What’s Happening Today Wed. 10/23/2013

Christie’s financial mismanagement: One of the lingering effects of the shutdown is a lack of access to current federal data. The Federal Election Commission’s website, for example, indicates, “We are working to bring this section back online as quickly as possible.” The U. S. Bureau of Labor Statistics as of now can only tell us unemployment rates in the states through August. Nonetheless, we don’t need current federal data to show that Christie’s financial stewardship has been a disaster.

We looked to NJ data where our state has reported on the revenue it has received. In September the State failed to meet its Revenue Budget of $2,557,400,000 by $(37,983,000). In the first three months of the new budget year (July-Sep) it likewise failed to meet its budget of $4,598,200,000 by $(62,040,000). One might think that with a gubernatorial election to be held on Nov 5, and September data to be available in late October the Governor’s officials might have budgeted cautiously in order to present a picture of meeting its budget at election time. Maybe they did, but their projection was flawed, and what we see now might be a harbinger of further failures in meeting their targets. We also know that the state saw a drop of 10,700 jobs in July, and 1,500 in August. Also, the most recent unemployment data we have for N. J. is for August at 8.5%, as compared to 8.1% for CT, 7.5% for DE, 7.6% for NY and 7.7% for PA.

Christie’s administration has been replete with failures in meeting budgets, lowering unemployment, and strengthening the economy. Today’s Rutgers/Eagleton poll concludes, “Voters remain persistently negative toward Christie’s efforts on what they perceive as the two most important issues facing the state, the economy and taxes.” It’s time for a new governor.

PUBLIC SCHEDULES

Buono/Silva gubernatorial campaign: Barbara Buono: Due to a scheduling conflict, the press conference on gun violence at Ewing Cemetery has been postponed;  Milly Silva: 7:00pm, Cumberland County Democratic Leaders’ Reception, New Jersey Motorsports Park, 8000 Dividing Creek Rd., Millville.

Christie/Guadagno gubernatorial campaign: Chris Christie: 1100am, groundbreaking ceremony, the Keasbey redevelopment site for Competitive Power Ventures, Woodbridge Energy Center, Woodbridge;  Kim Guadagno: 6:30pm, speaks at the Cape May County Chamber of Commerce annual dinner, the Wildwood Convention.

9th LD Debate – Republican Incumbents vs. Democrats: 6:00pm, for Senate: Chris Connors (R) vs. Anthony Mazzella (D), and 7:00pm: for Assembly: Brian Rumpf (R) and Dianne Gove (R) vs Peter Ferwerda III (D) and Christopher McManus (D), both events at The Richard Stockton College, Campus Center Theatre, Galloway.

Open thread: Add an event taking place today of interest to our readers, or email items for this column the evening before to BillOrr563@gmail.com

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