Senator Joseph Kyrillos (R-13)

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Nov 13 2006
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November 13, 2006
Senator Joseph Kyrillos (R-13)

Contact: Michelle Peal
(609) 292-5199

New Jersey Must Change Worst in Nation Business Climate

Senator Joe Kyrillos, (R-Monmouth/Middlesex), issued the following statement regarding a report by the Small Business and Entrepreneurship Council ranking New Jersey as the worst state in the nation to operate a small business. The state ranked 50th in the council’s Small Business Survival Index.

We don’t need another study to point out what everyone already knows. Our business climate is among the worst in the country, but this newest ranking solidifies the fact that we need revolutionary reform now.

It is imperative we reinvigorate our dangerous business climate by enacting business tax cuts, incentives, regulatory relief, and key one-on-one communication between the Governor and CEOs. There needs to be a complete overhaul in the state’s economic strategy if we are to attract businesses, create jobs, and sustain our quality of life.

It is not enough for the governor to talk about a new economic policy. There must be real action. The stakes could not be higher. We are not only competing with other states to bring jobs to New Jersey, but with the global economy there is now international competition for jobs. This is a race New Jersey cannot afford to lose.

New Jersey is at a tipping point. Now is the time for the Governor and Legislature to make tough, smart decisions to encourage business growth, or our state will continue to fall.

November 13, 2006
Senator Joseph Kyrillos (R-13)

Contact: Michelle Peal
(609) 292-5199

New Jersey Must Change Worst in Nation Business Climate

Senator Joe Kyrillos, (R-Monmouth/Middlesex), issued the following statement regarding a report by the Small Business and Entrepreneurship Council ranking New Jersey as the worst state in the nation to operate a small business. The state ranked 50th in the council’s Small Business Survival Index.

We don’t need another study to point out what everyone already knows. Our business climate is among the worst in the country, but this newest ranking solidifies the fact that we need revolutionary reform now.

It is imperative we reinvigorate our dangerous business climate by enacting business tax cuts, incentives, regulatory relief, and key one-on-one communication between the Governor and CEOs. There needs to be a complete overhaul in the state’s economic strategy if we are to attract businesses, create jobs, and sustain our quality of life.

It is not enough for the governor to talk about a new economic policy. There must be real action. The stakes could not be higher. We are not only competing with other states to bring jobs to New Jersey, but with the global economy there is now international competition for jobs. This is a race New Jersey cannot afford to lose.

New Jersey is at a tipping point. Now is the time for the Governor and Legislature to make tough, smart decisions to encourage business growth, or our state will continue to fall.

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