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Inverso: Study Shows Nexus Between State’s Poor Ethical and Business Climates
By mpealSenator Peter Inverso, (R-14, Mercer and Middlesex), today offered his heightened concern toward the seriousness of ethics problems facing New Jersey upon release of a new study by the Prudential Business Ethics Center at Rutgers University-Newark, taking aim at political corruption as a main factor in limiting the State’s business growth.
“This new study is a stark reminder of the urgency to enact strong and comprehensive ethics reform at all levels of New Jersey government. Business persons already know how business unfriendly New Jersey has become in the past several years. Hopefully, this study will convince the Governor and the Majority Party that our business leaders now connect New Jersey’s ‘culture of corruption’ and our current economic climate.”
Senator Inverso has been in the forefront of ethics reform, including the sponsorship of legislation that would ban pay-to-play and wheeling – practices which are estimated to cost $1 billion in uncalled-for spending.
“Businesses and workers alike can no long afford the dual burden of oppressive taxes and the high cost of living in New Jersey, and they are voting with their feet. This study should warn Trenton that unless significant ethical and fiscal reforms are enacted, New Jersey’s economy will continue to suffer as more business and taxpayers will continue to leave our State.”
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