Christie, a first-term Republican, said health-care spending “will bankrupt” the state unless it requires its workers to pay more for medical coverage. New Jersey will spend $4.3 billion on employee and retiree health insurance this year, and that cost will rise 40 percent within four years, he said.
About 30 minutes after Christie’s comments, an eight-year authority bond sold in April dropped in price.
Mr. Christie made a rookie mistake,” said Mike Pietronico, who oversees $360 million as chief executive officer of Miller Tabak Asset Management in New York. “The market is very sensitive to the word ‘bankrupt.’”
Words matter, and you can’t constantly be on stage trying to be bombastic,” Greenwald said. “The reality is that people are listening and the public doesn’t differentiate when someone is going for style points and when it’s reality.”
Asked by Anonymous at 7:37 PM on Jan. 14, 2011 in Politics & Current Events
Answer by Justmom223 at 7:55 PM on Jan. 14, 2011
yes, words matter and him blaming his states financial problems on the health care bill is quite conveinent.
But anyone who has a brain knows the projections for health care costs and the % they were rising BEFORE the health care legislation was even trying to pass....
He also cost his state by canceling that bridge project....but who;s keeping track?
Answer by sweet-a-kins at 7:56 PM on Jan. 14, 2011
Answer by goodwitch399 at 8:15 PM on Jan. 14, 2011
The N word isn't banned
It was edited by the publisher, you can still but the full text book
Answer by sweet-a-kins at 8:41 PM on Jan. 14, 2011
Answer by LoriKeet at 8:53 PM on Jan. 14, 2011
Answer by goodwitch399 at 9:21 PM on Jan. 14, 2011
Answer by Carpy at 10:21 AM on Jan. 15, 2011