work in Manhattan, I would hate for you to see what others are getting paid.

    Do tell! What are others getting paid? And if they’re getting big money than what makes you think you can’t get it, also?

  127. Fast Eddie says:

    Trump signs EO keeping families together; reverses years and years of separation tactics. What’s the next fake scandal, liberals?

  128. Bystander says:

    Eddie,

    What you think a good salary is does not hold water in job market. I have current base pay and answer truthfully. Companies and recruiters can take it or leave it. Most are leaving it. That is not pessimism, it is my fact. In 2012, I got over 165k in Obama’s horrible economy. Today, in Trump’s awesome economy, I should take 30% cut? What you call winning I guess.

  129. Provocateur says:

    Now they go back to the Watergate of their generation. Hundreds of leftist journalists are convinced they will be the next Woodward.

  130. Angry! says:

    I’m confused.

    If the going market rate for that job is 165K, and still other people are being paid more then you are in the same field, why are you having trouble finding work (in the largest economic powerhouse in the world none the less) for a pay rate anywhere near what your currently making?

  131. Bystander says:

    Eddie,

    Let’s just say, don’t investigate what admins for top executives make on yearly basis.

  132. Bystander says:

    Angry,

    You are confused. I am going to market with my current rate that I have been making for six years. I know it might be crazy notion but somehow that seems like my starting value. I am not finding many takers so point is that market is not too strong. It has been 3 months, might be another 3 months but ‘hot Trump economy’ sures seems funny from my perspective.

  133. NJDepartment says:

    Agreed. Not many high paying jobs out there in IT.. Sticking to my job as an IT manager. its tough if I get out..

  134. Libturd questioning the gender of Hillary's Cankle fluid. says:

    What does a BMW and a BBW have in common? Both require a big prick to drive.

  135. Ex-Essex says:

    Grim you should consider changing the name of this board to New Jersey Retards .

  136. Ex-Essex says:

    Guys just keep workin hard. My pension isn’t gonna pay for itself.

  137. JCer says:

    NYC in banking 125k has been entry level for the past few years. Mid-level managers total take home between 175k-200k(director level/VP). Bystander the problem is the evaporation of jobs, the banks were driving the bus in NYC. They have largely gone into cost cutting mode and are shipping jobs to lower cost locales, outsourcing and offshoring. Things are not hot in this sector, I’m hearing about lateral pay when people move…..years back that was literally unheard of.

  138. Libturd questioning the gender of Hillary's Cankle fluid. says:

    I love Essex. He says it how he sees it and that’s perfectly alright with me. At least it’s his own thoughts.

  139. Ex-Essex says:

    Thank you That means a lot!

  140. Libturd questioning the gender of Hillary's Cankle fluid. says:

    And unlike half of the turds here. He has a pretty thick skin. Accept when it comes to dealing with his wife!!! :P

  141. Libturd questioning the gender of Hillary's Cankle fluid. says:

    Except. Damn!

  142. Bystander says:

    Jcer,

    We are in total agreement. In fact, I had a phone interview with company called Endava. The pay was good but job was to help outsource NYC banking jobs to India. If you can’t beat them. I am just pointing out facts about this economy. Maybe I am over paid for this market. Maybe I will need to take my own advice and take lower rate then threaten to leave at critical delivery point. I just have never had to take a pay cut in my career especially when told how hot market is.

  143. Hold my beer says:

    He has accepted that’s an exception.

  144. The Original NJ ExPat says:

    LOL!!

    Reminds me of another joke:
    Q. What’s the difference between a BMW and a porcupine?
    A. Porcupines have the pricks on the outside.

    What does a BMW and a BBW have in common? Both require a big prick to drive.

  145. Ex-Essex says:

    My wife knows I’m an idiot, Now so so many of you.

    One thing i’ve Always advocated for though are teachers. Felt they got the shaft here often. Now I see how far $9k a student goes ? I say maybe NJ is a little too generous. Gimme a knife i’d Know just what to trim…..

  146. Bystander says:

    OMG, here was a legit job requirement. I think I will reply that I am qualified and my rate is $1k an hour.

    Develop a deal model/data structure that mirrors the asset finance securitization structure combined with transversal data blocks to support efficient interfacing, reporting and customizations

  147. Chicago says:

    Oops

  148. D-FENS says:

    No poops was right

  149. D-FENS says:

    Essex is not the worst. He’s better than bad he’s good.

  150. The Great Pumpkin says:

    No inventory for the biggest buyer bloc….millennials. They are looking for starters and there is almost nothing available. So take the low sales volume with a grain of salt.

  151. The Great Pumpkin says:

    Realtor.com’s Top Ten Entry-Level Luxury Markets Will Surprise You – Forbes Magazine
    https://apple.news/AnxXCYqx1RH62V9xIqCgzhA

  152. The Original NJ ExPat says:

    Millennials are picky, too. They don’t want to buy on busy streets.

    No inventory for the biggest buyer bloc….millennials. They are looking for starters and there is almost nothing available. So take the low sales volume with a grain of salt.

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