Christie’s Economic Policies: A Disaster for New Jersey

As Christie campaign’s across the nation, property taxes are eating up a larger share of family income in New Jersey

Republican Gov. Chris Christie is basking in the national spotlight while actively campaigning for the job of VP on Romney’s ticket.  In his absence from New Jersey our state is in dire economic decline and our governor does not appear to notice or care.

Christie is busy trying to paint the state's black economic picture white by spinning a tapestry of fiscal fantasy. But there is a point where realty becomes unavoidable and no amount of bombastic rhetoric will hide the dismal truth that New Jersey is in trouble as the result of Christie’s failed economic policies.

As Christie campaign’s across the nation, property taxes are eating up a larger share of family income in New Jersey. In fact, net property taxes are 20 percent higher under Christie than they were 2 years ago when he became governor. With property tax credits and rebates included the average New Jersey homeowner paid $7,519 in net property taxes last year, up from $6,244 in 2009 according to statistics released by the State Department of Community Affairs. A significant part of the problem is that New Jersey is the only state other than New Hampshire where local property taxes are higher than state income, sales and corporate taxes combined.

The March 2012 unemployment figures released by the Bureau of Labor Statistics add to New Jersey’s economic distress under Christie. New Jersey’s state unemployment rate is still at 9 percent, far higher than the national average of 8.3 percent. Our unemployment rate is even more dismal when compared to surrounding states, while we remain above 9 percent, Maryland’s unemployment rate is 6.6 percent, Delaware 6.9 percent, Connecticut 7.7 percent, Pennsylvania 7.5 percent, and Virginia at 5.6 percent; no wonder Christie is looking for a job in Washington, DC.

Our state’s high unemployment figure is directly related to the fact that New Jersey’s housing market continues to fall. According to the housing index from online marketplace LendingTree LLC, New Jersey’s housing market ranks near the bottom in the nation due not only to unemployment rate but also rate of foreclosure, home vacancies, loan to value ratio, and equity. In the LendingTree index, New Jersey was 47 out of 49 geographies in the nation, ahead of only Florida and Nevada.

New Jersey homeowners need to remove their blinders and see the economic crisis that has been the true result of Christie’s failed economic policies, as Truman said, “The buck stops here." And here for New Jersey is on Governor Christie’s lap.

Christie needs to worry less about his personal political future and more about the economic future of New Jersey families.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

neutron man May 03, 2012 at 05:06 PM
and hats off to the clueless mother who took her son out of school on the state testing day to go listen to another christie speech. of all days to miss school and christie makes a photo op by giving the kid an excuse note . christie the gift that keeps on giving
neutron man May 03, 2012 at 05:10 PM
and george using words like "dope" and " loon " violate the patch's terms of policy i,m surprised the patch would allow such hatespeak on here. tsk tsk gb shore what would mrs bailey think?
Cosmo May 03, 2012 at 05:28 PM
I am pretty sure the committments were there before Christie & Cuomo were elected, so how could you blame them for scheduled toll increases to cover committments someone else made? The driving force behind the PA toll increases was to fund the cost overruns on the world trade center and 9/11 memorial. We are now at 13 billion for a couple of buildings and a memorial. Who is to blame for these rediculous costs? Look at your neighbor who always seems to be home by 2:00 and works "construction", look at the 26 year old driving a bentley who's dad is a union "delegate". And don't forget the "master mechanics" that are on "24" hour duty for every crane in the tri-state area at a cost of $495,000 per man. The list goes on and on in our entitlement society. So blaming 2 men who are trying to make a difference is borderline insane.
neutron man May 03, 2012 at 05:39 PM
cosmo you are clearly in the same bubble as bing bong, gb and others. yes cosmo its the guy who is driving to work at 4 am to make a 6 am start in construction thats the problem. if your math is anything like your spelling you would realize that that is 7 hrs worked to get home at 3 pm. $495,000 for a crane operator? what fantasy planet does that happen on? most crane operators are out of work because construction is still hurting from the bush recession..try reading cosmo instead of watching fox news and listening to limbaugh. cosmo is a good name for you. its the same as kramer's first name on seinfeld and you make just as much sense
Cosmo May 03, 2012 at 05:50 PM
Neutron, guess you can't read either. Get your head out of the sand. Its the guy that sits in a bar from 9 am to 1:00 and gets paid to do nothing. the master mechanics that are required by union contract on every crane cost the job 495k +benefits. think construction is slow, go drive thru manhattan. you have no clue.
neutron man May 03, 2012 at 06:23 PM
cosmo why dont you channel your hate into reading instead? you think construction is easy? you think that buildings get built by themselves while the workers are in the bar? i think youre more than confused you should look into the bankers and wall st types who took $8 trillion of our tax dollars and rewarded themselves with $80 billion in bonuses who sit in vip clubs drinking $500 bottles of vodka while betting with our money on the economy instead of some working stiff getting up at 3 30 am on 5 degree mornings to drive to work. its clear that you are listening to too much rush limbaugh to form any thoughts of your own or any thoughts for that matter.the wait time to get called between construction jobs in manhattan is between 6 and 11 months . just because you drove to the city for the first time and saw 3 skyscrapers going up doesnt mean everyone is working. you have no clue how many men carpenters , steamfitters etc one building takes . another boob who has no clue of what he's talking about and never spent a day in the business he is trashing. whats next from you financial and medical advice?
proudnot2bliberal May 04, 2012 at 07:56 PM
Yes tony youre right lets not confuse these idiots with FACTS & TRUTHS like the house & senate in NJ are in a dem majority & Christie has been barely been able to get what he has done done. for ruffus I supported Steve Lonegan BUT you have to remember this is the peoples socialist republic of NJ do you really think Lonegan would have been able to get anything more done with a dem majority as stated above?
proudnot2bliberal May 04, 2012 at 08:01 PM
"I guess Bob decided he couldn't keep defending Obama any longer without looking completely ridiculous so he decided to start going after Christie." LOL LOVE IT!!!!!!!!!!!!!!! Bob is your typical biased partisan leftwing anti American/capitolist "reporter". So bob how many times a day do you light the candles at your oboma alter? Remember these LIEberal pinheads are still trying to rewrite history telling us carter was a great president & Reagan was bad.
proudnot2bliberal May 04, 2012 at 08:03 PM
jen youre a proud product of the failed public schools. its blowhard.
proudnot2bliberal May 04, 2012 at 08:13 PM
RE: Diogenes Why is it Christies fault? these same LIEberals who always claim to be for the little guy & always claim that schools, police & other emeregncy service are essential aer teh 1st ones to cut these essential programs while keeping the political croanies & pork barrell projects alive? The real problem in many schools, state & local government is the number of adminsitrators! Many are "politically connected" croanies & out right idiots who if they worked in the "real world" would have been fired if not demoted. As for bob remember patch is owned & operated by far left zelot arianna huffington. you know leftist LIEberal who made millions with the huffington post & refused to pay her reporters & bloggers... again so much for the LIEberal being for the little guy
proudnot2bliberal May 04, 2012 at 08:15 PM
RE: Diogenes "Pardon you, your racism is showing again. Pull up your pants." typical LIEberal when they cant argue facts its insult & play the race card
Securevelope May 04, 2012 at 08:19 PM
Bob's typical MO with articles and [not] owning up to his words is cut and run. He gives the obligatory reply a couple of times and then bails. Probably at his desk right now finding ways to contort, twist, misconstrue, and best of all, conjure another one sided story. I get a kick out of him. Always avoiding, always dodging direct questions. Both parties stink, but you'll never see the truth or a non biased story from ol' Bob! In his mind, the far left fly on gossamer wings.
proudnot2bliberal May 04, 2012 at 08:19 PM
BLINDERS! Hes got his head so FAR UP his butt he heas ring around the collar
Frank May 05, 2012 at 03:31 PM
Who's trying to live the past here? Its time for accountability! "A duty dodged is like a debt unpaid; it is only deferred, and we must come back and settle the account at last."
Diogenes May 05, 2012 at 06:08 PM
The preposterous "dialogue" in these blogs makes one wonder if this is a blog for the mentally incompetent.
Mr. McMurphy May 05, 2012 at 06:54 PM
What are you talking about? They all seem perfectly normal to me. ...
George Johnson May 05, 2012 at 07:07 PM
Patch having this on it's NJ home page is just another example of their liberal favoritism. They just can not help themselves by running "news" that smears conservatives. Patch must think American's are really stupid and will not recognize their clear favoritism of the left. Keep up the "good" work Patch and soon all your staff will add numbers to the real unemployment rate of that is much higher that the 8.1% that Obummer thinks is good enough.
Gerard Gibson May 06, 2012 at 01:22 PM
The State of New Jersey will never economically viable until someone kicks out the Unions! Republican or Democrat in charge doesn't matter as long as those parasites are running the show from behind the scenes! Everyone "should" be supporting a "Right to Work" initiative. If that ever happens, see how fast your tax situation improves!!!
Bob Griffiths May 06, 2012 at 06:00 PM
Quote directed at me: “Probably at his desk right now finding ways to contort, twist, misconstrue, and best of all, conjure another one sided story”. This comment made me laugh. Well, I am at my desk writing, so that part is correct, although it’s not hard to point out the hypocrisy and of far right today. Conservatism in America is no longer the political movement of sincere, thoughtful, leaders such as Ike Eisenhower, William F. Buckley Jr., or Ronald Reagan; instead it has become the shelter for neo-conservatives with pseudo knowledge of history that only goes back to 2008. I think a water shed moment for the demise of the conservative movement occurred when Sarah Palin could not name a single newspaper she consumed, maybe she said that because she didn’t know if the National Enquirer was a newspaper or a magazine. But then there is always Fox News? The way I see it the Huffington Post leans to the left, but Fox lies to the right. I can’t wait until tomorrow, because the conservative movement’s lack of common sense is the gift that keeps on giving to Progressives in America.
Securevelope May 06, 2012 at 06:06 PM
Yeah, the whole conservative think tank relies on Sarah Palin. How do you figure New outlets have anything to do with what the commentators on this thread gain knowledge from? Whatcha working on now Bob? Give us all a clue so we can watch Fox News for our political learnin' so we can comment our ignorant thought to you.
Securevelope May 06, 2012 at 07:11 PM
I must add on to my above post. Bob, that comment was not directed at you - it was directed at "It's 5 o'clock somewhere". It was about you, but not TO you. You honestly have a comprehension problem and your reply about what I said proves it. Hey Bob, please can you answer a sincere question for me? Honestly too. What makes having the government have more control of our lives better for us than leaving our own lives to us?
Bob Griffiths May 06, 2012 at 07:51 PM
OK, a reasonable question, but a little too general, for example, are you referring to control of our economic system, as in laissez-faire vs. government intervention in economics, or do you mean government control of social values , such as the recent debate dealing with government authority over women’s rights?
Securevelope May 06, 2012 at 11:41 PM
It's generalized because the whole Progressive 'movement' is more of a collectivist movement. So far, they aim to control every aspect of one's life and share and share alike. How is that better than what our Founding Fathers laid out for us in the Constitution and our Declaration of Independence?
Securevelope May 06, 2012 at 11:42 PM
Edit to add: The whole Progressive idea is more government compared to how I was raised to not trust government and less of it is better for me.
Bob Griffiths May 07, 2012 at 12:52 AM
When in a debate, if the opposition requests specifics and all you can offer is "generalities" it is an indication that you do not have sufficient background or knowledge to discuss the topic. Don't waste my time.
Securevelope May 07, 2012 at 12:17 PM
You should be a politician Bob. You always find a way to wheedle out of answering. And slinging insults? How very generous of you. You may go back to your desk and fabricate more crap now.
Securevelope May 07, 2012 at 12:18 PM
Oh and just so you know, my question was not to debate, I wanted to know why you thought big government was better than small. Not too hard to understand. Does anyone else understand my question? I bet many do.
Blue Anchor Guy May 10, 2012 at 01:29 PM
Mr. Griffiths...typical of liberal misdirection...suggesting Sarah Palin represents the foundation of the "conservative movement" in this country. That's precisely why the liberals haven't had an original thought in decades.
Typical Obama Voter July 08, 2012 at 06:29 PM
Whacky Bob loves big government as long as the democraps are in charge. I bet whacky Bob didnt like big government under Bush. Democrats hate war, the military, the FBI, the CIA, homeland security, the attorney general and all government security agencies only when republicans are running them. As soon as the dems take over, Clinton or Obama, then every war is justified and all the secret agencies and intrusions on our personal lives and freedoms are somehow okay. Right BOB? ...
messages from newt's moonbase July 08, 2012 at 07:09 PM
hey aqualung bin laden sleeps with the fishes . nuff said


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something