{"id":196367,"date":"2019-08-28T10:20:04","date_gmt":"2019-08-28T16:20:04","guid":{"rendered":"http:\/\/dyspepsiageneration.com\/?p=196367"},"modified":"2019-08-28T10:20:04","modified_gmt":"2019-08-28T16:20:04","slug":"we-are-going-up-in-flames-new-jersey-in-worse-shape-than-any-other-state-senate-president-admits","status":"publish","type":"post","link":"https:\/\/dyspepsiageneration.com\/?p=196367","title":{"rendered":"&#8220;We Are Going Up in Flames&#8221;: New Jersey in &#8220;Worse Shape Than Any Other State&#8221; Senate President Admits"},"content":{"rendered":"<p><a href=\"https:\/\/www.zerohedge.com\/news\/2019-08-28\/we-are-going-flames-new-jersey-worse-shape-any-other-state-senate-president-admits\" target=\"_blank\" rel=\"noopener noreferrer\">Read it.<\/a><\/p>\n<blockquote><p>For years, it was conventional wisdom that the most financial challenged state in the US &#8211; whether it comes to overall debt burden, outlays, tax collections, underfunded pension and retirement obligations, or simply credit rating &#8211; was Illinois, followed closely by New Jersey.<\/p>\n<p>However, at least according to New Jersey\u2019s Senate president, conventional wisdom is wrong.<\/p>\n<p>In an interview with Bloomberg, Senator Stephen Sweeney, a Democrat, said that that credit-rating companies may be underestimating the severity of the state\u2019s financial strains by giving it the second-lowest grade after Illinois.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Read it. For years, it was conventional wisdom that the most financial challenged state in the US &#8211; whether it comes to overall debt burden, outlays, tax collections, underfunded pension and retirement obligations, or simply credit rating &#8211; was Illinois, followed closely by New Jersey. However, at least according to New Jersey\u2019s Senate president, conventional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-196367","post","type-post","status-publish","format-standard","hentry","category-tax"],"_links":{"self":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/196367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=196367"}],"version-history":[{"count":1,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/196367\/revisions"}],"predecessor-version":[{"id":196368,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=\/wp\/v2\/posts\/196367\/revisions\/196368"}],"wp:attachment":[{"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=196367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=196367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dyspepsiageneration.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=196367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}