Christie’s “Jersey Comeback” Becomes “Christie’s Blowback”

“On the road again

Goin’ places that I’ve never been

Seein’ things that I may never see again

And I can’t wait to get on the road again”

       – Willie Nelson

While Governor Christie has been “on the road again,” and again, and again, what he hailed as the “Jersey Comeback'” is now the “Christie Blowback” – instead of propelling himself and us forward we are traveling in the opposite direction.

Some facts:

  • 1 in every 1,842 NJ housing units received a foreclosure filing in April 2012. (RealtyTrak)
  • Unemployment is at 9%. (U. S. Bureau of Labor Statistics)
  • Net property taxes are 20 percent higher under Christie than they were when Democrat Jon Corzine left office two years ago. (NJ Spotlight)

  • Tax revenues through April are $230 million below the forecast for the first ten months of the current fiscal year. (State Department of Treasury)

  • Christie administration is now facing at least a $121 million shortfall in energy tax collections atop the $230 million shortfall revealed on Tuesday. (Assembly Budget Chair Vincent Prieto)

  • Christie administration and the nonpartisan Office of Legislative Services are now about $850 million apart on revenue projections through fiscal 2013. (estimate of Senate Budget Chair Paul Sarlo)

  • The state’s seasonally adjusted job count fell by 8,600 in March. In the private sector, the loss totaled 11,600. (Treasury Department Chief Economist Charles Steindel)

  • Our Indexes of Coincident Economic Indicators (CEI) for March show economic activity grew at a robust pace in New York State, a healthy clip in New York City but a diminished pace in New Jersey. (Federal Reserve Bank)

    Please Governor, less road action and more home action. What we all need is a comeback not a blowback.  

  • Comments (3)

    1. sandy23

      the same approval ratings if more New Jerseyans had this information?  The Emperor has no clothes

      Reply
    2. Bill Orr (Post author)

      According to today’s data from the NJ Department of Labor, unemployment in April increased from 9.0% to 9.1%, signaling that more people are actively looking for jobs. The number of new jobs in April were insufficient to reverse the March loss mentioned in the above diary.

      More blowback – no comeback.  

      Reply

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