Originally Posted by southparkcpa
Until costs in NJ come down... (public pensions are the highest cost after public salaries) many companies will continue to leave NY, NJ etc.
What would you propose Christie do to attract business to NJ?
To answer your question:
I don’t think there is much a Governor can do. But since Governor Christie blamed the Economy on Corzine and then touted how his policies have started a “Jerzy Comeback” he is in a bad political spot. Basically Demand is down, the wealthy are sitting on their cash and interest rates are super low. He (we all) needs a spike in demand and thus spending. But he is aligned with those opposed to that. So he should hope the Democrats don’t come up with a viable candidate.
To answer your statement about NJ public workers:
Governor Christie has been stumping for Mitt Romney bragging how he solved NJ's pension issues. This happened in June 2011, pay attention. Therefore, I would advise him to not take up your argument. Also, I'd advise him to drop the "Jerzy Comeback" rhetoric with a statewide 9.8% unemployment. He is a popular Governor and people will overlook a BS line once or twice but an entire summer is pushing it.
As for the New Jersey exodus:
Could be folks are leave (or not coming to) NJ because it no longer is an easy commute to a high paying NYC career. And since he killed the tunnel that would eventually solve that problem he has to keep mum on that, too.