N.J. credit rating cut record ninth time as Moody’s cites pension shortfall
TRENTON — Moody’s Investors Service has downgraded New Jersey’s debt rating, dealing the Garden State its record ninth ratings cut since Gov. Chris Christie took office. The ratings drop by one notch, from A1 to A2, on $32.2 billion worth of bonds underscores the state’s “weak financial position and large structural imbalance, primarily related to continued…
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no way to get around that and say you’re going to be able to fix the national debt/ deficit. GET OUT NOW, sir..