The New Jersey primary is over, (with the exception of the special August primary) so where do you stand on the candidates? In what is shaping up to be a landside re-election for Governor Christie we do now have some added drama. The cost of his plan to run the special election for Senate in October, that Christie has stated he doesn’t care of the cost. And why would he want to be knocked from the top of the ticket? Those dreadful Democrats will come in the thousands and he cannot risk that now can he? So for an extra $20 million that the state can easily afford we will be asked to go to the polls twice. Unless the State Supreme Court gives the October election a thumbs down.
What seems to be largely absent from the conversation for governor (on the Republican side), THE ECONOMY. Unemployment is still very high, 8.7% and we have heard from Governor Christie that we are turning the corner. The corner being 9% making his statements true but still very poor. The true measurement of economic health would be the states Gross Domestic Product (GDP). The end of last year ranks New Jersey 47th in the country, only ahead of Alabama, Mississippi and Wyoming. The Wall Street Journal reported in November 2012 New Jersey’s economic output shrunk by .05% in 2011.
The future does not look good. In April 2013 Rutgers put out an article on the forecast for New Jersey. According to their findings employment will not regain its 2008 levels until mid-2017, as job growth will be at 0.9% annually. The biggest growth will be in the service sector with 80% of all new jobs (also the lowest paying).
It is all in the numbers and those numbers are dismal ones. Last year under Christie job growth was less-than the year prior. Jobs that were created were found to be the largest in retail and service. A shrinking GDP. The state is a mess and the voters better get reading and find out what economic plans Democrat Barbara Buono has. We know what we have in Christie, the numbers are difficult to ignore.