Okay, folks, this is how it's done:From the The Washington Post:
"Bringing Thunder-ous change to New Jersey"
by George Will
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/21/AR2010042104451.html
FTA:
"The bridge (connecting New Jersey to Pennsylvania) is a tutorial on a subject this government has flunked -- economics, which is mostly about incentives."
"In late afternoon, Gov. Chris Christie says, the bridge is congested with New Jersey government employees heading home to Pennsylvania, where the income tax rate is 3 percent, compared with New Jersey's top rate of 9 percent."
The article states that New Jersey's deficit of 2.2 billion is the worst in the nation (he's looking at it relative to the state's budget).
Next year's projected deficit is five times that.
These days we're so used to looking at the word "trillion" that 2 billion has no meaning anymore.
This translates into the daily life of hard-working New Jersey resident's who have seen their taxes raised 115 times in the last eight years.
They have seen their kids graduate from college and make the same exodus out of state as their fellow graduates...again putting New Jersey on the map as number one in disappearing graduate students.
They have watched small businesses pack their bags and join the long lines of large corporations fleeing their taxed-to-death and death-taxed state until no one is left but government employees.
But newly elected Governor Chris Christie is showing New Jersey and the rest of the country (are you listening D.C.?) how to build a thriving economy, how to encourage growth and investment and how to let loose the American spirit of incentive and invention.
Here's how he did it...are you ready?
Spending freezes and tax cuts!
Gasp! Is it possible?
Can not spending taxpayer's money on government union pensions and benefits bring down such a huge debt?
Can cutting taxes on property and product actually build a stronger economy?
FTA:
They have seen their kids graduate from college and make the same exodus out of state as their fellow graduates...again putting New Jersey on the map as number one in disappearing graduate students.
They have watched small businesses pack their bags and join the long lines of large corporations fleeing their taxed-to-death and death-taxed state until no one is left but government employees.
But newly elected Governor Chris Christie is showing New Jersey and the rest of the country (are you listening D.C.?) how to build a thriving economy, how to encourage growth and investment and how to let loose the American spirit of incentive and invention.
Here's how he did it...are you ready?
Spending freezes and tax cuts!
Gasp! Is it possible?
Can not spending taxpayer's money on government union pensions and benefits bring down such a huge debt?
Can cutting taxes on property and product actually build a stronger economy?
FTA:
"In eight weeks he cut $13 billion -- $232 million a day, $9 million an hour."
Why, yes it can.
Why, yes it can.
Thank you, Gov. Christie, for showing us how it's done.
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