Jon Corzine’s New Paradigm For New Jersey
Jon Corzine will bring a different set of experiences to the office of Governor. He will move the state from a pattern of tax, borrow and spend, to a new paradigm: invest, grow and prosper.Anyone would bring a different set of experiences to the office of Governor and Jon doesn’t identify those experiences that make him uniquely qualified. We have previously written why we believe Corzine is not the right person for Governor of New Jersey and our most recent post on the subject may be read here.
Corzine promises to move the state to a new paradigm (a buzz word beaten to death in the ‘90’s) of invest, grow and proper. The socialist philosophy is not aligned with ours and we believe socialism has long since proven to be a losing economic model. We are not looking for the State (government) to invest, grow and prosper. We want the people of New Jersey to be free to invest, grow and prosper.
Invest, is a euphemism for spending taxpayer’s money, so there’s nothing new there and our concern remains how much more tax money Corzine would like to “invest;” grow, state government is already growing at an unsustainable rate, the people of New Jersey can’t afford any more state growth; prosper, in our book state employees are prospering quite nicely without any additional help from Mr. Corzine.
Corzine believes that growing New Jersey’s economy and creating good-paying jobs cannot and will not happen unless we achieve four important things first: (We will pick up our analysis with the four important things in a later post)The government is incapable of growing an economy or creating private sector jobs - good paying or otherwise. The state can create good paying government jobs, but these jobs do not create wealth, they subtract from the capital available for wealth creation. Every communist government has tried this approach, as have the socialist countries in Europe with disastrous results. So there’s no need to repeat those mistakes in New Jersey.
The government can create a climate that ranges from hostile to favorable towards business and economic growth. A look at Corzine’s Senate record and ratings by various business and consumer groups complied by Project Vote Smart, do not inspire confidence in Corzine’s philosophy or record for economic growth.
Corzine received 27 ratings ranging from a high of 50% to a low of 0 %. We believe this would be considered an “F’ under anyone’s grading scale, even in New Jersey. There is nothing in Jon Corzine’s record to suggest he would be successful in growing New Jersey's economy or as we would say, creating a pro growth climate in the state.
Small business is the great job creating engine in the United States. For the years 2003-2004 the National Small Business Association rated Senator Corzine 0% (zero) and the Small Business Survival Committee gave Corzine a 20%. (We will continue this area of research and report any additional information.) To date, here are the findings:
2004 U.S. Chamber of Commerce 47 %
2004 Small Business Survival Committee 20 %
2003-2004 National Association of Manufacturers 9 %
2003-2004 National Federation of Independent Business 0 %
2003-2004 Business-Industry Political Action Committee 4 %
2003-2004 National Retail Federation 12 %
2003-2004 Associated Builders & Contractors 10 %
2003-2004 National Small Business Association 0 %
2003-2004 National Restaurant Association 14 %
2003 National Retail Federation 12 %
2003 Associated Builders & Contractors 0 %
2003 Business-Industry Political Action Committee 4 %
2003 U.S. Chamber of Commerce 27 %
2003 National Federation of Independent Business 0 %
2002 National Stone, Sand & Gravel Association 36 %
2002 American Coalition for Ethanol 0 %
2002 U.S. Chamber of Commerce 50 %
2001-2002 Associated Builders & Contractors 22 %
2001-2002 National Federation of Independent Business 25 %
2001-2002 Small Business Survival Committee 0 %
2001-2002 Business-Industry Political Action Committee 0 %
2001-2002 National Association of Manufacturers 0 %
2001 National Federation of Independent Business 17 %
2001 U.S. Chamber of Commerce 36 %
2001 National Stone, Sand & Gravel Association 40 %
2001 Small Business Survival Committee 0 %
1999-2004 National Ready Mixed Concrete Association 20 %