New Jersey Credit Downgraded for 5th Time Under Christie

[Interpol]

New Jersey Rating Cut by Moody?s as Christie Pledges Fix - Bloomberg

Moody's has downgraded New Jersey's credit for a 5th time, citing revenue shortfalls due to Chris Christie and Republican legislature tax cuts.

Gov. Brownback is having the same problem in his state of Kansas.

When you cut taxes, you cut revenue and have to make it up in other ways. Christie apparently hasn't planned for that because tax cuts are supposed to be their own reward according to the broken Republican economic theory.

Christie has said he will address the downgrade with proposals next week which are sure to look like more tax cuts for the rich and more service cuts for everybody else.

Let's see how Christie and others find an innovative way to blame Barraco Barner for this one.

 

[The T]

New Jersey Rating Cut by Moody?s as Christie Pledges Fix - Bloomberg

Moody's has downgraded New Jersey's credit for a 5th time, citing revenue shortfalls due to Chris Christie and Republican legislature tax cuts.

Gov. Brownback is having the same problem in his state of Kansas.

When you cut taxes, you cut revenue and have to make it up in other ways. Christie apparently hasn't planned for that because tax cuts are supposed to be their own reward according to the broken Republican economic theory.

Christie has said he will address the downgrade with proposals next week which are sure to look like more tax cuts for the rich and more service cuts for everybody else.

Let's see how Christie and others find an innovative way to blame Barraco Barner for this one.

Bullshit. Fuckers need to stop spending. Try again.

 

[william the wie]

NJ will have to push hard to overtake IL and CA.

 

[CaféAuLait]

New Jersey Rating Cut by Moody?s as Christie Pledges Fix - Bloomberg

Moody's has downgraded New Jersey's credit for a 5th time, citing revenue shortfalls due to Chris Christie and Republican legislature tax cuts.

Gov. Brownback is having the same problem in his state of Kansas.

When you cut taxes, you cut revenue and have to make it up in other ways. Christie apparently hasn't planned for that because tax cuts are supposed to be their own reward according to the broken Republican economic theory.

Christie has said he will address the downgrade with proposals next week which are sure to look like more tax cuts for the rich and more service cuts for everybody else.

Let's see how Christie and others find an innovative way to blame Barraco Barner for this one.

Hummmm sounds familiar.

S&P downgrades U.S. credit rating for first time

S&P downgrades U.S. credit rating for first time - The Washington Post

Moody’s Downgrade Warning Adds Pressure on U.S. Debt Deal

Moody?s Downgrade Warning Adds Pressure on U.S. Debt Deal - Bloomberg

California has nation's worst credit rating, Pew study finds


Read more here: Capitol Alert: California has nation's worst credit rating, Pew study finds

Chicago’s credit rating takes a beating, Moody’s downgrades to just above junk

Chicago?s credit rating takes a beating, Moody?s downgrades to just above junk ? RT USA