by Josh Levitt
Buono for Governor
At tonight's debate, Governor Christie will attempt to do the impossible: defend his failed economic record. No matter how Governor Christie tries to duck and dodge away from his record, he cannot hide from the facts. It's clear that Governor Christie's ineffective trickle-down economic policies have decimated New Jersey's economy, leaving the middle class and working poor without quality opportunities and struggling to make ends meet.
The economic figures paint the sorry picture of New Jersey's economy under Chris Christie. Over the past four years, New Jersey has one of the worst rates of job creation of any state in the country. With 400,000 residents out of work, New Jersey's unemployment rate currently sits more than a point above the national average and is one of the highest in the region. In the past two months alone, New Jersey lost a staggering 12,000 jobs.
Instead of building an economy that works for all New Jerseyans, this Governor has prioritized millionaires and big corporations over workers and families. Governor Christie has staunchly protected millionaires from paying their fair share, all while raising taxes on low-income New Jerseyans by slashing the Earned Income Tax Credit and vetoing an increase of the minimum wage. It's no surprise that the poverty rate in New Jersey recently reached a 52-year high.
To top it off, New Jerseyans have been crushed by skyrocketing property tax rates during Christie's time in office. On average, property tax rates have increased by 20 percent over the past four years as Governor Christie has cut essential relief programs and diverted revenue away from municipalities.
With a record like that, there is no debating the obvious: Governor Christie's economic policies have failed New Jersey.
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