Your parents had it easy

Posted on April 18, 2018 by grim

From CNBC:

This entry was posted in Demographics, Economics. Bookmark the permalink.

103 Responses to Your parents had it easy

  1. Lurks McGee says:
    April 18, 2018 at 6:17 am

    Fristy

  2. Bloomberg News says:
    April 18, 2018 at 7:21 am

    The college tuition increase is brutal…paying that now for the kids.*
    I went to 1976 “new” Yankee Stadium home opener, I think I paid $6 for the first row “upper” box seat. Price increase there is crazy.

    Need the corresponding income (salary) numbers to compare.

    *both my wife had parents that did not pay for our college, so we had work-study internships that paid for that, so in a sense we paid our college and now we are paying for our kids..how did that happen!
    Thanks!

  3. D-FENS says:
    April 18, 2018 at 8:16 am

    My wife and I push school far more than sports with our kids. If there is a conflict, school wins. I need them to get grades that allows them to choose the school. It’s a shame but, Price is a huge factor.

  4. D-FENS says:
    April 18, 2018 at 8:19 am

    Housing, Rent, and Tuition. All have cheaply and plentiful government lending.

  5. D-FENS says:
    April 18, 2018 at 8:26 am

    Funny, this is the first time I’ve seen Mexico admit this…that China uses them to cheat the system, exploit NAFTA, and avoid US Tariffs.

    https://www.reuters.com/article/us-trade-nafta/nafta-meeting-on-tap-mexico-doesnt-want-to-be-used-to-elude-u-s-tariffs-idUSKBN1HN30P

  6. Californicator says:
    April 18, 2018 at 8:35 am

    Fascinating- college costs skyrocketed as degrees become common.

  7. Californicator says:
    April 18, 2018 at 8:36 am

    8:16 for most kids sports is a huge waste of time.

  8. Bloomberg News says:
    April 18, 2018 at 8:38 am

    Shampooers #1 NJ job….

    http://www.nj.com/data/2018/04/the_20_most_quintessential_nj_jobs_ranked_see_if_yours_made_the_list.html#incart_2box_nj-homepage-featured

    Shampooers were 554 percent more common in New Jersey than the rest of the nation. The job employed 2,380 residents in 2016 with a median wage of $19,440.

  9. Hold my beer says:
    April 18, 2018 at 8:44 am

    And people wonder why 28 year olds either live at home or have roommates.

  10. Hold my beer says:
    April 18, 2018 at 8:45 am

    Our federal taxes would have been 4K lower under the tax reform.

  11. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 8:48 am

    “8:16 for most kids sports is a huge waste of time.”

    Thinking your kid will defray your college costs. Yes. Building social constructs and learning how to cope with adversity. Sports are invaluable. Some kids are book smart. Some kids are athletic. Best to be both. My kid misses games for C’s. Only happened once. It’s a heck of an incentive. Also, there’s no touching glass out on the ice or pitch or field.

  12. Californicator says:
    April 18, 2018 at 8:57 am

    I don’t buy it.

  13. D-FENS says:
    April 18, 2018 at 9:21 am

    Is home-ownership more or less common?

    Californicator says:
    April 18, 2018 at 8:35 am
    Fascinating- college costs skyrocketed as degrees become common.

  14. Californicator says:
    April 18, 2018 at 9:23 am

    I’ve advocated “something” that draws kids to education and keeps them interested. Be it a social group, their studies, or the feeling of accomplishment. In my kid’s case it is theater. Can sports teach the things that you are advocating? Perhaps. But it’s more than likely a no. Either way here is a nice piece on kids who did sports: https://www.huffingtonpost.com/entry/11-student-athletes-on-what-they-learned-from-playing-college-sports_us_55cce90ae4b0cacb8d334e0f

  15. Californicator says:
    April 18, 2018 at 9:25 am

    9:21 Both are seen as status symbols among some thinkers…..

  16. Californicator says:
    April 18, 2018 at 9:31 am

    Oh and Gary, is THIS what you mean by ‘Maga’:

    The Congressional Budget Office last Monday released a report that for the first time officially projected the federal deficit rising to almost $1 trillion in 2019 and then staying at or well above that previously unfathomable level every year through 2028.

  17. LurksMcGee says:
    April 18, 2018 at 9:37 am

    I agree with Lib. Sports does provide really good life lessons towards discipline, success, and camaraderie when its a team effort.

    While this may sound like a joke, Comey even referenced Lebron James several times when addressing members of the FBI. The principles of success can be found anywhere, but sports is a great one. Not to mention, it also helps you stay healthy (barring injury).

  18. Phoenix says:
    April 18, 2018 at 9:39 am

    How did they miss gas pumpers? I had read that we are the ONLY state that requires a paid gas pumper.

  19. Californicator says:
    April 18, 2018 at 9:45 am

    9:37 team sports vs individual sports – or is that an anathema?

  20. LurksMcGee says:
    April 18, 2018 at 9:53 am

    I’m not the biggest fan of individual sports, but I think they have merit. Individual sports allow you to always compete with yourself – which a great recipe for ongoing success. A sprinter will constantly try to get a better time since they are completely reliant on their own efforts.

    I like team sports a bit more because our society functions more like it. Even in team efforts, you still have to test and challenge yourself to be better, but you also have the responsibility to a team to be better.

  21. Ottoman says:
    April 18, 2018 at 10:00 am

    Life expectancy has risen by 10 years since 1960. Significant changes in average lengths of lives always create new stages of existence. For example, 100 years ago there were no teenage years. You were a kid, then an adult. Hence marriage laws for 13 year olds. Also, most senior citizens were plant food. There’s no reason why many of the extra ten plus years people live won’t be added to their development years as opposed to extra working life or retirement. After all, human brains aren’t completely formed until age 26.

    Hold my beer says:
    April 18, 2018 at 8:44 am
    And people wonder why 28 year olds either live at home or have roommates.

  22. Ottoman says:
    April 18, 2018 at 10:03 am

    It is kinda nice to see people finally getting it that republicans and conservatives are just bullish!t artists who explode the deficit of purpose with tax cuts for rich people so they can cry poor and destroy social security and Medicare. Thanks Trump.

    Californicator says:
    April 18, 2018 at 9:31 am
    Oh and Gary, is THIS what you mean by ‘Maga’:

    The Congressional Budget Office last Monday released a report that for the first time officially projected the federal deficit rising to almost $1 trillion in 2019 and then staying at or well above that previously unfathomable level every year through 2028.

  23. Blue Ribbon Teacher says:
    April 18, 2018 at 10:14 am

    “Every offseason, I’ve read, he tries to find a part of his game to make better, which is crazy because he’s already better than everyone else,” Comey said. “It’s because he measures himself not against the others, but against himself.

    Comey couldn’t be more off. He lives in an alternate reality on all fronts. Lebron had to make himself better because he keeps losing. Dirk beat him even though Lebron stacked his team. Then, the Spurs literally wiped the floor with him. Golden State beat him but that was more a function of injuries to teammates. Then, Golden State beat him again. Lebron has to work to better his game because the reality is, it just wasn’t good enough to consistently win the title.

    Comey should have been referencing the Nets when talking about the FBI. Because I can’t think of a single organization that was handed things on a silver platter yet still dropped the ball.

  24. Mike S says:
    April 18, 2018 at 10:28 am

    Team sports are very important in terms of discipline and team work and leadership in some cases.

    I would also say in today’s day and age ‘eSports’ could also fulfill some of these same things.

  25. Grim says:
    April 18, 2018 at 10:30 am

    Sure sports are great, but budgeting for them like pro sports is not necessary.

  26. Hold my beer says:
    April 18, 2018 at 10:34 am

    Question for the board. If you start a YouTube channel based on a hobby, would you be able to deduct the mileage and cost of supplies and equipment used for your videos off your taxes, or would you wind up getting audited and doing a perp walk?

  27. Fast Eddie says:
    April 18, 2018 at 10:36 am

    The Congressional Budget Office last Monday released a report that for the first time officially projected the federal deficit rising to almost $1 trillion in 2019 and then staying at or well above that previously unfathomable level every year through 2028.

    As a function of the economy as a whole… makes sense. There’s more dollars in the private sector than the government; thus, the government is in a deficit. But again, it’s a function of the size of the economy and can’t be measured in a one to one basis. It’s not linear. Only a liberal mind thinks in linear terms.

  28. Grim says:
    April 18, 2018 at 10:42 am

    You can’t deduct more than you make in income.

  29. Mike S says:
    April 18, 2018 at 10:45 am

    Private lessons for sports are hugely a waste of time/money.
    Join the school team.
    Maybe go to a camp in the summer.
    Join a winter league.

  30. Grim says:
    April 18, 2018 at 10:50 am

    Was in San Dimas yesterday, didn’t get a chance to stop at the circle K.

  31. chicagofinance says:
    April 18, 2018 at 10:52 am

    Footage from Southwest Airlines accident
    https://youtu.be/-vD5dGVUKME?t=24s

  32. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 11:01 am

    “but budgeting for them like pro sports is not necessary.”

    Yes! My kid plays for a not-for profit (the most inexpensive one) hockey club. He had his first two semi private lessons ever and they weren’t really worth it IMO. I wanted him to do tier 1, which is twice as expensive and time-consuming, but he wanted to stay with his friends. So be it. I never force him to do anything he should be choosing himself. Whether it be advanced math/science, his choice of religion and especially, what sport to play. He really enjoys it and that’s what counts. Unfortunately, I get to sit through another year of undisciplined snowflakes taking dumb penalties and ruining ever potential win.

  33. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 11:03 am

    So last night we asked for best and final on our multi in Montclair from interested parties. It’s listed at 675K to drum up a bidding war. Anyone want to guess the final result?

    I’ll reveal it tonight.

  34. Fast Eddie says:
    April 18, 2018 at 11:11 am

    Lib,

    725K

  35. The Great Pumpkin says:
    April 18, 2018 at 11:13 am

    Ahh, so conservatives are finally lightening up to the idea that deficits are not as a big of a problem as they used to make it out to be? They were literally holding govt hostage on the basis of debt 6 years ago. Shutting down govt over a minor problem, and not a major one. In the end, who is that debt owed to? That’s the simple truth.

    Govt doesn’t hold money. It does not hold a penny, it’s impossible. It only acts as a transfer agent, which is needed for a capitalist economy to function properly in the long term. When a fiat based govt goes into “debt,” it simply is putting more money into the hands of the economy.

    That’s why when the economy crashes, or goes into recession, govt spending should be turned up and taxes lowered. When the economy is running hot, taxes should be raised and govt spending lowered.

    Too bad this is far too complicated for the majority of people making decisions to understand.

    “As a function of the economy as a whole… makes sense. There’s more dollars in the private sector than the government; thus, the government is in a deficit. But again, it’s a function of the size of the economy and can’t be measured in a one to one basis. It’s not linear. Only a liberal mind thinks in linear terms.”

  36. The Great Pumpkin says:
    April 18, 2018 at 11:17 am

    Pensions and social security are very much sustainable models. Problem comes from people not understanding how these models work. Simply, they are safety nets put in place that require the young to finance the old. Of course these models seem unsustainable when you have a huge population of older people in comparison to young workers. This is the only problem with social security and pensions we are embarking on today. Not because they are too generous with benefits, but because you have a huge chunk of old people being supported by a smaller group of young. The system will balance itself out in the long run.

  37. Blue Ribbon Teacher says:
    April 18, 2018 at 11:24 am

    Question for the board. If you start a YouTube channel based on a hobby, would you be able to deduct the mileage and cost of supplies and equipment used for your videos off your taxes, or would you wind up getting audited and doing a perp walk?

    I would assume you would have to form an llc and you could only deduct from that income.

  38. LurksMcGee says:
    April 18, 2018 at 11:32 am

    Lib,

    What’s the address so I can make an informed guess? I want the prize of changing my name to “Real Estate Nostradamus”

  39. LurksMcGee says:
    April 18, 2018 at 11:42 am

    Nvm, zillow let me find it within those price and location parameters.

  40. Fast Eddie says:
    April 18, 2018 at 11:44 am

    Debt and deficit is two different things.

  41. LurksMcGee says:
    April 18, 2018 at 11:54 am

    I think the best and final comes in at 715.5 – BOOK IT!

    Also, I remember dating a girl who had a basement apartment on Walnut st back in 2006. Boy was I dumb then.

  42. The Great Pumpkin says:
    April 18, 2018 at 11:56 am

    Yes, just like household debt and govt debt are two different things and should not be thought of in the same context.

  43. The Great Pumpkin says:
    April 18, 2018 at 11:58 am

    Lib,

    How much rent does it produce and are current buyers using it as home or investment property? That makes the prediction much easier. Lol

    I’m going with 730,000 with no information. If it’s an overbid, it’s prob because someone will live there and rent out the other apartment to supplement mortgage.

  44. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 11:59 am

    Price is Right rules are in affect!

  45. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 12:02 pm

    Currently generates $2675 downstairs and $1975 upstairs.

    That’s all I’m willing to share.

  46. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 12:03 pm

    Tenants pay heat and electric. I cover sewer and water (which is insanely pricey).

  47. The Great Pumpkin says:
    April 18, 2018 at 12:04 pm

    Lol let me change my original as not to go over …709,000

  48. Californicator says:
    April 18, 2018 at 12:10 pm

    Man, you guys have gotten the shittyest weather this season. Did Not Miss.

  50. Topper says:
    April 18, 2018 at 12:32 pm

    Lib,
    $704K

  51. Mike S says:
    April 18, 2018 at 12:37 pm

    710001

  52. Topper says:
    April 18, 2018 at 12:59 pm

    Yea … have to agree that sports, whether team or individual, does good. Also agree that paying for private lessons, etc. are crazy. I understand the pressure with nearly everyone else doing privates, sports camps, speed/agility, etc. – much like the college academic competition (college prep courses, private tutors, admission/extra curricular counseling, etc.) and where a parent feels do I need to do this for my child…. Like the young soccer phenom (think in his teens and in the pros?) and his parents said they didn’t spend a penny on private training. People are born with natural talent – whether that’s in athletics or smarts. Yea, one could probably bump up a level at most spending crazy money – so maybe from travel to club; a 100-200 points in SAT – but, natural talent will always win out. Admittedly I sent my kids for some training and college prep too – but it was de minimis – when they were learning the sport and school/town sponsored SAT prep courses.

    In terms of Comey’s LeBron reference – I took that as those that where they are (at the top) are there for a reason – perseverance, hard work, and the unwavering desire to improve their game. It’s like the fittest person grappling to whether to add a couple of grapes whereas the overweight slouch ordering a meal with double fries and a jumbo sugared soda. The Intel science/National Super Honor Society kid digging deep wanting to find out why he got a half point off for his logic and the C- kid chucking aside his 65, putting his feet up on his desk and pulling up YouTube on his phone.

    I am willing to bet LeBron never had a private lesson in his life. Nor Michael. But they did work hard with the talent that they born with. Plenty of folks born with natural talent that we never hear from.

  53. JCer says:
    April 18, 2018 at 1:05 pm

    I’m going with a “sucker” who is going to live there who “fell in love” with the property offers 743k as best bid just inside 75k over ask.

  55. The Great Pumpkin says:
    April 18, 2018 at 1:13 pm

    Jcer,

    That’s the big question. Will they be living there? That drives up the price. They will look at it as getting to live in Montclair with the mortgage being supplemented by rent. Who knows how high this mindset will drive the price up.

    Good luck getting a multi family in a nice town to generate passive income.

  56. D-FENS says:
    April 18, 2018 at 1:21 pm

    I love how the proposed Andover Station isn’t even on that map. Shows how much confidence anyone has in that project ever being completed.

  58. Californicator says:
    April 18, 2018 at 1:25 pm

    $719

  59. Californicator says:
    April 18, 2018 at 1:26 pm

    Sports vs being active –

  60. chicagofinance says:
    April 18, 2018 at 1:34 pm

    SX: makes sense since obviously demand has increased….

    Californicator says:
    April 18, 2018 at 8:35 am
    Fascinating- college costs skyrocketed as degrees become common.

  61. No One says:
    April 18, 2018 at 1:41 pm

    Libturd,
    You’ve GOT to read the WSJ article about the downfall of the Podesta Group lobbying firm. Summary: friend of Hillary becomes top lobbying firm indirectly selling access, Tony Podesta blows through tens, perhaps hundreds of millions on houses, crap modern art, and divorces anticipating the even bigger President Hillary paydays to come, and when it doesn’t, lobbying revenues crash, and firm falls apart.

    “How Tony Podesta, a Washington Power Broker, Lost It All
    The Democratic lobbyist had money, connections and a rarified art collection. Then came a divorce, Paul Manafort and Donald Trump, and his world came crashing down”
    …
    “He spent most of the fall traveling the world. He returned to the U.S. on Election Day but skipped Mrs. Clinton’s campaign party. Her victory would go a long way to fixing many of his problems. She lost that night, and Mr. Podesta, like many who had banked on her victory, did too.

    Clients who had hired him for access to a new Clinton administration fell away. By the end of the year, the departures cost the firm more than $10 million in annual business, according an internal Podesta Group accounting viewed by The Wall Street Journal.”

  62. chicagofinance says:
    April 18, 2018 at 1:43 pm

    My son is playing a sh!tload of basketball….. putting aside all of the life lessons, building maturity, focus etc…. it is also giving him a great social skill….. he will be able to play pickup anywhere…… instant friends….. so many different possibilities…. move into a new neighborhood… instant friends…. join a frat/social club/bar team…. whatever…. excuse to stay in shape……

    Californicator says:
    April 18, 2018 at 9:23 am
    I’ve advocated “something” that draws kids to education and keeps them interested. Be it a social group, their studies, or the feeling of accomplishment. In my kid’s case it is theater. Can sports teach the things that you are advocating? Perhaps. But it’s more than likely a no.

  63. 3b says:
    April 18, 2018 at 1:56 pm

    Lib was it you or grim that had the Polish guy that does all sorts of home improvement projects?

  64. Hold my beer says:
    April 18, 2018 at 2:00 pm

    Libturd

    783k. No inspection

  65. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 2:09 pm

    My polish guy does gutters. Probably Grim’s.

  67. 3b says:
    April 18, 2018 at 2:15 pm

    Thanks Lib.

  69. 3b says:
    April 18, 2018 at 3:01 pm

    Any thoughts on how much a 12×20 deck , pressure teated lumber should cost? 12 inches off the ground, no railings.

  70. Yo! says:
    April 18, 2018 at 3:08 pm

    Eli finally sold his Hoboken apartment. Price was $3,550,009.

  72. LurksMcGee says:
    April 18, 2018 at 3:30 pm

    Topper,

    If you haven’t, you should check out a documentary on Lenny Cooke. The guy that was supposed to be the Lebron James before Lebron. Epitome of wasted talent, especially when you see him actually play against Lebron James in a tournament and almost treat Carmelo Anthony like he’s a bit beneath him.

    Saddest part is when he’s fat, in a double wide, watching Lebron on TV and his son says Lebron is his favorite player. Gut-wrenching.

  73. LurksMcGee says:
    April 18, 2018 at 3:30 pm

    ChicagoFinance,

    I completely agree. Basketball is one of this easiest social sports to quickly make friends. I’ve made plenty.

  74. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 18, 2018 at 4:20 pm

    I used to ball at the Boys Club in Jersey City. I was a designated passer. Competition there was tough.

  75. Very Stable Genius says:
    April 18, 2018 at 6:28 pm

    @CharlesMBlow

    How the HELL is Sean Hannity simultaneously claiming that Michael Cohen was not his attorney BUT that he assumed their conversations were covered by attorney/client privilege?!!!

  76. Leftwing says:
    April 18, 2018 at 7:42 pm

    Lib, MHC?

  77. The Original NJ ExPat says:
    April 18, 2018 at 7:49 pm

    I think the college numbers for the ’80’s may be apples and oranges in the lead article. The tuition numbers may be in the right ballpark, but who commutes to a private college?

    The tuition at state schools used to be nearly trivial, but you needed to triple that number for the “all-in” cost of actually “going away” to college. At private colleges the mark-up was huge in tuition but the nominal add-on to live in a dorm and have a meal plan was comparable to state schools, at least back then.

  78. Lurks McGee says:
    April 18, 2018 at 7:56 pm

    Showcase showdown?

  79. The Original NJ ExPat says:
    April 18, 2018 at 8:11 pm

    Lib – I’ll bet you are looking forward to only doing maintenance on your own house. Congrats!

  80. Topper says:
    April 18, 2018 at 9:07 pm

    Lurks – I think I may have seen it. Also, another one with either “Goat” as the character or Goat Park in Harlem. BTW, I once went to visit one of my college buddies in Harlem and ended playing some ball there. Couldn’t even get a handshake or a look in the eye when I walked on to the court (not the right color I suppose) and, of course, was picked last. At the end of the first game, guys came up to shake my hand. Then, got picked first for the next game. Another reason that sports, and basketball especially as ChiFi mentioned, is a good game to know. Darts are also good by the way – especially these days at my age.

  81. Topper says:
    April 18, 2018 at 9:11 pm

    BTW, we are talking Harlem well over 30+ years ago … so it ain’t the hip Harlem we are talking these days. If you weren’t a brother, you didn’t go there.

  82. common says:
    April 18, 2018 at 9:16 pm

    Showdown? Mandarins to apples – common core anyone?

    http://www.sixthtone.com/news/1002094/one-belt%2C-one-road%2C-one-abacus

  83. Fabius Maximus says:
    April 18, 2018 at 9:55 pm

    I think this last line should be “Stand proudly, Gary!”

    https://twitter.com/jefftiedrich/status/986739808306331655

  84. The Great Pumpkin says:
    April 19, 2018 at 7:57 am

    Yes, so much for that bs line by the owner of the land on rt 23 that Whole Foods turned down Wayne due to not enough college graduates in the demographics. Scumbag.

    https://patch.com/new-jersey/wayne/whole-foods-opening-wayne-valley-road?utm_source=newsletter-daily&utm_medium=email&utm_term=business&utm_campaign=newsletter&utm_content=article-topstories&utm_slot=1

  85. The Great Pumpkin says:
    April 19, 2018 at 8:00 am

    Is the U.S. Shale Boom Hitting a Bottleneck? – The Wall Street Journal
    https://apple.news/AHz5okAxvQ0igAzmiFZb2Gw

  86. nwnj says:
    April 19, 2018 at 8:15 am

    Anyone see Murphy ‘s defense of nj’s business climate vs tx? If there was ever a warning to stay away, this is it. He can’t believe that people who run businesses care about this shlt.


    “It’s simple,” Murphy writes. “If you’d like to be part of an economic revival in a state that recognizes the value of investments in public education, creates welcoming communities that protect LGBTQ residents and immigrants, defends a woman’s right to reproductive health care, then New Jersey is the place for you or your business.”

  87. Blue Ribbon Teacher says:
    April 19, 2018 at 8:20 am

    He’s already claiming investments in public education. That didn’t happen.

  88. grim says:
    April 19, 2018 at 8:31 am

    Provo, Utah.

    Very odd.

  89. grim says:
    April 19, 2018 at 8:32 am

    The Whole Foods location on Valley is better since it’s got better population mass within a very short distance.

    So Wayne has a Trader Joes, Whole Foods, and 4 Starbucks (not including the one inside Willowbrook).

    We’re cooler than Montclair with numbers like that.

  90. Lurks McGee says:
    April 19, 2018 at 8:52 am

    Lib,

    What was the best and final?

  91. The Great Pumpkin says:
    April 19, 2018 at 8:57 am

    Sounds pretty on point to me. What Murphy is describing is the future. If you don’t invest in education, and at the same time provide an inviting hand to immigrants and gays, you are dead. Immigrants and gays provide an economic punch that no economy can live without. Also embracing women is a must, they have a higher percentage of college graduates than men, so it would be wise to throw some bones to this population.

    As for the Texas governor, what does it say about a Texas governor advertising a recruitment scheme in nj media papers? What’s a matter, your education system sucks and can’t produce enough educated individuals, so you must recruit from states that actually pay for education?

    Nj should start charging these states that don’t invest in their education system and resort to stealing educated individuals from states that do. It’s wrong, esp when they claim low tax and low cost state due to lack of education funding. Criminals.

    nwnj says:
    April 19, 2018 at 8:15 am
    Anyone see Murphy ‘s defense of nj’s business climate vs tx? If there was ever a warning to stay away, this is it. He can’t believe that people who run businesses care about this shlt.

    “It’s simple,” Murphy writes. “If you’d like to be part of an economic revival in a state that recognizes the value of investments in public education, creates welcoming communities that protect LGBTQ residents and immigrants, defends a woman’s right to reproductive health care, then New Jersey is the place for you or your business.”

  92. The Great Pumpkin says:
    April 19, 2018 at 8:59 am

    Grim,

    Agreed.

  93. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 19, 2018 at 9:04 am

    Left,

    Yup. Another year of torture, but I’m slightly optimistic. They moved the defenseman who sucked and took all of the bad penalties to offense. Now that there is hitting this year, hopefully his PIM will drop. Then, they dropped the second PIM leader all the way down to the B team. From AA down to B is rough. Couldn’t say he didn’t deserve it. Our best player, but most toxic, moved to AAA Lanche. So the only real head case left is the goalie (the c0aches kid) and he has a backup it looks like. I would think the advent of hitting would force the couple of puck hogs left to pass or be hammered. So I’m mildly looking forward to Gator Jr’s A minor season. We will also have a new team manager, so this should improve the comraderie among the parents. I’ve been insanely on target with preseason predictions. Last year I predicted our first place finish but drubbing in the playoffs. With our maturity level way up and our top scorer gone, I am predicting 2nd place North regular season, but NJ Champs in the playoffs.

  94. The Great Pumpkin says:
    April 19, 2018 at 9:08 am

    And if you don’t see the nj revival coming, you are blind.

    Texas had its run up on cheap costs (mainly cheap housing to be precise). They are not cheap anymore in the places people want to live in Texas. Without houses hundreds of thousands cheaper, wtf is the draw? The fire ants and extreme heat? Hell, the Mexican labor is not even cheap there anymore, what is the draw? How much of their economic boom was built upon a construction boom?

    Their day is ending, while nj’s is beginning. If you wanted a piece of Texas boom, you had to get there 10 years ago. Now only the suckers are marching in and will be left with the feeling of regret in time.

    Nj is right where I want to be. It’s the cheapest location in the nyc metro area, and that’s perfect. It’s been down for a while and now has nowhere to go, but up. It’s inevitable. Places like Newark will now become huge extensions of NYC as nyc economy spreads wider as it continues to grow and search out cheaper pockets to expand in.

    Good times ahead for this area.

  95. Fast Eddie says:
    April 19, 2018 at 9:16 am

    “It’s simple,” Murphy writes. “If you’d like to be part of an economic revival in a state that recognizes the value of investments in public education, creates welcoming communities that protect LGBTQ residents and immigrants, defends a woman’s right to reproductive health care, then New Jersey is the place for you or your business.

    This amazing. I’m speechless that anyone who works for a living voted for this guy. Guys like him and Di Blasio seem so bitter and resentful. They represent a class and a mindset that is searching for a purpose. What business owner or entrepreneur thinks in this manner? I can’t comprehend the thought pattern of these people.

    What does “investment in education” mean? It starts in the home… with a parent or guardian guiding, teaching and instilling an ethic. Who depends on a government ideology for success in ones personal life?

  96. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 19, 2018 at 9:18 am

    Someone should have bid $1.

    After a very exciting first couple of days, with tons of interest and one verbal commit at $740K with a waived inspection (besides structural) and no mortgage contingency. We ended up with zero offers! There was another verbal offer yesterday at 670, but it’s short of my line in the sand. Grim and I was right. There is zero demand for multi-families without 4 units minimum. And the boiler is BRAND NEW! Realtor will try one more week and then it’s back to making money off of it. I am not disappointed in the least. In seven years, she’ll be paid off completely by the tenants (220K left). By then, the after effects of the Murphy term should have worn off. I also like having some of my wealth tied up in RE, rather than too much in the market. Currently, it’s near an even split.

    Ultimately, what we’ll probably do, is start shining this turd little by little, for an eventual sale in the early 2020s.

  97. nwnj says:
    April 19, 2018 at 9:23 am

    What Murphy calls investing I would call institutionalizing. He wants
    The state to perform parenting functions. He also wants to legislate student success rates, a policy guaranteed to fail while wasting billions more in the process.

    Predictably his platform looks to be dead on arrival which is why he went for his social engineering quick wins early on.

  98. chicagofinance says:
    April 19, 2018 at 9:24 am

    No one wanted it?

  99. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 19, 2018 at 9:28 am

    Yup. No bids.

  100. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 19, 2018 at 9:29 am

    And don’t send in a low ball to be funny.

  101. No One says:
    April 19, 2018 at 9:36 am

    Leftist propaganda translation:
    All government spending = “investment”
    used in a phrase: “we are investing in the future of our children” [by building and expanding massively inefficient and ineffective bureaucracies]
    Any reduction in taxes on productive citizens = “spending”
    used in a phrase: “we cannot afford to spend our state’s precious resources on tax breaks for the rich” [such as by moving NJ taxation down toward national averages from its top 5 position]

  102. Libturd questioning the gender of Hillary's Cankle fluid. says:
    April 19, 2018 at 9:42 am

    New thread. Grim steals my thunder again.

  103. The Great Pumpkin says:
    April 19, 2018 at 10:25 am

    Why is business your only focus? People in the society don’t matter? Quality of life doesn’t matter, only what’s good for business?

    Seriously hate this type of mindset.

    “This amazing. I’m speechless that anyone who works for a living voted for this guy. Guys like him and Di Blasio seem so bitter and resentful. They represent a class and a mindset that is searching for a purpose. What business owner or entrepreneur thinks in this manner? I can’t comprehend the thought pattern of these people.”

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