Monthly Archive for New Jersey
New Jersey Stories Posted in December 2007
TOPIC OF THE DAY: Budget gimmicks
Category: Initiative and Referendum · State: New Jersey · Source: Asbury Park Press
Gov. Corzine's asset monetization scheme is a folly of biblical proportions. Paying off past debt by borrowing against future income is foolish, particularly when that income is generated by increased taxes or fees imposed upon already overburdened taxpayers.
Opinion: Modified I&R could work
Category: Initiative and Referendum · State: New Jersey · Source: nj.com
Another election season is over, and the status quo in Trenton is pretty much intact. Yet the ballot questions showed that voters are clearly not content. Rather, people feel that they have no real ability to influence the direction of state government. Districts are carved to protect incumbents. Choices seem without consequence; neither party in Trenton has been able to deliver property tax reform or bring truly thorough and efficient education to our cities. The legislature is overly influenced by special interests, the courts step in with mandates, and the people feel they have no ability to bring about needed change. They feel that all they can do is send a message of discontent by voting "no" on more debt or more fiscal gimmicks.
Other Monthly Archives for New Jersey
- December 2007 (2)