Posted on

Reader says competitive global issues are not the responsibility of the towns taxpayers to fix

amazon_theridgewoodblog

We have flogged the tired horse that is the small business ills of their business plans and exactions of second seating ln on peak business volumes ,general growth of their small to medium sized businesses.
Not one business is safe from the risks of completion ,social change,consumer trends and e commerce and Amazon and big box store
massive parking and long hours all of which creates even more competiton..even the big box stores face virtual competiton of Amazon,Walmart,Clothing and other E retailers.
These competitive global issues are not the responsibility of the towns taxpayers to fix with massice cap ex for comuter and shoppers raised garages .Local. shoppers circle the district and park and walk where we can and get out of our cars and get some needed exercise.
no store owners your parking excuses are killing the taxpayers patience and the towns budgets if we build some half pint Garazilla
Amazon and E commerce won’t stop their charge and e should Mill Pave
reconstruct always and install Parking Kiosks in the existing surfed lots.
How long must this debate go on. PS The town businesses do not intend to modify their employees parking habits.lits first come and first serve like everything else in life.ll

Posted on

How the lottery can help fix N.J.’s ailing pensions system

Lottery_theridgewoodblog

By Samantha Marcus | NJ Advance Media for NJ.com
on March 01, 2017 at 9:31 AM, updated March 01, 2017 at 4:31 PM

TRENTON — Gov. Chris Christie used his budget address Tuesday to take a final stab at saving government worker pensions, proposing to dedicate revenues from lottery ticket sales to the distressed fund.

Christie suggested the state transfer the lottery to public pensions to provide a dedicated source of revenue and dramatically reduce the amount actuaries say the state owes.

Christie said pledging the lottery as an asset to the pension fund would have “the same effect as a cash infusion,” slashing $13 billion from the pension fund’s $66.2 billion in unfunded liabilities.

“This would also significantly reduce the amount we have to pay into the system every year out of the general fund,” he said. “If implemented correctly, this action would not only increase the value and stability of our pension funds immediately, but it would also please bond investors and credit rating agencies.”

https://www.nj.com/politics/index.ssf/2017/03/christie_wants_another_chance_to_fix_public_pensio.html#incart_2box_nj-homepage-featured