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01 August 2009 - NJ New Liquor Tax Starts Today – Buy in Delaware instead!
The Philadelphia Inquirer reports that another tax goes into effect today in New Jersey: New Jersey’s tax hike on wholesale wine and hard liquor goes into effect today, and those in the business say customers will most surely pay more than the fraction of a cent per drink that the extra 25 percent levy on [...]

16 February 2009 - Stimulus ideas you disagree with are still ideas!
This morning I read an editorial in the Trentonian written by Donna Brazile decrying the fact that the GOP was “nitpicking” on the stimulus. Even more so, her contribution to the discussion was that Republicans had no ideas to add to the discussion. I am paraphrasing here because I do not want to dignify her [...]

06 February 2009 - Misguided Spending
An article from the Chronicle of Higher Education laments a rule that “lacks teeth”: Under the rule, states must spend at least the same amount of money for colleges each year as they spent on average in each of the previous five years. Forget whether or not it lacks teeth. (The issue there is that [...]

26 January 2009 - Stimulus that doesn’t stimulate – Part II
In our first post examining the American Reinvestment and Recovery Act we examine each category of spending and commented on whether or not it was worthwhile as well as its impact on stimulating the economy. Last week saw a Congressional Budget Office report (or draft) that drew some of the same conclusions that we did [...]

16 September 2008 - NJ spending is fixed by courts? So fix the courts.
In this article in the CourierPostOnline, Sharon Schulman discusses the budget options available to New Jersey legislators. Her point is that there are not too many options available to cut: There is no magic bullet that allows a governor or legislature to give us property-tax relief without creating pain elsewhere. They are constrained by the [...]

15 August 2008 - Really, Governor?
From WBGO News: Corzine says he is working on a plan for transportation but it will be weeks before he releases it. But the state will still need billions of dollars for it – to pay down debt, widen the Turnpike, and possibly build a new tunnel across the Hudson River. Treasurer David Rousseau has [...]

11 August 2008 - Corzine paying down the debt? Not yet.
In Newsday.com, this article entitled NJ takes next step in reducing debt would make one believe that the state has done something significant. If you believed that, you would be wrong. Less than two months after creating a special fund to pay down state debt, the Corzine administration has taken a significant next step: identifying [...]

13 July 2008 - Even When It’s Private, It’s Public
When a Republican says that private investors should invest in a particular technology, they mean that (a) the legislature has been investing with our tax dollars, which should stop, or (b) outside investors should be encouraged to invest through tax breaks and other incentives. When a Democrat says that private investors should invest in a [...]

20 June 2008 - Corzine, Stop Buying Scotch!
At the bottom of this Associated Press story is a telling statement about Corzine’s approach to borrowing and spending. Corzine has backed requiring voter approval for new borrowing, but said the school construction money is different because it’s court-ordered. The state Supreme Court in 1998 ordered the state to pay for new schools in the [...]

17 June 2008 - More on the Center for Fathers
Special thanks to WBGO‘s News Director, Doug Doyle, for forwarding the press release about the Center for Fathers to me. I can also now find a tiny amount of coverage for the program (a few of these are essentially the same article): here, here, here, and here. Here’s the press release: Mayor Booker Tours Newark [...]

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