Murray Sabrin Announces He is Escaping New Jersey

Murray Sabrin writes to New Jersey Star-Ledger columnist Paul Mulshine:

Wonderful  column today.  I told the voters back in 1997 during the three gubernatorial debates...you don't borrow to fund the pension plans.  It is fiscally irresponsible.  The reporters covering the campaign dismissed my warnings.  So much for sound political reporting. After all, what does a finance professor know about finance?

The Murphy debt bomb is one of the reasons we are relocating to FL by the end of the year.  Many more will follow.  I predicted the exodus 20 years ago.  Now it will accelerate.  The shit is going to hit the fan and the state economy could be in a death spiral for many years.  What company will want to relocate here given that taxes will inevitably rise in the 2020s?  Talk about the knuckleheads in Trenton.

Getting back to finish my book on how to create universal medical care at a fraction of today's $3.6 trillion national medical bill.

RW note:  Before you guys go into shock over Murray's "universal medical care" plan, wait until you hear it.😁