NJ Population Growth & Decline Visualized

Posted on June 4, 2018 by grim

From the Star Ledger:

This county is booming, but most Shore areas haven’t recovered their mojo. Here’s the breakdown

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

196 Responses to NJ Population Growth & Decline Visualized

  1. grim says:
    June 4, 2018 at 6:38 am

    The spotty section in the middle of Northern NJ is mostly Morris County, little bit of western Essex, and northern Somerset.

  2. D-FENS says:
    June 4, 2018 at 8:50 am

    Well, this is by design. The Highlands act was supposed to discourage expansion and growth in those areas.

  3. Fast Eddie says:
    June 4, 2018 at 8:58 am

    I don’t get the Monmouth County malaise. Ocean County is like being in the hills of Arkansas. We had a second home in OC for years and then my first home was purchased there but after two years living there year round, I was going insane. It’s honky tonk he11. But Monmouth is like a whole different world, it’s a beautiful county from the sea inland.

  4. Hold my beer says:
    June 4, 2018 at 9:18 am

    Fast

    You didn’t like OC? Why not? Do you have too many teeth and not enough tattoos?

  5. grim says:
    June 4, 2018 at 9:18 am

    Well, this is by design. The Highlands act was supposed to discourage expansion and growth in those areas.

    So the foreclosures were part of the plan?

  6. Yo! says:
    June 4, 2018 at 9:20 am

    Suburban New York City that boomed from the 1950s to 1970s are struggling today. Local job markets are weak, the commute to New York City is long, and land use decisions are dominated by NIMBYs who prevent new housing from getting built. Monmouth is one of these counties. Same thing going on in Suffolk County.

  7. grim says:
    June 4, 2018 at 9:30 am

    and land use decisions are dominated by NIMBYs who prevent new housing from getting built.

    Ding ding ding. 3 factors.

    Household size is shrinking, with a fixed number of housing units, that means population declines. Housing stock that is not attractive to younger demographics, probably playing into the retire-in-place theory, and the smaller household sizes.

    Retiring in place, along with aging population, means effective household size is shrinking even faster, thus population declines.

    Anti-development stance, housing units are not increasing enough to even counteract the shrinking household size, let alone new population growth.

  8. Not PumpkinVomit says:
    June 4, 2018 at 9:34 am

    2 things,

    King Trump just said he has the power to pardon himself. That’s why I predict a lot of the investigation’s sting will move to State’s Attorney Generals. I predict a New Jersey Trooper, along with NY State Troopers will be one of those making the arrest when the time comes.

    For those de-regulatosrs. See NY “Fake” Times for – Reagan, Deregulation and America’s Exceptional Rise in Health Care Costs article

  9. Very Stable Genius says:
    June 4, 2018 at 9:34 am

    @nytimes

    Breaking News:

    President Trump said he had the power to pardon himself.
    It’s a sign that he could take extreme action to shield himself in the Russia inquiry.

  10. Very Stable Genius says:
    June 4, 2018 at 9:36 am

    @CharlesMBlow

    I strongly believe that we are heading towards some sort of crisis with Trump and this Russia investigation.

    Either he will be brought down by the system or he will bring the whole system down.

    This is not going to be pretty.

  11. grim says:
    June 4, 2018 at 9:44 am

    President Trump said he had the power to pardon himself.

    Jesus, don’t you guys get it yet?

    What, other than this, is actually going on this week, which Trump wants ignored.

  12. Not PumpkinVomit says:
    June 4, 2018 at 9:46 am

    Grim,

    That’s the point of Sweeney’s move. To quote Monty Python – No one expects the Spanish Inquisition.

    County Districts with the goodies (service provided + political jobs) of Abbott Schools + lower cost + wide berth for Charter/Academies schools makes everyone fat cat happy.

    grim says:
    June 4, 2018 at 6:03 am

    County schools in N.J.?

    Never happen.

    Redistricting in a town is political suicide.

  13. grim says:
    June 4, 2018 at 9:47 am

    I bet $5 the plan is to setup county schools in parallel with local school districts.

  14. LurksMcGee says:
    June 4, 2018 at 9:47 am

    “Lakewood in Ocean County had the biggest percent change of the 25 largest municipalities in New Jersey. The town is well-known for its high fertility rate and its young population, where the median age is only 20”

    That’s putting it delicately.

  15. grim says:
    June 4, 2018 at 9:48 am

    More spending, more bureaucracy, more boards, more appointees.

  16. D-FENS says:
    June 4, 2018 at 10:11 am

    I wouldn’t put it past Jeff Tittel

    grim says:
    June 4, 2018 at 9:18 am
    Well, this is by design. The Highlands act was supposed to discourage expansion and growth in those areas.

    So the foreclosures were part of the plan?

  17. 3b says:
    June 4, 2018 at 10:15 am

    County schools? Yes and we will then see just how liberal and progressive Bergen County really is….. not.

  18. grim says:
    June 4, 2018 at 10:16 am

    Jeff’s already got his mansion in the woods so fck everyone else.

  19. chicagofinance says:
    June 4, 2018 at 10:21 am

    For lack of a better way to describe it, Monmouth is a bedroom/vacation community. The only upwardly mobile types are in Fair Haven…. it is walkable with a pseudo-downtown…… Red Bank sort of….. I do think Bell Works will help, because the signs on the NJTP and GSP are so prominent. Anyone coming down the shore for the summer is going to want to check it out…… especially if they are stuck in traffic at Exit 114 and they are hungry or need to take a piss…..

    Yo! says:
    June 4, 2018 at 9:20 am
    Suburban New York City that boomed from the 1950s to 1970s are struggling today. Local job markets are weak, the commute to New York City is long, and land use decisions are dominated by NIMBYs who prevent new housing from getting built. Monmouth is one of these counties. Same thing going on in Suffolk County.

  20. Hold my beer says:
    June 4, 2018 at 10:26 am

    I thought bell works wanted 700 townhouses to be built and holmdel said no.

  21. Hold my beer says:
    June 4, 2018 at 10:30 am

    Trump’s comments are purely distractions to get people all riled up and miss other news stories. Like How I distract my paranoid cat with a laser light when I need to catch him and bring him to the vet.

  22. LurksMcGee says:
    June 4, 2018 at 10:36 am

    Chi-fi,

    Define upwardly mobile. I’m only curious because I would imagine there are more communities than the one you describe in Monmouth but I’m not sure.

  23. Fast Eddie says:
    June 4, 2018 at 10:38 am

    You all listed the reasons why Monmouth is shrinking but then, why is Ocean growing? It’s further away and void of culture and jobs.

  24. Fast Eddie says:
    June 4, 2018 at 10:40 am

    What, other than this, is actually going on this week, which Trump wants ignored.

    What is it?

  25. LurksMcGee says:
    June 4, 2018 at 10:43 am

    Eddie,

    The Hasidic Jewish community is responsible for the growth in Ocean County via Lakewood. Families of 10 have been growing at breakneck speed.

  26. Fast Eddie says:
    June 4, 2018 at 10:46 am

    By the way, I’m 250 plus pages into “Atlas Shrugged” and there’s two thing that stand out so far:

    1) Liberals mistake expediency for actual facts
    2) To a liberal, the word “free” means to take and to the more sober mind, the word “free” means the ability to produce without meddle.

  27. Fast Eddie says:
    June 4, 2018 at 10:49 am

    should read: expediency as actual facts

  28. yome says:
    June 4, 2018 at 11:09 am

    This could be settled by the Courts.
    He probably have the power to pardon himself but then an opposition will take him to Court.
    He will be out of office by the time this is heard.It could take years before it will be settled.

    “President Trump said he had the power to pardon himself.”

  29. Juice Box says:
    June 4, 2018 at 11:23 am

    re: Sweeney

    School districts reorganized and centralized around the county level? There would need to be something that would be bulletproof to the lawsuits. A new jersey constitutional convention would probably have to happen end home rule and break up the districts.

  30. 3b says:
    June 4, 2018 at 11:28 am

    Juice towns don’t want to regionalize with towns that have lots of apartments such as River Edge and Oradell, or Westwood and Washington Township. Although with all the rental apartments being built in Bergen County that may lessen. But then it will be which town has more apartments.

  31. Ottoman says:
    June 4, 2018 at 12:04 pm

    Here are the two things that stand out most about Atlas Shrugged:

    1. It was written by a moron.
    2. It only makes sense to other morons.

    Fast Eddie says:
    June 4, 2018 at 10:46 am
    By the way, I’m 250 plus pages into “Atlas Shrugged” and there’s two thing that stand out so far:

    1) Liberals mistake expediency for actual facts
    2) To a liberal, the word “free” means to take and to the more sober mind, the word “free” means the ability to produce without meddle.

  32. Ottoman says:
    June 4, 2018 at 12:07 pm

    There are tons of developable parcels in the Highlands. Development is actually encouraged along and around existing infrastructure.

    Also, plenty of towns in Somerset, Hunterdon, Warren and Morris already had 5-15 acre zoning laws prior to the Highlands.

    D-FENS says:
    June 4, 2018 at 8:50 am
    Well, this is by design. The Highlands act was supposed to discourage expansion and growth in those areas.

  33. Ottoman says:
    June 4, 2018 at 12:09 pm

    Melania’s face has been rearranged.

    Fast Eddie says:
    June 4, 2018 at 10:40 am
    What, other than this, is actually going on this week, which Trump wants ignored.

    What is it?

  34. No One says:
    June 4, 2018 at 12:29 pm

    Ottoman,
    Displaying the similar lack of insight into Atlas Shrugged as you do for most things.
    Is there something you actually do understand or do well, or do you just exist for the sake of hating?
    What books are you willing to back and recommend to the group for insights?

  35. Fast Eddie says:
    June 4, 2018 at 12:31 pm

    What books are you willing to back and recommend to the group for insights?

    Expect no response.

  36. joyce says:
    June 4, 2018 at 12:35 pm

    Doesn’t matter the question. Ottoman has never responded to anyone’s questions ever.

  37. leftwing says:
    June 4, 2018 at 12:39 pm

    Re: Trump and the pardon comment, nothing to see. All part of a coordinated message to Mueller to wrap things up.

    Last week, with the pardons/commutations of others the message to investigation participants was I’ve got your back; message to Mueller was they’ve said what they’re going to.

    This week’s message to Mueller is “nothing from me”. Giuliani is out there with the pardon, there was the ‘leak’ putting the legal argument out there, the WH Press was banging away with “1.4 million docs provided, hundreds of interviews, nothing new the President can tell you”.

    All this is noise for the populace, but a message to Mueller to wrap it up and that, no, Trump won’t be testifying and you won’t subpoena him.

  38. Fast Eddie says:
    June 4, 2018 at 1:04 pm

    Maybe they can resurrect a Stormy Daniels story again.

  39. Juice Box says:
    June 4, 2018 at 1:11 pm

    Now that there are loads of Melania truthers all over the media today is just good way to summarize how absolutely insane and incompetent the “resistance” groups funded by Hillary Clinton and others organizing on the actually are. Do they even have a chance in the mid-terms?

  40. Yo! says:
    June 4, 2018 at 1:17 pm

    “Cruz is an alcoholic with a sixth grade education who is not fluent in English and suffers from an illness that alters his judgement and comprehension.”

    This Cruz guy might not have a fancy resume but be is the smartest homebuyer in NJ history. Signed contract in to sell house he bought for $5,500 to developer for $700,000. This happened in 2015. Now the house is last piece of an assemblage and he is pressuring developer to pay millions.

    http://www.nj.com/hudson/index.ssf/2018/06/lawsuit_details_dispute_between_developer_homeowne.html

  41. The Original NJ ExPat says:
    June 4, 2018 at 1:54 pm

    Good. This case never made any sense to me. It’s not like you’re selling some generic food product and you refuse to serve someone. This, in my mind, was “I, the customer, can force you to do whatever the fu.ck I want you to do.”

    No.
    You can’t.

    The Supreme Court has ruled in favor of a Colorado baker who refused to bake a cake for a gay wedding over religious reasons. In a landmark 7-2 ruling (Ruth Bader Ginsburg and Sonia Sotomayor against), the Court found that the decision by Jack Philips of Masterpiece Cakeshop to refuse the same-sex couple’s request is protected under the first amendment.

    https://www.zerohedge.com/news/2018-06-04/scotus-overturns-case-against-gay-biased-baker

    How far would this case have gotten if it was a Muslim bakery? If it got to the SCOTUS you know it would have been 9-0 instead of 7-2.

  42. The Original NJ ExPat says:
    June 4, 2018 at 2:01 pm

    Methinks that iceberg is thawing ….right….now.

    Retiring in place

  43. The Original NJ ExPat says:
    June 4, 2018 at 2:07 pm

    New Jersey is going to turn into El Salvador. 1/3 of the residents born in NJ will pick up and move to the USA.

  45. The Original NJ ExPat says:
    June 4, 2018 at 2:13 pm

    I think vindictive Hillary was setting the table to lock HIM up after she took office and everything since then is corrupt chickens with their heads cut off trying to repurpose and bury their plan that they accidentally left on the table.

  46. The Original NJ ExPat says:
    June 4, 2018 at 2:16 pm

    What else would they use a FISA warrant for that wasn’t gotten until October 28th (and renewed quarterly three more times)?

  47. JCer says:
    June 4, 2018 at 2:20 pm

    Ottomon you really need to check your reading comprehension as well as your ability to understand differing viewpoints and perspectives. The extremes in Atlas Shrugged, the almost one dimensional characters are designed to make a point and successfully meet their goal of highlighting the dangers of communism to even the most feeble minded person.

    One needs to read this book with the understanding that it was written by someone who personally experienced communism. The book isn’t intended to reflect a reality that could exist but rather should be viewed like a parable. Radical forces for the last hundred years have attacked the producer class, the traditional family unit, etc and the people who view it as harmless do not make a clear distinction and will accept communism with open arms before realizing what they have agreed to.(Here’s a hint communism only comes at the barrel of a gun it is never democratically voted in, the have’s will not willingly surrender their hard earned money and possessions…) When they come to take your land you’ll realize the error in your thought process.

  48. nwnj says:
    June 4, 2018 at 2:26 pm

    As far as I’m concerned mueller is over. The thing was compromised from the beginning and he’s come up with nothing. It’s click bait for mor0ns at this point.

    The next shoe to drop is McCabe being indicted. I think helll sing and flush out whatever detris remains from oblama. Let the show begin.

  49. Californicator says:
    June 4, 2018 at 3:03 pm

    U retards don’t need a reading list….

    U need a frontal lobotomy

  50. The Great Pumpkin says:
    June 4, 2018 at 3:20 pm

    I’d argue that the last 50 years have been quite the opposite. Radicals from the producer class have been in an all out attack on the working class. They have almost destroyed unions to the point of extinction. They have pushed the worker into a corner, and the election of Trump is evidence of that.

    “Radical forces for the last hundred years have attacked the producer class,”

  51. Blue Ribbon Teacher says:
    June 4, 2018 at 3:52 pm

    If you can’t see the reduction of economic borders being the primary cause behind this, you are blind.

  52. Not Yo yo says:
    June 4, 2018 at 4:14 pm

    Read the article, that Cruz guy will likely have an “incident”.

    Peter Mocco, along with Arthur Imperatore (Weehawken waterfront and before that APA trucking – the ONLY NJ trucking company not unionized by teamsters UNTIL after the teamsters were taking over by federal court trustee in late 90’s.) were the Deutsche Bank and Donald Trump of Russian mob to the Italian mob.

    Was mayor of North Bergen, approved a lot of development – always in Feds radar. He developed a shopping center 495 & KB back in the 90’s, when things went sour because of apartment he built – up in flames it went, rebuilt as all commercial.

  53. No One says:
    June 4, 2018 at 4:16 pm

    Moving to California appears to have provided you with a non-surgical lobotomy, Cali.

    At least my direct question caused Ottoman to retreat to his crypt.

  54. The Great Pumpkin says:
    June 4, 2018 at 4:20 pm

    Blue,

    If you can’t see the obsession and adddiction to short term profit over everything else, you are blind.

    What do borders have to do with the push to destroy unions in this country? What do borders have to do with an obsession with ultra low wages? An obsession so strong, they sold out the manufacturing capabilities of this country. Boarders have nothing to do with this. Greed and power do.

  55. The Original NJ ExPat says:
    June 4, 2018 at 4:20 pm

    He had to give up his hog for a girl’s car too, so maybe Californibator has had a chemical castration too.

  56. JCer says:
    June 4, 2018 at 4:54 pm

    Mocco and Imperatore are mob in everything other than name(Mocco’s family was in the garbage business if I recall corectly). Both are hooked into criminal elements of the Hudson county democratic machine. That guy Cruz should tread carefully, should the legal avenues not yield a good result I could see things taking a turn south.

    Pumpkin, don’t conflate economic forces and greed with the more nuanced marxist attacks against people who do well. Yes the workers have been under assault but the reasoning isn’t political. When you look at sowing the seeds of discord, and you see identity politics(race, economic, etc) the desire is to weaken the resistance to communism. If you view the current day through the lens of the 1920’s-30’s, the parallels are stark, people are being divided. When the next collapse occurs communists will be back trying to gain power.

  57. The Great Pumpkin says:
    June 4, 2018 at 5:20 pm

    That’s what scares the living crap out of me with this income inequality. Not once in the history of society, have we escaped the destruction of income inequality. It has always ended badly. Why we are trying to go down this road again is beyond me, it’s pure madness to do this over and over again. It doesn’t have to be this way with the amount of technology and resources we have, but I guess we will never learn.

    “Pumpkin, don’t conflate economic forces and greed with the more nuanced marxist attacks against people who do well. Yes the workers have been under assault but the reasoning isn’t political. When you look at sowing the seeds of discord, and you see identity politics(race, economic, etc) the desire is to weaken the resistance to communism. If you view the current day through the lens of the 1920’s-30’s, the parallels are stark, people are being divided. When the next collapse occurs communists will be back trying to gain power.”

  58. Not JCR says:
    June 4, 2018 at 5:24 pm

    Of course, because it will be a reaction to the Corporatist having taken over.

    Pendulum is now as far right as it can get, it will start moving back to the left.

    JCr
    When the next collapse occurs communists will be back trying to gain power.”

  59. Yo! says:
    June 4, 2018 at 5:35 pm

    I used to live in a Mocco building and know the history. Last time Movco fought a JC family over a land deal, he lost big and was hit with a $21 million judgement.

  60. The Great Pumpkin says:
    June 4, 2018 at 5:38 pm

    Why hold tight to material wealth you don’t really need to survive. Why allow for millions to starve just so you can accrue more wealth you don’t need? It makes no sense, and is a completely inefficient means of allocating and distribution resources needed for our species to survive. Need competition, but it has to be better than this. What kind of competition involves wasting a ton of food while people are starving? Our economic system does not allow for food thrown out by restaurants and supermarkets to go into the hands of the poor, simply based on the fact that they don’t have money, so the resource must be dumped into the garbage. Talk about insanity. We can do better when it comes to economics. Has to be a better way, capitalism is just so wasteful. It’s a waste of resources and it’s a waste of human labor. It also concentrates these resources so that not everyone gets to participate in the economy.

    I don’t know what’s the better economic machine, but it’s out there waiting to be discovered. Right now capitalism is the best thing we have, but I refuse to think capitalism with all its flaws is the best economic system we can come up with. We can do better.

    I’m not bashing capitalism, I’m simply acknowledging that we can do better.

  61. chicagofinance says:
    June 4, 2018 at 5:58 pm

    Bell Works is just the building….. I think Toll is the condo portion, which is crazy since KHov is a local business….. don’t know what that says….other than KHov stuff is spit and glue…..

    Hold my beer says:
    June 4, 2018 at 10:26 am
    I thought bell works wanted 700 townhouses to be built and holmdel said no.

  62. chicagofinance says:
    June 4, 2018 at 6:05 pm

    Most of the affluence in Monmouth is inherited….. the ones who are moving up the ladder probably started their careers in NYC and lived in Manhattan, Brooklyn or Hoboken. Almost everyone in Monmouth who relocates down here had some type of history or ties to the area, and made a big score at work, or in NYC-area real estate, and then made the jump down here.

    Fair Haven is one of the few places where a family might actually choose to live as a suburb of NYC who is purely transient, with the intention of being a commuter to a middle manager job and continuing the path into higher and higher levels of responsibility.

    LurksMcGee says:
    June 4, 2018 at 10:36 am
    Chi-fi,

    Define upwardly mobile. I’m only curious because I would imagine there are more communities than the one you describe in Monmouth but I’m not sure.

  63. Lurks McGee says:
    June 4, 2018 at 6:41 pm

    By what you describe, I agree.

  64. Lurks McGee says:
    June 4, 2018 at 6:43 pm

    On a separate note, I’ve been watching Family Ties on Prime to get a glimpse of the near future. Mainly, I think Gen Z and the children of Millenials will grow into Alex Keatons

  65. Blue Ribbon Teacher says:
    June 4, 2018 at 6:48 pm

    So you’re blind?

  66. Trentonymous says:
    June 4, 2018 at 8:35 pm

    So when Trump pardons himself, cancels the 2020 election because of “voter fraud” and declares himself the President for a second term…I suppose that is all going to be a distraction from something?

    When the President declares himself above the law, you better listen up. That is major warning sign. I think Trump means it.

  67. Trentonymous says:
    June 4, 2018 at 8:38 pm

    Trump is playing from the Putin playbook. Divide the country along racial lines, get the oligarchs in line by threatening their companies profits, discredit the media, law enforcement, and courts, and shock and awe the population into ever more serious lapses in our institutions and rule of law.

    Lead with no accountability and enrich your own family beyond anyone’s wildest imagination.

    You can’t say you were not warned.

  68. grim says:
    June 4, 2018 at 8:56 pm

    Thank god we have guns to protect our country from its government.

  69. Trentonymous says:
    June 4, 2018 at 9:03 pm

    Guns arent going to protect you from Trump.

    Strong institutions are what protect this country from a kleptocracy. You know, all the things Trump has declared the enemy of the poeple. The media, the courts and the rule of law.

    Once that is broken, so is this country and not a single shot will be fired.

  70. Californicator says:
    June 4, 2018 at 9:20 pm

    4:2o you couldn’t handle my Nutsack nutjob

  71. Chi says:
    June 4, 2018 at 9:39 pm

    Except this country has three branches of government with checks and balances.

    You should be heartened by how well it has kept this imbecile at bay versus puking up MSNBC talking points.

    If a Trump screws up, he will be impeached. Case closed.

    Trentonymous says:
    June 4, 2018 at 8:38 pm
    Trump is playing from the Putin playbook. Divide the country along racial lines, get the oligarchs in line by threatening their companies profits, discredit the media, law enforcement, and courts, and shock and awe the population into ever more serious lapses in our institutions and rule of law.

    Lead with no accountability and enrich your own family beyond anyone’s wildest imagination.

    You can’t say you were not warned.

  72. Trentonymous says:
    June 4, 2018 at 9:50 pm

    There are three branches of government in Russia too.

    That has not stopped Putin.

    Americans take for granted how important a free press is. Does anyone doubt Trump would end the free press tomorrow if he could.

    You are playing with fire letting Trump get away with comments like he can pardon himself. Appointing family members to key positions, allowing him to promote his family business while in office, allowing Trump to threaten private businesses with government retaliation. Wild abuse of the pardon power.

    These are hallmarks of a dictator and you all minimize it as Trump just being funny, or creating a distraction. The man and his family obviously worked with the Russians. Trump has not met a dictator he does not admire. He disdains democratically elected leaders of our closest allies.

    Trump could not be making his intentions anymore obvious. And you all think it is him creating a distraction? It’s not a distraction. It’s the main event. The slow erosion of accountability and checks on executive power.

  73. Trentonymous says:
    June 4, 2018 at 10:03 pm

    Can anyone for a second even imagine what Fox News and the Republicans in Congress would be doing if Hillary Clinton’s campaign manager was under indictment and about to go on trial for conspiracy against the United States, money laundering and about 20 other crimes?

    Her national security advisor pled guilty to lying to the FBI and made a deal.

    And a handful of campaign advisers were under indictment or made a deal to cooperate with the FBI.

    The Trump campaign was a criminal Enterprise. It’s not even up for debate and yet Repunlicans and Fox News are still lined up behind Trump.

    All the while Trump mysteriously refuses to enforce sanctions against Russia and will not say a bad word about Putin.

    Now we are at the phase of the investigation where they are not even pretending they are not criminals, including Trump, they are simply claiming that they have the absolute pardon power.

    The Republicans are playing with fire letting this man stay in office.

  74. Joe says:
    June 5, 2018 at 1:09 am

    First-time buyers accounted for 46 percent of new mortgages (excluding refinancings) that Freddie Mac backed in the first quarter, their biggest quarterly share in data going back to 2012, according to the company. Meanwhile, the National Association of Realtors puts the median age of first-timers in the U.S. at 32.

    https://www.bloomberg.com/news/articles/2018-06-04/first-time-u-s-homebuyers-account-for-almost-half-of-mortgages

  75. FrankPrich says:
    June 5, 2018 at 3:43 am

    remain most the solution to a home loan free work

    talking to The verge, One of vehicle three proprietors, [url=https://charmdatescamreviews.wordpress.com/2018/01/25/charmdate-review/]charmdate.com[/url] jerrika Ballard, replied competitors are inflexible [url=https://twitter.com/charmdatereview]charmdate review[/url] of the growing publicize attached to 3D personalised sheds.

    Are a few other individuals which posted houses as well as,while buildings. but they’re produced inside the facility, nor they appear as if Yoda huts. [url=https://twitter.com/charmdate]charmdate review[/url] involving this embark to achieve success, should be be the ideal stores. believes that on the home wearing concrete floor, It will ensure wider strength and members positive outlook in their integrity of your home.

    while it’s true communities in creating nations are going to are the first benefactors in the immature organization careers, your pioneers possess some actually substantial choices about the time to come of these sorts of technology, most notably constructing relaxing area hives.

    Of the experienced stretches is the place so are we going websites habitats in house, mister Ballard alleged. ‘t almost certainly open a two made by four but also open anchoring screws. It one of the more probable probably an environment engineering. a new interim, I just be happy with a $12,000 room.

  76. The Original NJ ExPat says:
    June 5, 2018 at 7:26 am

    Obama divided the country, not Trump. Trump just decided to work with the side that had all of the good capitalists.

  77. Still StuckinNJ says:
    June 5, 2018 at 8:12 am

    Clinton lowered the bar and wh0r3d the country (privatize student loans/bank gambling/media concentration)

    W Bush, open up war profiteering and broke the meaning of country and patriotism.

    Obama bailed out the criminal banks when Resolution Trust Corp 2 and prosecution were needed, the misplaced anger became social anger turning everyone against everyone.

    Trump is a russian agent of influence, compromised thru and thru, without a moral center and caring not a cent about USA.

    All say thanks to the boomer locust generational leaders.

  78. chicagofinance says:
    June 5, 2018 at 8:29 am

    Putin (and any fascist) has dictatorial control through the executive branch that compromises the legislation and courts. If this fact is not readily apparent, you need to read more…..and who care about Fox News….what is Fox News in the scheme of anything?

    Chi says:
    June 4, 2018 at 9:39 pm
    Except this country has three branches of government WITH CHECKS AND BALANCES.

    Trentonymous says:
    June 4, 2018 at 9:50 pm
    There are three branches of government in Russia too.

    That has not stopped Putin.

  79. chicagofinance says:
    June 5, 2018 at 8:30 am

    To be clear, I have family interests in Albania, and if you want to know fascism, corruption and dysfunction, I have some lessons for you…….

    Have a drink and enjoy this more……

  80. nwnj says:
    June 5, 2018 at 8:33 am

    Trenton, nonsense. If you put a microscope over any big lobbying outfit or law firm and pursued prosecutions that aggressively you could draw out plea deals. Mueller hasn’t found anything relevant.

  81. Blue Ribbon Teacher says:
    June 5, 2018 at 8:37 am

    So when Trump pardons himself, cancels the 2020 election because of “voter fraud” and declares himself the President for a second term…I suppose that is all going to be a distraction from something?

    I we supposed to take you seriously?

  82. The Original NJ ExPat says:
    June 5, 2018 at 8:41 am

    Howard Schultz on CNBC:

    “The economy is strong. I give President Obama credit for that, I give President Trump some credit for that.”

    He went right into the leftist cliché right after:

    “We shouldn’t be in the business of building walls. We should be in the business of building bridges.”

    Historical note: Lots of walls in the bible. Zero bridges.

  83. nwnj says:
    June 5, 2018 at 8:42 am

    TDS sufferer clearly.

  84. 3b says:
    June 5, 2018 at 8:47 am

    The left loved Russia in the 80s when it was the old Soviet Union,communist dictatorship. Now that it’s just a regular old dictatorship Russia is the bogey man.

  85. 3b says:
    June 5, 2018 at 8:47 am

    Obama divided the country.

  86. The Original NJ ExPat says:
    June 5, 2018 at 8:48 am

    Trump should pardon himself…for not firing Comey during his inauguration speech.

  87. The Original NJ ExPat says:
    June 5, 2018 at 8:55 am

    The whole Russia thing is just the left being proactive in blaming the other side for doing what they were already doing.

    How different would all of this be if prior to Trump’s first day in office the public knew that Clinton spent $21 million on the Russian dossier and gave it to the FBI to initiate surveillance on Trump?

  88. The Original NJ ExPat says:
    June 5, 2018 at 9:00 am

    I’ll say it again. This was a whole different kind of conspiracy. This wasn’t designed to take down Trump after he won. It was designed to take Trump down after he lost! There might have even been some practical reasons, like keeping the dejected Trump base tamped down by showing that Trump was a criminal, not an honest candidate denied a win.

    Anyway…

    Suddenly Clapper, Brennan, Rice, and everyone else, still with their secret intact, have to figure out what to do next. This is classic Occam’s razor.

  89. Californicator says:
    June 5, 2018 at 9:00 am

    Your insipid relativism is the sign of a weak mind.

  90. The Original NJ ExPat says:
    June 5, 2018 at 9:04 am

    How’s the rumble of your BMW feel under your diminished loins, Californibator?

  91. The Original NJ ExPat says:
    June 5, 2018 at 9:04 am

    BMW convertible, right? In a lady’s color, perhaps? Automatic, of course?

  92. Californicator says:
    June 5, 2018 at 9:06 am

    M3 – thanks

  93. The Original NJ ExPat says:
    June 5, 2018 at 9:07 am

    Those badges are cheap to add. I think CA has about 100% of the market for that sort of thing.

  94. yome says:
    June 5, 2018 at 9:08 am

    You would think ,after over a year of investigations,several Congressional hearings, a case would have been put together and if there was a crime committed,it would have been filed already against Trump.
    All I hear everyday from the Networks is their Expert Guests providing analysis of crimes committed by Trump yet not a single case is filed.
    File a Case or close this Investigation. It cost too much Tax Payer Money already

  95. The Original NJ ExPat says:
    June 5, 2018 at 9:08 am

    If you want to resell it into the Hispanic community, you should add a VTEC badge too.

  96. Californicator says:
    June 5, 2018 at 9:08 am

    And ‘no’ they weren’t offered in automatic.

    Wtf is a ‘lady’s’ color? I m b e c I l e

  97. The Original NJ ExPat says:
    June 5, 2018 at 9:10 am

    I think I touched a (perhaps previously masculine?) nerve. Just take some Midol.

  98. The Original NJ ExPat says:
    June 5, 2018 at 9:12 am

    yome – This was never about finding anything, it was about “obstructing” the midterms.

  99. Californicator says:
    June 5, 2018 at 9:12 am

    Yeah thanks i’m Really rattled.

  101. Californicator says:
    June 5, 2018 at 9:13 am

    Ever driven an M3? I hope it runs forever. I love it. It is an absolute monster.

  102. yome says:
    June 5, 2018 at 9:14 am

    Politics is a dirty Business. And we are there to act like pawns

  103. The Original NJ ExPat says:
    June 5, 2018 at 9:15 am

    Think about it. They can’t do anything to oust Trump with the current Congress, probably not with the next one either. If they get the House, which they won’t, they can at worst bring him down to the Clinton level, but no further. That’s why Clinton is personal non grata everywhere right now. They don’t need him running around telling people how unfairly he was treated …just as they are attempting to fit the shoe for the other foot.

  104. The Original NJ ExPat says:
    June 5, 2018 at 9:15 am

    persona non grata

  105. The Original NJ ExPat says:
    June 5, 2018 at 9:20 am

    All the way back in 2015 it was just so hilarious to me how whatever they tried to pin on Trump, one or the other Clinton had already done worse.

    Laureate U vs. Trump U?
    Clinton Foundation vs. Trump Foundation?
    Rape, Thai s3x trips, and abuse(even in the oval office) vs. consensual dalliances?
    Hundreds and hundreds of millions of dollars direct to the Clintons vs. Trump Steaks, Water, or Vodka?

  106. The Original NJ ExPat says:
    June 5, 2018 at 9:22 am

    What the DNC would love for more than anything else is a private jet with every Clinton in it, including Chelsea’s family, parked at the bottom of the ocean next to Malaysia Airlines flight 370.

  107. yome says:
    June 5, 2018 at 9:24 am

    Worries about the future of the North American Free Trade Agreement weighed on the Canadian dollar and Mexican peso on Tuesday after Sen. John Cornyn, R-Texas, said the deadline for congressional approval of a new trade deal had likely run out, meaning there likely wouldn’t be Nafta 2.0 until 2019. Voting on a deal and implementing it would indeed take months and comes at an inconvenient time given the Mexican presidential election on July 1 and the U.S. midterm elections in November.

  108. The Original NJ ExPat says:
    June 5, 2018 at 9:26 am

    LOL. As easy to wind up as Pumps. You used to seem more manly.

    Ever driven an M3? I hope it runs forever. I love it. It is an absolute monster.

  109. yome says:
    June 5, 2018 at 9:28 am

    How will they for it?

    “Elsewhere in Europe, Italy’s new prime minister, Giuseppe Conte, outlined the new government’s policy priorities, including introducing universal income and addressing immigration. The euro softened slightly in response.”

  110. The Original NJ ExPat says:
    June 5, 2018 at 9:33 am

    Chi – Something I’m noticing under the main trend: REITs up, Financials falling? That seems like something you’d see in a falling rate environment, right? Is the market signaling equity weakness and bond strength ahead, at least for the US market?

  111. VisitKingTrump NorthernStatePrison says:
    June 5, 2018 at 10:00 am

    For history buffs here, a link to the original Harvard speech by George C. Marshall aka “Marshall Plan”.

    When you read it, compare it to the nitwit boomers running the place to the ground under the pretext of some ugly nut job fat russian lady.

    http://www.oecd.org/general/themarshallplanspeechatharvarduniversity5june1947.htm

  112. The Original NJ ExPat says:
    June 5, 2018 at 10:07 am

    I don’t know why, but these little buggers remind me of Pumps:

    https://www.livescience.com/62720-tardigrade-lifespan.html

  113. 3b says:
    June 5, 2018 at 10:38 am

    Clinton refuses to apologize for Monica Lewinsky

  114. No One says:
    June 5, 2018 at 10:40 am

    Hey, despite my differences with Cali, an M3 is a nice car. In California, RWD isn’t a snow day liability, and a convertible would make sense too. Much better than driving a motorcycle in stop & go traffic, though a manual M3 would probably also be hell in traffic jams.
    One of my fondest driving memories was driving a BMW i8 through Beverly Hills and Mulholland Hwy, then down the mountains into Malibu.

  115. The Original NJ ExPat says:
    June 5, 2018 at 10:57 am

    Pretty soon his wife will make him trade it for a Prius.

  116. The Original NJ ExPat says:
    June 5, 2018 at 11:27 am

    Peyronie’s disease affects your mind as you get older. Didn’t you ever wonder why so many Presidents are left-handed?

    Clinton refuses to apologize for Monica Lewinsky

  117. The Original NJ ExPat says:
    June 5, 2018 at 11:33 am

    Left-handed pitchers have always been in demand in major league baseball, commanding a premium in salary and having much longer careers. Yet…the number of left handed pitchers in the major leagues is far, far, less than left-handers in the general population? How could that possibly be? It’s very simple:

    Somehow left-handers would rather spend their youth bending their meat into a right angle instead of playing sports. Afterward, they go into politics.

  118. The Original NJ ExPat says:
    June 5, 2018 at 11:36 am

    George H. W. Bush, to his credit, bent his meat into a right angle, was an excellent left-handed pitcher, and grabs girls asses until this day from his wheelchair. Also a war hero. I guess you could say he was the “full package”.

  119. The Original NJ ExPat says:
    June 5, 2018 at 11:43 am

    Cali – left-handed?

  120. joyce says:
    June 5, 2018 at 11:45 am

    Expat,
    50% today. Keep up the good work pumps!

  121. No One says:
    June 5, 2018 at 11:47 am

    Actually there is a much higher proportion of lefty MLB pitchers than in the general population.
    http://www.vocativ.com/315557/left-handed-pitchers-disappearing/index.html

  122. Californicator says:
    June 5, 2018 at 12:18 pm

    9:26 once people find out I don’t work it seems to twist their heads a bit. I understand. I’m not really that concerned with being manly. I feel fine. thanks

  123. Californicator says:
    June 5, 2018 at 12:19 pm

    11:36 either that or a senile ol’ knob gobbler pervert.

  124. Californicator says:
    June 5, 2018 at 12:32 pm

    Oh, and that was the ‘Old’ Cali – the new Cali

    Not hung up on changing your mind.

  125. D-FENS says:
    June 5, 2018 at 12:37 pm

    You’re all wrong. There are 4.

    chicagofinance says:
    June 5, 2018 at 8:29 am
    Putin (and any fascist) has dictatorial control through the executive branch that compromises the legislation and courts. If this fact is not readily apparent, you need to read more…..and who care about Fox News….what is Fox News in the scheme of anything?

    Chi says:
    June 4, 2018 at 9:39 pm
    Except this country has three branches of government WITH CHECKS AND BALANCES.

    Trentonymous says:
    June 4, 2018 at 9:50 pm
    There are three branches of government in Russia too.

    That has not stopped Putin.

  126. 1987 Condo says:
    June 5, 2018 at 12:45 pm

    I think this is wrong:

    “Left-handed pitchers have always been in demand in major league baseball, commanding a premium in salary and having much longer careers. Yet…the number of left handed pitchers in the major leagues is far, far, less than left-handers in the general population? How could that possibly be? It’s very simple:”

    From 2014:

    There are 137 left-handed pitchers and 354 right-handed pitchers currently on MLB rosters or approximately 39% lefties.

    Percent lefthanders is 10%…there are almost 4x as many LHP in baseball.

  127. 1987 Condo says:
    June 5, 2018 at 12:46 pm

    Kate Spade committed suicide? 55

  128. Provocateur says:
    June 5, 2018 at 1:17 pm

    Hung herself with her own scarf? Possibly this one?
    https://www.katespade.com/products/hanging-crab-oblong-scarf/KS1001427.html

  129. leftwing says:
    June 5, 2018 at 1:33 pm

    “…The media, the courts and the rule of law. Once that is broken so is this country…”

    Still don’t understand that Trump was elected because in the view of anyone not left of center the Democrats co-opted the media, courts, and rule of law?

  130. The Original NJ ExPat says:
    June 5, 2018 at 1:34 pm

    Cali – you might be shocked at this, but I get that. Been there, done that. I’ve taken several, some multi-year, hiatuses from working. 4.5 years when my daughters were small was my longest by far. You know how Social Security sends you those statements at random times that show how much you’ve earned in Social Security wages over the last several decades? I absolutely relish those “zeroes” and the memories associated with them.

    There are very few people who utter these words as their last, on their death bed:

    “I wish I worked more.”

    9:26 once people find out I don’t work it seems to twist their heads a bit. I understand. I’m not really that concerned with being manly. I feel fine. thanks

  131. The Original NJ ExPat says:
    June 5, 2018 at 1:38 pm

    I like your wit joyce, but it is very dry.

    joyce says:
    June 5, 2018 at 11:45 am
    Expat,
    50% today. Keep up the good work pumps!

  132. chicagofinance says:
    June 5, 2018 at 1:38 pm

    Over what period of time?

    The Original NJ ExPat says:
    June 5, 2018 at 9:33 am
    Chi – Something I’m noticing under the main trend: REITs up, Financials falling? That seems like something you’d see in a falling rate environment, right? Is the market signaling equity weakness and bond strength ahead, at least for the US market?

  133. chicagofinance says:
    June 5, 2018 at 1:39 pm

    Also, finanicals need to be segregated among insurance, regional, money center, and then what level of international exposure…….

  134. chicagofinance says:
    June 5, 2018 at 1:40 pm

    Italy sh!t & DXB

  135. The Original NJ ExPat says:
    June 5, 2018 at 1:40 pm

    Here are the only two things that men and women have in common:

    They both prefer the company of men.

  136. chicagofinance says:
    June 5, 2018 at 1:40 pm

    I meant DB

  138. The Original NJ ExPat says:
    June 5, 2018 at 1:50 pm

    chi – I’m talking over the last week. I often look at trends as short as 20 days, but both the S&P 500 and MidCap 400 RE sector have been kicking ass for about a week now Financials in both sectors have been sucking wind. I don’t simplify and just watch XLF and XLRE, I’m on top of all 33 SP 500 RE stocks and all 38 MidCap 400 RE stocks as well as all the Financial stocks in both sectors. Sure the SP 500 is mostly mega-banks and mega-insurers when it comes to Financials, and the MidCap 400 is where all of the regional banks live, but the RE sectors are not that different across the two indices.

    There’s something going on.

  139. chicagofinance says:
    June 5, 2018 at 1:52 pm

    Ask some people in their 60’s and 70’s who were lazy and pulled the plug on a reasonable job 2-5 years before it made sense to……..

    The Original NJ ExPat says:
    June 5, 2018 at 1:34 pm
    There are very few people who utter these words as their last, on their death bed:

    “I wish I worked more.”

  140. chicagofinance says:
    June 5, 2018 at 1:53 pm

    XLF & XLRE are those sector portions of S&P 500

  142. chicagofinance says:
    June 5, 2018 at 1:58 pm

    Even with The 10, spreads blew out (not as dramatic as it sounds – fixed income)…..

  143. The Original NJ ExPat says:
    June 5, 2018 at 2:04 pm

    Has anyone notice Copper’s move today?

  144. The Original NJ ExPat says:
    June 5, 2018 at 2:06 pm

    No – it’s what lazy people follow who think they are following sectors.

    XLF & XLRE are those sector portions of S&P 500

  145. Californicator says:
    June 5, 2018 at 2:07 pm

    1:34 dude that is awesome.

  146. The Original NJ ExPat says:
    June 5, 2018 at 2:08 pm

    ^^^That was my point. That’s not me.

  147. The Original NJ ExPat says:
    June 5, 2018 at 2:09 pm

    ^^^ meant for chi, not you, Cali.

  148. The Original NJ ExPat says:
    June 5, 2018 at 2:11 pm

    You get exactly one chance with your kids when they are small. No matter your future income, you can’t buy that time back.

  149. The Great Pumpkin says:
    June 5, 2018 at 2:38 pm

    Since 1998, median household income has lagged inflation yet the U.S. GDP has doubled. Our system is over-rewarding capital and punishing labor. Elect politicians who see the problem and have the stones to fix the problem.

    https://www.bloomberg.com/news/articles/2018-02-20/millennials-buck-the-wealth-trend

  150. 3b says:
    June 5, 2018 at 2:49 pm

    And who would those politicians be?

  151. The Great Pumpkin says:
    June 5, 2018 at 3:51 pm

    3b,

    Therein lies the problem. There is no political party that represents the worker anymore(middle class). It’s all about the rich, and to some extent, the poor.

  152. 3b says:
    June 5, 2018 at 4:05 pm

    Well look at that! Something that you and I actually agree on!

  153. The Original NJ ExPat says:
    June 5, 2018 at 4:30 pm

    Pumps accidentally says something that makes sense. Stick around for 5 minutes, that’ll change.

  154. The Original NJ ExPat says:
    June 5, 2018 at 4:37 pm

    They forgot to co-opt the actual votes. They figured some media buys would take care of those simpletons. Unfortunately for them, the elites failed to accept/identify that there was actually voter memory more than two years in length.

    Still don’t understand that Trump was elected because in the view of anyone not left of center the Democrats co-opted the media, courts, and rule of law?

  155. LurksMcGee says:
    June 5, 2018 at 4:58 pm

    ExPat’s point at 2:11 doesn’t resonates with enough people.

  156. The Great Pumpkin says:
    June 5, 2018 at 6:24 pm

    Mikey likes it! (80’s cereal commercial)

    Honestly, feels good to be on the same side on something. Cheers!

    3b says:
    June 5, 2018 at 4:05 pm
    Well look at that! Something that you and I actually agree on!

  157. The Original NJ ExPat says:
    June 6, 2018 at 6:54 am

    Best explanation of Abbot Districts.

    ExPat’s point at 2:11 doesn’t resonates[sic] with enough people.

    The Original NJ ExPat says:
    June 5, 2018 at 2:11 pm
    You get exactly one chance with your kids when they are small. No matter your future income, you can’t buy that time back.

  158. The Original NJ ExPat says:
    June 6, 2018 at 6:56 am

    Get ready for the red wave.

    https://www.cnn.com/2018/06/05/politics/martha-roby-alabama-runoff/index.html

    The Alabama congresswoman who un-endorsed Donald Trump in 2016 when the “Access Hollywood” tape went public will face a runoff election, CNN projects.

    Republican Rep. Martha Roby will face a July runoff to save her seat after failing to top 50% in Tuesday’s primary. Roby will face Bobby Bright — a former Democratic congressman who is now running as a Republican.

  161. Very Stable Genius says:
    June 6, 2018 at 8:05 am

    500 DAYS OF GREATNESS?

    — 4600 Dead in Puerto Rico
    — 1500 Missing Children
    — Attacking FBI & Free Press
    — Signing Tax Scam Bill
    — Emboldening Neo-Nazis
    — Violating Emoluments
    — Imposing Tariffs on Allies
    — Taking Bribes from China
    — Conspiring with Russia

    500 DAYS OF CORRUPTION.

    The Great Pumpkin says:
    June 5, 2018 at 3:51 pm
    3b,

    Therein lies the problem. There is no political party that represents the worker anymore(middle class). It’s all about the rich, and to some extent, the poor.

  162. Very Stable Genius says:
    June 6, 2018 at 8:13 am

    @MaxBoot

    Long incinerated in Trump’s bonfire of the pieties are GOP claims to be the family values party,
    the law-and-order party &
    the fiscally conservative party.
    The latest shibboleth to go up in smoke is the Republican claim to be the party of free markets.

  163. The Original NJ ExPat says:
    June 6, 2018 at 9:07 am

    Obama shown up for the corrupt and inept fraud that he is

    500 DAYS OF GREATNESS?

    — 4600 Dead in Puerto Rico
    — 1500 Missing Children
    — Attacking FBI & Free Press
    — Signing Tax Scam Bill
    — Emboldening Neo-Nazis
    — Violating Emoluments
    — Imposing Tariffs on Allies
    — Taking Bribes from China
    — Conspiring with Russia

  164. The Great Pumpkin says:
    June 6, 2018 at 9:17 am

    Avg Chinese passing up the avg American while our corporate lords turn the eye because they are making more money than ever before. Pathetic!

    https://www.cbsnews.com/news/newborns-in-china-can-expect-more-healthy-years-of-life-than-americans/?ftag=CNM-00-10aac3a

  165. Libturd, AKA Dr. Howie Feltersnatch says:
    June 6, 2018 at 9:29 am

    SFW – https://photos.app.goo.gl/LDzqebErqnuDJ4JG2

  166. Fast Eddie says:
    June 6, 2018 at 9:39 am

    That list is an ambiguous pile of scrap metal. I don’t even know why someone would post something so vague. It’s a sure admission that the left is entirely out of gas. Domestically and abroad, this administration has been a huge success and it’s killing the drunks that occupy the left.

  167. Fast Eddie says:
    June 6, 2018 at 9:47 am

    During the Oblama recession, there were 6 people per 1 job opening. Now, there is more than 1 job available for every person that seeks employment. $870,000,000,000 tax dollars, looted by the left, were pilfered to enable an ideology under Barak Hussein. It had nothing to do with jobs.

  168. Blue Ribbon Teacher says:
    June 6, 2018 at 10:05 am

    Avg Chinese passing up the avg American while our corporate lords turn the eye because they are making more money than ever before. Pathetic!

    Yeah right

    http://www.channelnewsasia.com/news/asia/plastic-wasteland–asia-s-ocean-pollution-crisis-10381984

  169. Enigma says:
    June 6, 2018 at 10:11 am

    9:47? Admit it you have brain damage. Can you still hold a pencil?

  171. Fast Eddie says:
    June 6, 2018 at 10:23 am

    Send Al Gore to China and let him lecture them.

  172. Libturd, AKA Dr. Howie Feltersnatch says:
    June 6, 2018 at 10:30 am

    Maybe Gore will fly over in his private jet?

    https://bit.ly/2sGQGGH

  173. pumpkin food says:
    June 6, 2018 at 10:36 am

    “And Chinese companies, armed with new internet tools that gave them a window into foreign countries, could home in on small niches in the value chain – Louisiana crawfish? Georgia sandstone grave markers? Dolls that look like their owners? – replicate those products, and deliver them to markets 7,000 miles away at a 40 percent discount. It was capitalism at its most unrestrained.

    There is nothing inherently wrong with trade deficits. But they’re related to the U.S. economic restructuring that occurred in response to globalization. The real problem with that restructuring is in the distribution of the economic benefits of trade. Instead of taxing corporations that were offshoring their operations and using the proceeds to invest in American education, health, and physical infrastructure, successive governments handed the gains from trade to increasingly concentrated corporations and their increasingly wealthy shareholders.

    Ultimately, a trade deficit represents the excess of consumption over investment. If the Trump administration really wants to address the deficit with China, start investing now. Take a look at America’s crumbling infrastructure and compare it with China’s. That should tell you something.”

    https://www.bloomberg.com/view/articles/2018-06-05/if-you-want-to-cut-the-china-trade-gap-invest-in-america

  174. Blue Ribbon Teacher says:
    June 6, 2018 at 10:40 am

    There’s nothing wrong with a trade deficit if there is ever a swing in the other direction. With currency pegging, that will never happen, so there is a major issue. Even if you let it float, when you trade with such disparity in wages, the only time it would stop is when our wages go down much closer to their and theirs rise slightly.

    “But in the meantime, you’ve wrecked the country with these types of deals”

    -Ross Perot

  175. chicagofinance says:
    June 6, 2018 at 11:20 am

    Why do I even bother trying to be considerate of people?

    The Original NJ ExPat says:
    June 5, 2018 at 2:06 pm
    No – it’s what lazy people follow who think they are following sectors.

    XLF & XLRE are those sector portions of S&P 500

  176. Libturd, AKA Dr. Howie Feltersnatch says:
    June 6, 2018 at 11:44 am

    DJIA 25K (again).

  177. Phoenix says:
    June 6, 2018 at 12:31 pm

    The goal of a Chinese individual is to make enough money to get it out of China.

    Blue Ribbon Teacher says:
    June 6, 2018 at 10:05 am
    Avg Chinese passing up the avg American while our corporate lords turn the eye because they are making more money than ever before. Pathetic!

    Yeah right

  178. Blue Ribbon Teacher says:
    June 6, 2018 at 2:00 pm

    Life expectancy of an Asian American living in NJ: 89.37 years.

    http://www.worldlifeexpectancy.com/usa/life-expectancy-asian-american

    Care to explain that one?

  179. Blue Ribbon Teacher says:
    June 6, 2018 at 2:13 pm

    Upon further inspection, it appears that Asians Americans have a higher life expectancy than Japan in half of the US. Japan is the world leader in life expectancy. New Jersey’s Asians beat them by 6 years. I always knew there was disparity but I did not know it was that wide.

    http://www.worldlifeexpectancy.com/usa/life-expectancy-asian-american
    http://www.worldlifeexpectancy.com/world-life-expectancy-map

    It’s also worth noting, NJ had the highest life expectancy for Asians in all 50 states.

  180. The Great Pumpkin says:
    June 6, 2018 at 3:10 pm

    Easy! There are not many poor Asians living in nj or America in general.

    Blue Ribbon Teacher says:
    June 6, 2018 at 2:00 pm
    Life expectancy of an Asian American living in NJ: 89.37 years.

    http://www.worldlifeexpectancy.com/usa/life-expectancy-asian-american

    Care to explain that one?

  181. The Great Pumpkin says:
    June 6, 2018 at 3:11 pm

    Yes, because China devalues their currency. They get it out, but getting harder and harder to do.

    Phoenix says:
    June 6, 2018 at 12:31 pm
    The goal of a Chinese individual is to make enough money to get it out of China.

  182. The Great Pumpkin says:
    June 6, 2018 at 3:15 pm

    What I want to know from Trump is why he conducts business with China and invests in China? How the hell can you claim to make America great again while partaking in these actions?

  183. Provocateur says:
    June 6, 2018 at 3:22 pm

    10:36
    Almost all of China’s infrastructure was built in the last 35 years. Despite its newness, some of it is crumbling because corrupt government officials used low-grade cement or cheap rebar. The reason it was built in the last 35 years is they were too busy starving people to death with communism before that. Further little-known fact – three of China’s largest Airports – Beijing, Shanghai, and Shenzhen, are operated by public companies listed on stock exchanges. And many of the large toll roads connecting to these airports are owned by publicly traded companies as well. With capital raised from investors helping finance the construction of this infrastructure, and tolls paying dividends for investors.
    Why isn’t PATH a publicly listed company accountable to shareholders like Chinese container terminal operators, and like Chinese airports? Wouldn’t that spur greater investment and accountability? Why isn’t the NY Subway listed like Hong Kong’s, which invests heavily and profitably in service growth and quality?
    If someone wants infrastructure investment, turn it into a privately run profit center, not a center for government pull and graft, as is currently the case for much of the US.

    The primary reasons for a trade deficit in the US is that 1) the US runs a big budget deficit, which in turn requires capital flows to finance, and which further in turn mathematically require a trade deficit. Why does the US run budget deficits? In part because of the dynamic that Romney was vilified for saying out loud – the country is increasingly divided into “makers” and “takers”, with the latter portion increasing in weight, and becoming increasingly vocal in their right to take while having no intention of ever producing anything of value.

    The author of this article wrote a quite bearish outlook for China back in 2013, btw:
    “In a few short years, from 2006 and accelerating in 2009, this syndrome brought China to the point where the country finds itself today: an apocalyptic landscape of empty towers, many unfinished, in every city and town and resort, on farmland, hillsides, and in mountains. The scope of this bizarre overinvestment is hard to grasp and impossible to measure with any precision. But there is no major city in China where it is not starkly visible in the ride from the airport to the city center. The empty towers built in living urban locations are unaffordable to new urbanized populations, and the empty towers built outside living urban locations are uninhabitable; there are no jobs, no services, no way to live in them. There is no possible future for the empty cities across China other than to decay, for the cement and steel to revert to rust and rocks and gravel. But that will not be an easy process. Nor will the toll on the economy be low.”
    https://www.jcapitalresearch.com/uploads/2/0/0/3/20032477/china_alone.pdf

  184. The Great Pumpkin says:
    June 6, 2018 at 3:32 pm

    Provocateur,

    Thanks for the share, but can we please stop with the privatization leads to better results argument. Can you please just understand this, there is no difference in human nature when it comes to public or private. One is not less corrupt than the other like you imply. They are one in the same, both guided by the same corruptible hands of human nature.

    You need good honest people in leadership positions. We have none of that in either the private or public sector. Public and private interests work hand in hand to corrupt society.

    So please don’t tell me privatization solves corruption. It just really pisses me off when people think privatization is the answer to corruption in society.

    Want to know what corrupts? Money and power.

  185. The Great Pumpkin says:
    June 6, 2018 at 3:37 pm

    What’s going to kill China’s economic engine is their demographics. It’s beyond f’ed! So after 2030, China is in trouble. They better start importing women.

  186. PumpkinFace says:
    June 6, 2018 at 3:56 pm

    No, because you’re wrong.

    The Great Pumpkin says:
    June 6, 2018 at 3:32 pm

    but can we please stop with the privatization leads to better results argument. Can you please just understand this, there is no difference in human nature when it comes to public or private.

  187. The Great Pumpkin says:
    June 6, 2018 at 4:29 pm

    You are blind.

    PumpkinFace says:
    June 6, 2018 at 3:56 pm
    No, because you’re wrong.

  188. Juice Box says:
    June 6, 2018 at 4:37 pm

    re: Pumps – “They better start importing women”

    Think outside the box Pump. One to many relationships, short term relationships, or otherwise. Did you know that today here in the USA 40% of children are born out of the wedlock?

  189. Provocateur says:
    June 6, 2018 at 4:43 pm

    No, you are the one who is blind, ignorant, and an ignoramus.
    There is so much evidence supporting the efficacy of market over state control of in industry. But I guess your state-run school taught you to think otherwise, like the loyal pawn you are.

    The Great Pumpkin says:
    June 6, 2018 at 4:29 pm

    You are blind.

    PumpkinFace says:
    June 6, 2018 at 3:56 pm
    No, because you’re wrong.

  190. yome says:
    June 6, 2018 at 5:19 pm

    1. Neither public nor private managers will always act in the best interests of their shareholders. Privatization will be effective only if private managers have incentives to act in the public interest, which includes, but is not limited to, efficiency.

    2. Profits and the public interest overlap best when the privatized service or asset is in a competitive market. It takes competition from other companies to discipline managerial behavior.

    3. When these conditions are not met, continued governmental involvement will likely be necessary. The simple transfer of ownership from public to private hands will not necessarily reduce the cost or enhance the quality of services.

  191. yome says:
    June 6, 2018 at 5:37 pm

    A source told ABC News that the inspector general’s draft report on the FBI’s investigation into Clinton’s use of a “homebrew” server while she was secretary of State calls Comey, who was fired by President Trump last year, “insubordinate.”
    The draft report, which is subject to change, also reportedly criticizes former Attorney General Loretta Lynch’s handling of the probe into Clinton’s email use.
    Inspector General Michael Horowitz told lawmakers last month that a draft of the long-awaited report was completed.

  192. yome says:
    June 6, 2018 at 5:38 pm

    The Department of Justice’s inspector general has reportedly determined that former FBI Director James Comey defied authority at times, according to sources who viewed a draft report on the probe into the investigation to Hillary Clinton’s private email server.

  193. Blue Ribbon Teacher says:
    June 6, 2018 at 5:51 pm

    What I want to know from Trump is why he conducts business with China and invests in China? How the hell can you claim to make America great again while partaking in these actions?

    You can’t survive in any retail market without ultimately outsourcing. If you don’t, someone will steal your product, outsource it, and put you out of business. Trump understands this, which is why he’s in the process of fixing the entire problem via tariffs.

  194. The Great Pumpkin says:
    June 6, 2018 at 6:23 pm

    Family builds the foundation of society. They are going to be in trouble in due time.

    Not good to have a bunch of lonely men in your society. They become unmotivated with life.

    If they do go the route of multiple baby daddy’s, just look at the impact this has had on the African American community. It has been responsible for holding that community back.

    Juice Box says:
    June 6, 2018 at 4:37 pm
    re: Pumps – “They better start importing women”

    Think outside the box Pump. One to many relationships, short term relationships, or otherwise. Did you know that today here in the USA 40% of children are born out of the wedlock?

  195. The Original NJ ExPat says:
    June 6, 2018 at 7:25 pm

    chi – As I’m sure you’d readily admit, XLF & XLRE are both etfs with weighted baskets of securities from the related sectors, but they trade as themselves, not as the actual sectors. It’s often very close, but not the same.

    XLRE – 31.95, up 0.28% today, weekly RSI of 54.06
    $SP500#60 (the actual S&P 500 RE sector) – 196.71, up 0.32% today, weekly RSI of 53.48

    It gets even more complex if you want to analyze the Telecom sector. There are only 3 S&P 500 Telecom stocks, there is only one MidCap 400 Telecom stock. The closest tracking ETF is something like IYZ, but it has like 15 telecom stocks in it’s basket, so it is often way off the mark. I analyze all 22 sectors(11 in the SP500, 11 in the MidCap400) each and every day by using all of the individual stocks and the sector tracking etfs and the actual S&P 500 sectors. So 900 stocks + 11 sectors + 11 tracking etfs all go into my model after the close.

    One is how the ETF, the other

    Why do I even bother trying to be considerate of people?

    The Original NJ ExPat says:
    June 5, 2018 at 2:06 pm
    No – it’s what lazy people follow who think they are following sectors.

    XLF & XLRE are those sector portions of S&P 500

  196. The Great Pumpkin says:
    June 6, 2018 at 11:34 pm

    Our greatest threat is ourselves….privitization can solve this?

    THIS is the biggest threat to the economy (and it’s not disease or natural disaster) – MarketWatch
    https://apple.news/AhtIntZXmSo2neYgbcvggKQ

Comments are closed.