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Sunday, January 19, 2014

New Jersey ranked last in 3 financial metrics

What is worse than blocking traffic on the George Washington Bridge? How about governing the state into the lowest ranking of all states in long run fiscal solvency? This recently released study from George Mason University Mercatus Center will not go far toward repairing Governor Chris Christie's image. It's true the state is controlled by the Democrats, that it has had a string of unremarkable governors, and that is endemically corrupt but what has Christie accomplished? Well, he attended 129 Bruce Springsteen concerts, hugged Obama, and appeared in dozens of YouTube videos.
Long term fiscal solvency, which I view as the most important, was one of five financial metrics the study addressed. New Jersey ranked last in 3, 36th in 1 and 39th in another. Here is the grim news:

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