Governor - I am sorry, you don't get it.
On the way back from Newark Airport tonight I heard a rehash of a press conference with Governor Corzine which occurred earlier today. He stated the New Jersey is having so many financial problems because the state borrowed too much money. I am amazed that:
1. He is able to say something like that with a straight face.
2. The media doesn't call him on it.
He also listed pension obligations as a key part of the problem. Of course, the same Governor just blessed raises for judges for the second year in a row do he obviously isn't worried about pensions. He is more interested in scaring people right now.
New Jersey isn't in trouble because of borrowing. It is in trouble because of SPENDING!!!!! Cut the spending and the borrowing isn't needed. The big problem here is that our politicians do not have the courage to do attempt to fix the real problem.
Labels: Corzine, New Jersey Taxes, Spending
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