GOVERNOR’S STATEMENT REGARDING FEDERAL RESERVE BANK REPORT
By | September 1st, 2009 - 3:49pmRelease Date:
Sep 1 2009
GOVERNOR’S STATEMENT REGARDING FEDERAL RESERVE BANK REPORT TRENTON – Governor Jon S. Corzine issued the following statement regarding the Federal Reserve Bank of Philadelphia’s Third District Leading Indexes Report for July 2009 indicating that New Jersey’s economy returned to positive growth in the last seventeen months: “The report by the Federal Reserve Bank is a positive sign, and another in a growing list of indicators that we are seeing the beginnings of recovery for New Jersey,” Governor Corzine said. “From creating 13,000 new private sector jobs in July to improving home sales data, it’s becoming increasingly clear that while we are by no means out of the woods, we are seeing the end of the path of this recession. By cutting the state budget from $33 billion to $29 billion, initiating the nation’s first recovery and assistance program, and fast-tracking infrastructure projects, New Jerseyans have worked together to get through a national economic crisis and positioned ourselves to come back stronger than ever.” ###
Wake-Up Call
Morning News Digest: March 17, 2010
Christie budget calls for 'shared sacrifice' Gov. Chris Christie today unveiled a $28.3 billion state budget plan that includes deep cuts in spending on property tax rebates and aid to municipalities, schools and colleges, as well as the layoffs of thousands of state workers. ...
Wally Edge
The latest issue in Bergen County: Gov. Christopher Christie’s plan to end Blue Laws. Christie says Sunday retail shopping in Bergen County would bring the state an additional $65 million in annual revenue. Expect legislators from both...
The unlikeliest of scenarios would be for New Jersey to have both United States Senate seats on the ballot in November: a recall vote on Robert Menendez, and a special election to fill Frank Lautenberg’s seat. Tea Party organizers will have a...
Tom Kean was re-elected in 1985 with 70% of the vote, after a bit of a shaky start. Kean won by just 1,797 votes – after an extended recount – and was immediately forced to deal with a deficit Republicans blamed on the outgoing governor,...
Middlesex County Democrats have endorsed congressional aide Ed Potosnak as their House candidate against freshman U.S. Rep. Leonard Lance (R-Clinton). Potosnak, who worked for a California congressman, has also secured the organization lines...
Hudson County Sheriff Juan Perez, who has lost the backing of the county Democratic organization, is mulling two options in a bid to extend his political career: seek re-election to a second term as a Republican, or run for Mayor of Bayonne. ...
Contributors
This is going to be a budget that is going to be unlike any other you’ve probably seen in NJ in at least the last 20 years and maybe... more »
Everybody needs to start a new job with a list of priorities and Chris Christie is no exception. There might be a thousand things that need to get done... more »
It's impossible to support consolidation of government services and also support COAH.S1 paints with a broad brush and thus will miss some fine points. COAH paints with... more »
Governor Christie seems to have played the rotten fiscal cards he inherited fairly well. As reported by the Star-Ledger, he is proposing to cut school aid by more... more »
As part of his solution to New Jersey’s current budget deficit, Gov. Chris Christie announced that, effective yesterday, he will not allow any additional parents to enroll in FamilyCare,... more »
Let me get this straight. The state has a “cap” or limit on how much municipalities can increase their annual budget every year—four percent. The goal is to keep... more »
On Rebate Issue, Christie Will Win. The leading New Jersey Sunday newspapers yesterday confirmed that Governor Chris Christie will propose in his FY2011 budget the... more »
You’ve got to hand it to Christie; he calls it as he sees it. I don’t mean the newly crowned Governor, Chris Christie, but his nine-year-old son, Patrick. ... more »
Anyone involved in governing and administrating a town or county in New Jersey understands the economic problems outlined in The Star-Ledger editorials of February 28 and March 1. The... more »
It is widely anticipated that Gov. Chris Christie’s first budget message, to be delivered on March 16, will show the harsh reality of New Jersey’s bleak financial outlook. No... more »
In keeping with the commitment I made to you in the November election, I am looking at every possible way to cut wasteful government spending and relieve your tax... more »
Republican Playbook: Fear, Scorn & Partisanship -- Instill fear. Sow uncertainty. Create doubt. Demonize. These tactics may be the unfortunate norm for campaigning, but they are bad – if not... more »
Our new Governor suffers from no lack of advice. Much of it, contained in the transition reports, deserves prompt attention. Obviously, economic prosperity benefits everyone, and – as... more »
I have to genuinely wonder if this legislature will go down as the most taxing legislature in the history of the state of New Jersey surpassing the legislative actions... more »
Now that the dust has finally settled after the grueling campaign for governor, there are a number of lessons that we can draw from this election. First and... more »
March 17th, 2010 The Day New Jersey Stood Still It was like the plot from the 1950s science fiction movie: An alien (first Republican elected state-wide in very... more »
Limited government principles and fiscal conservatism are philosophically sound, because they preserve the people’s natural rights and they prevent government from overspending, over borrowing and overtaxing. For more than... more »
New Jersey is in severe financial crisis because for years elected officials have been able to make irresponsible and short-sighted decisions without any restraint. Future governors may... more »
On January 6, 2010, several newspapers published articles with titles like “no more aid for struggling cities”, “Christie will cut state aid” and the like; furthermore, in the body... more »
New Jersey Governor Chris Christie, you target teachers. That’s not a positive note to start your tenure. You forget that the Teachers’ Union makes decisions on its own, such... more »
On the day of his inauguration, Governor Christopher Christie inherited a gaping $2 billion hole in the state’s budget and swiftly set about the people’s business in meeting our... more »
Most Active Stories
Latest from Twitter
RobTornoe HA! Bret Baier's special exit-interview with Bush: "Fighting to the Finish" http://bit.ly/cLRdsJ RT @owillis @MediaFixBlog
Mar 17th, 2010 6:15 pm
Mar 17th, 2010 6:13 pm
RobTornoe READING: Idaho governor signs bill requiring state to sue gov't if insurance mandated in health care reform http://bit.ly/9Qk0eo
Mar 17th, 2010 6:10 pm
JoshuaHenne Still scarred from the McGreevey years, when St. Patrick's Day and its assorted events lasted from January until April.
Mar 17th, 2010 6:07 pm
RobTornoe READING: Republican Congressman: 'I Would Support Single-Payer' http://bit.ly/980G6Q
Mar 17th, 2010 6:03 pm
RickDemichele RT @Bill_Bucco: So the @NJEA says these budgets cuts will affect the kids....BULL its going to affect the power the @NJEA has! CUT THEM MORE
Mar 17th, 2010 5:54 pm
AliciaMenendez I know non-teens who should read this RT @RachelJSimmons A girl is jealous of her bf's ex: my advice at @teen_vogue http://bit.ly/azmQEy
Mar 17th, 2010 5:50 pm
RickDemichele We Told You it Was Comming.... and it Did!: http://wp.me/pIIFz-tN
Mar 17th, 2010 5:39 pm
fredsnowflack New blog post: Suppose a Democrat did this? http://blogs.dailyrecord.com/morrispolitics/2010/03/17/suppose-a-democra...
Mar 17th, 2010 5:37 pm
Quote of the Day
Quote of the Day
"Never forget, some of those shouting the loudest are the architects of the disaster we are now suffering. Do we really want another decade of economic failure? No, this spring it is time to clear away the underbrush to make room for growth. So, today, we stop sweeping problems under the rug. We will not hide our problems until
another day. And we are certainly not increasing the tax burden we place upon our people. Today, we are taking necessary and decisive action to reduce state spending and reform state government. The problems we have hidden for twenty years are evident for all to see. The day of reckoning has arrived. Some are saying, by their choice of policies, that we should descend further into debt and deficit, and risk driving more people out of the state with “temporary” tax increases that always turn out to be permanent. I say we must face up to our responsibility." -- Gov. Christopher Christie
Poll
What grade would you give Gov. Chris Christie on his address to the Legislature on the state budget?
A
52%
B
6%
C
13%
D
8%
F
21%
Recent Press Releases
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.
Mar 17 2010
Mar 17 2010
Mar 17 2010
Mar 16 2010
Rrrrrright.
LIKE THE GUY ON THE STREET GIVES A FLYING %$@ ABOUT THIS REPORT. I think the unemployment #, the # of people without insurance, and the people paying property taxes know otherwise.