Jersey’s new gov charts all-too-familiar course to disaster
By Post Editorial Board
January 20, 2018 | 10:20pm
*** begin quote ***
New Jersey’s new Democratic governor, Phil Murphy, wants to move his state back to the future — or, more accurately, to the past.
The dismal past, that is, of such predecessors as Jim Florio, Jim McGreevey and Jon Corzine — who unleashed the fiscal woes that have left the Garden State’s economy in tatters and its taxes sky-high.
That’s the takeaway from Murphy’s inaugural address last week, with his vow to produce “the state that leads the nation in progressive policies” and a laundry list of hard-left priorities that surely thrilled the hearts of every Democratic activist and public-union leader in the house.
He promised pot legalization, a $15 minimum wage, “equal pay for equal work” laws, automatic and same-day voter registration, a new state Office of Immigrant Defensive Protection, action to make the rich “pay their fair share in taxes” and, of course, resolution to “stand our ground” resisting President Trump.
(It’ll be interesting to see how he squares that with asking Washington for help funding new Hudson River rail tunnels.)
Among the things Murphy never did mention were answers for the state’s ongoing crises — like pension reform, lowering property taxes, cutting state spending or making Jersey more business-friendly.
*** end quote ***
Well, he did campaign on “rising taxes”. So, the inmates of the Pepuls Republik of Nu Jerzee can’t complain that he “lied”.
The question is how long before he runs out of “OPM” (other people’s money).
I expect that those evil “rich” people and businesses will “abandon ship” as quickly as humanly possible.
Connecticut and Maryland are the poster states for the “wealth escape”.
Why should Nu Jerzee be any different? We can only hope that a tax like the infamous toilet paper one wakes everyone up … … quickly.
# – # – # – # – #