Tag Archive: Governor Christie

What’s Wrong with Our Economy?

April 15th is Tax Day. Many Americans part with their hard-earned cash and send it to the federal or state government in the form of taxes. Many wonder why we owe still more than we already have paid with every paycheck throughout the year and what our latest tax payment will purchase and it just doesn’t seem fair. We work so hard and have so little to spare, but still our government takes about 55 cents out of each dollar we pay to spend on the military, with only 6 cents on education and 3 cents on energy and the environment.

What’s wrong with this picture? The government’s priorities don’t match with what we see as our community’s needs. While there always seems to be more money for war, or expensive fighter plans like the F35s or “modernizing” the B61s, our nation’s oldest nuclear weapons, there never seems to be enough money to maintain the current level of food stamps or government-subsidized health care or a city’s public schools or a county’s community colleges or to create jobs that pay a living wage.

The movement to increase the minimum wage in New Jersey and nationwide continues to grow and receive broader support. New Jersey Peace Action (NJPA) is honoring 15NowNJ at its upcoming Annual Dinner on Sunday, April 19th because of 15NowNJ’s ongoing efforts to persuade New Jersey’s public officials to increase the state’s minimum wage to $15 an hour.  15NowNJ held five events in New Jersey on Tax Day, joining more than 60,000 low-wage workers, unions, community groups and allies nationwide calling for a $15/hour minimum wage and the right to unionize.  

The work to raise the minimum wage closer to a living wage and a shift from a war economy to a more peaceful one is essential in creating a more inclusive economy. Economist Richard Wolff, featured speaker at NJPA’s Annual Dinner, (www.njpeaceaction.org/drupal/dinner2015),  will address both in “The Economics of War: Endless Violence, Peace and the Economy.”

“Because when you look at what families like that can actually afford, they have to deny huge parts of the American dream to their children and to themselves as a necessary consequence of where they are put,” writes Wolff.

“And I don’t need to be an economist to put it as starkly as I know how. We can read every day that in the major cities of the United States, apartments are changing hands for $10 million, $20 million, $30 million, $40 million. People have enormous yachts that they cruise — we all see it. We all know it. We even celebrate it as a nation. How does that square with millions of people in a position where they can’t provide even the most basic services and opportunities?

We don’t have equality of opportunity. Because there is no shortcut. If you want equality of opportunity, you’re going to have to create equality of income and wealth much closer to a genuine equality than anything– we’re going in the other direction.”

Governor Christie’s comments at a U.S. Chamber of Commerce meeting, published in the 10/21/14 Talking Points Memo (http://talkingpointsmemo.com/livewire/chris-christie-tired-minimum-wage-debate), reveal much about the politics of this issue in New Jersey. “I gotta tell you the truth, I’m tired of hearing about the minimum wage, I really am…I don’t think there’s a mother or father sitting around a kitchen table tonight in America who are saying, ‘You know honey, if my son or daughter could just make a higher minimum wage, my God, all our dreams would be realized.’

People reacted harshly, wondering if Governor Christie ever thought about how people making the minimum wage survive and how tired they feel trying to pay for their household’s basic expenses on the minimum wage?

In the Daily News of October 21, 2014 (http://www.nydailynews.com/news/politics/christie-tired-hearing-minimum-wage-article-1.1982653) Bill Hutchinson writes that Governor Christie and his wife earned $700,000 in 2013. At the same time, 16.5 million Americans worked for the minimum wage. Christie vetoed a bill in January 2013 to raise NJ’s minimum wage by only $1.25/hour claiming it would harm the state’s economic recovery.  

In the April 14th New Jersey Watchdog.org article by Mark Lagerkvist titled “Christie fails to report income, avoids $152,000 in taxes,”  (http://watchdog.org/211787/christie-avoids-income-taxes/)we learn that because Governor Christie did not declare certain expense allowances on his tax returns, he has purportedly avoided paying approximately $152,000 in taxes over the past four years. While disputed by Governor Christie’s press office, Watchdog.org stands behind the claims made in the article. If proven true, this is one more reason to be skeptical of the governor’s comments on the minimum wage.

Michael Palmieri’s April 10th article in OpEd News “2016 GOP Budget Speaks Volumes” (http://www.opednews.com/articles/2016-GOP-Budget-Speaks-Vol-by-Madelyn-Hoffman-Budget_Budget-Bill_Budget-Deal_Budget-Wars-On-The-Middle-Class-150410-869.html) adds a sobering perspective. “The U.S. is the most unequal developed nation and one of the most unequal nations in the entire world, yet neither plans to raise taxes on the highest income earners or to close corporate loopholes are included in the text. Indeed, the level of inequality we are now witnessing is greater than at any time since the Great Depression. Today, the top 1% of income earners captures 20% of all income and the top .1% own more than 1/5th of the wealth. Millions of Americans are still unemployed or working low wage jobs, yet no jobs program was included.”

It’s time to work for peace and economic justice!  

Governor Christie is trying to move the goalposts again. Don’t let him.

This photo is a derivative work from Peter Stevens under the Creative Commons license.

We’ve begun to hear the latest round of spin from the Governor attempting to change the mostly critical conversation of Christie’s leadership and management over the past six months. In yesterday’s town hall, Christie said the following,

“And the extra billion dollars, billion, that the taxpayers are sending me this year as governor, every penny of that billion dollars is being put into public sector pensions, public sector healthcare, and debt service. Remember, a large part of the debt service that we’re paying are for the Whitman era pension bonds, when they borrowed $2.7 billion to put into the pension and then said, by the way, we’re not gonna pay anything, principal or earnings for ten years, and then we’ll start paying after that. So, you know, I’m like the guy who showed up for dinner at dessert and then everyone who went to go to the bathroom and never came back, and I got the check…that’s fine, it’s the job I ran for, and it’s the job I’ve been elected to twice, and so I’m not complaining about it, but you need to know the facts.”

Practically the only success of this Governor has been his ability to develop and disseminate messaging that deflects blame. He’s trying to do it again here. Did you catch what he did?

Four years after proudly exclaiming that our pension problems were fixed by his bipartisan solution, he is moving the goalposts so others attempting to measure his performance can’t use the same easy metrics he used. Amazingly, six years into his tenure, he is deflecting personal blame onto his predecessors. Six Years! It was only 100 days before Obama’s critics began screaming that he needs to own up to the problem and stop blaming his past. But Christie wants patience and forgiveness through 70% of his tenure.

And his shift here is attempting to completely distract from the real problems he refuses to acknowledge. Christie’s past has introduced budget problems for which there are no easy answers. We’ve known that since before he was elected in 2009. But that is not where Christie deserves criticism. This new message of “blame the past, not me,” allows him to pivot away from very real and measurable problems of the policies he chooses to implement.