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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

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Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ Aug 30

    "We're broke," says New Jersey Senate President Steve Sweeney. The Democrat is proposing to shift new state employees and those employed for less than five years of service to a hybrid pension and 401(k)-style planhttps://on.wsj.com/2PO4xom 

    7:00 AM - 30 Aug 2018
    • 23 Retweets
    • 42 Likes
    • Larry Thompson Lucci Angelina Joy McKee, ACFRE Owen Gibson Todd Sargent Damon D'Amore Emma Escobar J Nderi Antoinette Ellis-Wil
    20 replies 23 retweets 42 likes
      1. New conversation
      2. BP‏ @PrestiBryan Aug 30
        Replying to @WSJ

        Yes, get rid of all public sector pensions.

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. New conversation
      2. Dave Sherrill‏ @TheDaveSherrill Aug 30
        Replying to @Hulkalove @WSJ

        😂pic.twitter.com/BdIOIvj4Is

        0 replies 0 retweets 1 like
      3. End of conversation
      1. SR Boyd‏ @Esquirexoficio Aug 31
        Replying to @WSJ

        NJ try to wrangle pension problem? Your Governor spent all his political capital attacking this problem, and nobody took him seriously. You finally realize that Christie was right, but now our state is broke. Who believes you can solve anything? Better hope they vote!

        0 replies 0 retweets 0 likes
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      1. George‏ @rationalthink15 Aug 30
        Replying to @WSJ

        How bout we cut some spending?

        0 replies 0 retweets 0 likes
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      1. Howard ball‏ @TripleNNNHoward Aug 30
        Replying to @WSJ

        Great job Governor. Do you miss your gop Governor.

        0 replies 0 retweets 0 likes
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      1. Mike Lamb‏ @mwlamb13 Aug 30
        Replying to @WSJ

        But NJ is one of the highest tax states in the US.

        0 replies 0 retweets 0 likes
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      1. RLenks‏ @Rlenks Aug 30
        Replying to @WSJ

        A Democrat wants to do this? That’s progress, Republicans have been trying to do this for YEARS

        0 replies 0 retweets 0 likes
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      1. Richard Hume‏ @HumeRB Aug 30
        Replying to @WSJ

        Broke and Corrupt.pic.twitter.com/yVgP50Dtp5

        0 replies 0 retweets 0 likes
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      1. Kevin1928‏ @vector1928 Aug 30
        Replying to @WSJ

        Most state legislatures have played games with the public pension funds. They also approved labor contracts, again kicking the can for someone else to deal with. Now they whine about where they are now. Time to suck it up, sit down with unions, and work it out. It’s called work.

        0 replies 0 retweets 0 likes
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      1. Ayo Lewis‏ @DareLewi Aug 30
        Replying to @WSJ

        California 13.3%, Oregon 9.9%, Minnesota 9.85%, Iowa 8.98%, New Jersey 8.97%. How can they be broke? Entitlements outstrip revenues. Do you raise taxes further or reduce entitlements? Could high taxes act as a disincentive?

        0 replies 0 retweets 0 likes
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      1. Hawkeye005‏ @Hawkeye005 Aug 30
        Replying to @WSJ

        Well I give him credit for stating the obvious and offering a plan.

        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Mac Unknown‏ @Unknown1Mac Aug 30
        Replying to @WSJ

        pic.twitter.com/MY3mMPLnNw

        1 reply 0 retweets 0 likes
      3. Jack_W‏ @Jack_W002 Aug 30
        Replying to @Unknown1Mac @WSJ

        So 401ks are now socialist?

        1 reply 0 retweets 0 likes
      4. Mac Unknown‏ @Unknown1Mac Aug 30
        Replying to @Jack_W002 @WSJ

        Voting for people who continue to bankrupt the city is just dumb.

        1 reply 0 retweets 0 likes
      5. Mac Unknown‏ @Unknown1Mac Aug 30
        Replying to @Unknown1Mac @Jack_W002 @WSJ

        Voting for those people to run the state is tantamount to walking into an incinerator looking for a cold drink.

        1 reply 0 retweets 0 likes
      6. Jack_W‏ @Jack_W002 Aug 30
        Replying to @Unknown1Mac @WSJ

        You know many states are having pension issues, right? Including Republican controlled states? Georgia, Michigan, Florida, Ohio, Texas, Kentucky, etc. all are facing pension shortfalls.

        1 reply 0 retweets 0 likes
      7. Mac Unknown‏ @Unknown1Mac Aug 30
        Replying to @Jack_W002 @WSJ

        Atlanta = Democrat Lansing = Democrat Tallahassee = Democrat Columbus = Democrat Austin = Democrat Frankfort = Democrat You’re not contributing must to your defense.

        1 reply 0 retweets 0 likes
      8. Jack_W‏ @Jack_W002 Aug 30
        Replying to @Unknown1Mac @WSJ

        All of those states have Republican controlled legislatures and governors. Your defense is ridiculous.

        1 reply 0 retweets 0 likes
      9. Mac Unknown‏ @Unknown1Mac Aug 30
        Replying to @Jack_W002 @WSJ

        You obviously don’t know anything about state/ capital economics.

        1 reply 0 retweets 0 likes
      10. 1 more reply

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