"Knowledge will forever govern ignorance

 and a people who mean to be their own governors

 must arm themselves with the power which knowledge gives."

Monday, October 31, 2005

State Spending and Taxes are Driving Jobs from New Jersey

Out of control spending and taxes in New Jersey are having serious consequences for the state’s economy and job base.

During the past four years, New Jersey lost 125,000 jobs in the four highest-paying sectors -- finance, information, manufacturing and business services, said Rutgers economist James Hughes. During the same period, the state gained 112,900 jobs in the below-average-pay sectors of leisure and hospitality, education and health services.

New Jersey is often described as a "'knowledge economy," and its large, fluid, well-educated, skilled work force is often invoked as the saving grace that compensates for an absurdly high cost of housing and an overstretched transportation network.

But overall job growth here lags relative to the nation's; hence our "'competitive position is being eroded," says Rae Rosen, senior economist at the Federal Reserve Bank of New York.
Why is New Jersey losing good paying jobs? Because the leaders in Trenton have been listening to people like John Shure, who heads the Trenton liberal think tank New Jersey Policy Perspectives:

"New Jersey has the highest median household income in the country, and that could not happen if this were a barren wasteland in terms of its hospitality to business," he said. "The changes in the corporate business tax are finally requiring business to pay their fair share."
Businesses don’t pay taxes, people do. The cost of taxes placed on businesses and business owners are passed onto customers in terms of higher prices for the firm's goods and services; the reduction of funds available for business expansion; and in lower employee salaries and fewer jobs. When business taxes and the cost of government red tape reach the point where businesses are no longer competitive, firms are driven out of the state or out of business. In either case jobs are lost.

It is not possible to tax a state, or a country for that matter, into prosperity. This is a concept lost on John Shure, the present crew in Trenton and on Jon Corzine. Invest, prosper and grow is a great slogan, but should refer to the people of New Jersey and not to the government of New Jersey. Corzine expansive list of new state programs may sound visionary to “progressives”, but don’t be fooled. The more the state spends, the more people will be taxed and the more good paying jobs that will be lost in New Jersey.

More of the same is what Jon Corzine offers – greater spending, higher taxes and lost jobs. Doug Forrester offers real change – state spending and tax polices designed to reverse the state’s downward spiral to benefit all New Jersey residents.

Update: Please not the name is Jon Shure and not "John Shure" as the name appreared in the Star-Ledger article cited in this post.


At 11:26 AM, Anonymous Jon Shure said...

For the record, my first name is spelled Jon.

At 11:38 AM, Anonymous Anonymous said...

Also for the record, Enlighten doesn't understand Econ101.

At 11:45 AM, Blogger Enlighten said...


Care to tell us where you think we went wrong? Or are you under the impression a state can tax citiizens into prosperity?

At 11:03 AM, Blogger Media In Trouble said...

in 1886 in Santa Clara County v. Southern Pacific Railroad Co. Corporations were granted the same rights as individuals.

Thus if individuals must pay taxes and corporations are equal under the constitution, then they too should pay taxes.

If they don't then perhaps they shouldn't have these rights.

PS. Where is this video tape you have been promissing? I believe it was October 27th when you said it would be 48 hrs till revelation time. That would put you at 2 days late.

At 12:17 PM, Blogger Enlighten said...


You missed the point. After all is said and done, businesses whether in the form of a corporation, sole proprietorship, etc. pass on the “cost of taxes” to customers. It’s just one piece of their cost of doing business – like the cost of raw materials, labor, utilities, rent etc. and is included in the prices charged to consumers for goods and services.

When costs,in this case taxes, can’t be passed on to the consumer as a result of competition from lower priced producers, other action is taken by the business including, the lowering of labor costs through wages or job reductions and finally moving or closing the business.

If personal income and sales taxes were abolished and only businesses were taxed, what do you think would happen to the price of goods and services? Would they increase, decrease or stay the same? What would happen to the competitiveness of American businesses? What would happen to jobs? Get the picture? This is what is happening to businesses in New Jersey - higher business taxes equal higher prices and fewer jobs.

As to the tape, our source made it pretty clear in the quotes we posted from the source- “This story could break wide open any day. It’s not a question of if, but when.” and “The only question is whether we find out about this before he's governor, or after.”

At 12:50 PM, Blogger Counter Trey said...

Another item that should not be overlooked is the Governor's increase in the minimum wage. Codey jacked it over 19% on October 1 and the law he signed will jack it another 16% next October 1.

New Jersey's minimum wage will be 39% higher than the rest of the country. That's a great job creation plan for NJ. First, sign an income tax bill that punishes the state's most productive workers and makes New York a tax haven, then sign a bill that will make it more difficult for unskilled workers to get a job and develop some skills.

I have lived in this state in all but the first two of my 44 years; I've created businesses here and recently started a business that has excellent potential, but when my father passes away I'm moving out of the state unless there is a dramatic change.

At 5:16 AM, Anonymous Alger said...

synonym dictionary
flowers pictures
simple recipes
simple recipes
real estate agents
diamonds clarity
divorce quotes
English to French translation
healthy dinner recipes


Post a Comment

<< Home

 Contact Us

  • Email Us
  • Blog Roll Us!



  • Atom Feed
  • Bloglines
  • Feedburner
  • Feedster
  • Add to Google
  • Add to My MSN
  • Add to My Yahoo
  • News Is Free

    Recent Posts

  • Star-Ledger Endorses Doug Forrester For Governor
  • Carnival of the New Jersey Bloggers # 24
  • DynamoBuzz To Host Carnival
  • It's For The Children
  • Will Corzine Trip?
  • The Corzine Tape
  • The Jury’s In On 1993 World Trade Center Bombing
  • AG: Forrester’s Campaign Contributions Okay
  • Newark Weekly Rip off
  • Corzine's Next Scandal?


  • November 2004
  • December 2004
  • January 2005
  • February 2005
  • March 2005
  • April 2005
  • May 2005
  • June 2005
  • July 2005
  • August 2005
  • September 2005
  • October 2005
  • November 2005
  • December 2005
  • January 2006
  • February 2006
  • March 2006
  • April 2006
  • May 2006
  • June 2006
  • July 2006
  • August 2006
  • September 2006
  • October 2006
  • November 2006
  • December 2006
  • January 2007
  • February 2007
  • March 2007
  • April 2007
  • May 2007
  • June 2007
  • August 2007
  • September 2007
  • October 2007
  • November 2007
  • December 2007
  • January 2008
  • February 2008
  • April 2008
  • November 2008
  • January 2009
  • August 2009
  • September 2009
  • February 2012

    Online Journals

  • National Review

  • Opinion Journal

  • Real Clear Politics

  • Weekly Standard

  • Blog Roll

  • A Blog For All
  • Althouse
  • Ankle Biting Pundits
  • Barista of Bloomfield Avenue
  • Betsy's Page
  • Blue Crab Boulevard
  • Blogs For Condi
  • Bob the Corgi
  • Brainster's Blog
  • BuzzMachine
  • Captain's Quarter's
  • Cinnaman
  • Coalition of the Swilling
  • CWA-NJ
  • Dino's Forum
  • Daily Mail
  • Don Surber
  • DynamoBuzz
  • eCache
  • Exit 4
  • Fausta's Blog
  • GOP Bloggers
  • Instapundit
  • Joe's Journal
  • Kate Spot
  • Kausfiles.com
  • Little Green Footballs
  • Michelle Malkin
  • More Mnmouth Musings
  • Parkway Rest Stop
  • Patrick Ruffini
  • Polipundit
  • Power Line
  • Right Wing News
  • Roger L. Simon
  • The Blue State Conservatives
  • Riehl World View
  • Red Jersey
  • Right, Wing-Nut!
  • Sid in the City
  • Tiger Hawk
  • The Truth Laid Bear
  • Tim Blair
  • Wizbang

  • Sid in the City

    Majority Accountability Project


    New Jersey Blogs


  • 11th and Washington

  • A Blog For All
  • A Planet Where Apes Evolved From Man?!?
  • Armies of Liberation
  • Atlantic Highland Muse
  • Attack of the 15.24 Mete

  • Barista of Bloomfield Avenue
  • BeLow Me
  • Big Windbag
  • Blanton's and Ashton's
  • Blue State Conservatives
  • Burning Feathers
  • BuzzMachine

  • Clifton Blogs
  • Coalition of the Swilling
  • Cobweb Studios
  • CoffeeGrounds
  • Constitutional Conservative
  • Confessions of a Jersey Goddess
  • Corzine Watch
  • Crazy Jackie
  • Cresting Acrocorinthus
  • Cripes, Suzette!

  • Daniella's Misadventures
  • Did I Say That Out Loud
  • Dojo Mojo
  • Dossy's Blog
  • Down the Shore
  • DynamoBuzz

  • eCache
  • Enlighten-NewJersey
  • Eye On Hoboken
  • Exit 4
  • Exit Zero
  • Extreme-Psychosis

  • Fausta's Blog
  • Fausti's Book Quest
  • Fractals of Change
  • Frenchtown NJ Blog

  • GiggleChick
  • Gregg Gethard's Amazing Personal Journey
  • goethe re scape

  • Hoboken Rock City

  • IamBillPower
  • If this is paradise, I wish I had a lawn-mower
  • Imaginary Therapy
  • Inadmissible Evidence

  • Jersey Beat
  • Jersey Perspective
  • Jersey Side
  • Jersey Style
  • Jersey Writers
  • Joe's Journal

  • Karl's Corner
  • Kate Spot

  • Laughing At The Pieces
  • Likelihood of Confusion
  • Liss Is More

  • Mamacita
  • Mary's Lame Attempt at Fame
  • Media in Trouble
  • Michael Carroll
  • Mister Snitch!
  • MucknMire
  • My Life as a Rabid Blog
  • My New Jersey

  • New Jersey Eminent Domain Law
  • NJ Conservative
  • NJ Fiscal Folly
  • New Jersey For Change
  • New Jersey Weblogs
  • NJ Spoken Word
  • Northeast Corridor

  • Parkway Rest Stop
  • Philly2Hoboken.com
  • Poetic Leanings
  • Poor Impulse Control
  • Professor Kim's News Notes
  • Property Tax NJ

  • Rain Angel
  • Riehl World View

  • Shamrocketship
  • Shipwrecks
  • SloppyDawg
  • Sluggo Needs a Nap
  • SmadaNeK
  • Static Silence

  • Tami,The One True
  • Tammany on the Hudson
  • Tequila Shots For The Soul
  • The Art of Getting By
  • The Center of New Jersey Life
  • The Daily Fry
  • The Duc Pond
  • The Jersey Shore Real Estate Bubble
  • The Joy of Soup
  • The Mark(ings) of Zorro
  • The New Wisdom
  • The Nightfly
  • The Opinion Mill
  • The Pink Panther
  • The Political Dogs
  • The Rix Mix
  • This Full House
  • Tiger Hawk
  • Tomato Nation
  • Toxiclabrat
  • Twisty

  • Unbillable Hours
  • Usdin.Net

  • Where Is The Remote
  • Wine Goddess

  • Xpatriated Texan

  • Links

  • NJ Governor
  • NJ Legislature
  • Bob Menendez Information

  • Blog Rings

  • Blog Explosion
  • Blog Directory
  • Blogsnow
  • Blogwise
  • Blogstreet
  • Blogshares
  • Blogarama
  • Blog Digger
  • Daypop
  • Globe of Blogs
  • Blog Search Engine

  • Ecosystem Status

  • Who Links Here