||Steve Lonegan on New Jersey
Check out my New Jersey Trivia page!
I have become somewhat of a political activist since retiring in New Jersey.
We purchased our little 3-bedroom rancher in 2003 and discovered that the property taxes anywhere else in America would have been considerably less. Although our house is worth less today due to the national mortgage crises, property taxes have nearly doubled.
The information below is from a brochure titled "Making New Jersey Competitive" published by the New Jersey Chapter of Americans for Prosperity in which Steve Lonegan writes:
Through history New
Jersey has led the country
in economic development
and the prosperity that can
only grow from a freemarket
During the Industrial Revolution,
the state led the transition from an
agriculturally based economy to a
manufacturing powerhouse. Our cities
were models for urban manufacturing
centers across the country. Camden,
with its harbor and the monolithic
Campbell's Soup Company; Paterson,
which harnessed the power of its
waterfalls to secure its domination of the
textile industry; and Trenton, a dynamic
manufacturing center boasting its
proud slogan: "Trenton Makes - the
New Jersey's small towns capitalized on
demographic and geographic strengths
to drive steady economic growth. For
two hundred years, with no Department
of Economic Planning, no government
subsidies, and free of over-taxation,
New Jersey was the envy of the
Today, under the shadow of government
expansion, high taxes, and suffocating
regulations, New Jersey is continuing to
lose its competitive advantage.
To preserve our state's economic future,
we must adopt policies that allow the
free market to flourish. These policies
will return New Jersey to the principles
that have made us the envy of the world.
DID YOU KNOW?
New Jersey ranks near the bottom among the 50 states when it comes to the growth rates of private sector jobs. In 2007, New Jersey had the 5th lowest private job growth rate in the country, experiencing -.01% growth (U.S. Department of Labor. Source: U.S. Department of Labor, Bureau of Labor).
From 2000-2006, New Jersey had the 6th lowest growth in average wage per job (U.S. Department of Commerce,
Bureau of Economic Analysis). About half of New Jersey adults say they expect to be no better
off financially, or even worse off, next year. (Farleigh
Dickinson University, "Public Mind Poll")
Between 2000-2006, New Jersey government spending grew 20% faster than its economy did (U.S. Department of
Commerce, Bureau of the Census). Thirty-five states had economies that grew faster than New
Jersey's during the same period (U.S. Department of
Commerce, Bureau of Economic Analysis). Had New Jersey's economy grown at the national average of
15.2% since 2000, it would be nearly $20 billion larger today.
That's $2,300 per state resident. (U.S. Department of
Commerce, Bureau of Economic Analysis).
From 2000-2007, New Jersey's population experienced a net
decrease of 377,159 people (United Lines 2007
In 2007, the Small Business and Entrepreneurship Council
ranked New Jersey as the least friendly state to entrepreneurship.
From 2000 to 2007, the Bureau of Labor Statistics found that
New Jersey's state and local governments added almost 59,500
jobs while the state's private employers added only 20,000 jobs.
Since 1965, the Garden State's debt has increased by 600%.
Source: U.S. Department of Commerce, Bureau of Census
For more information on Steve Lonegan, go to www.lonegan.com