Jon Corzine left his emergency economic forum yesterday suggesting that new state spending for schools, roads and mass transit will boost New Jersey's economy. What a surprise!
How would he pay for that? Raise tolls and add to the $40 billion debt. How creative!
Corzine also said that New Jersey's bargain commercial real estate prices could attract business and jobs across the river from the battered financial sector in New York.
I wonder why New Jersey's commercial real estate prices are so low.
UPDATE:
Barry Goldwater offers some names and acronyms for Corzine's spending plan and suggests we have a naming contest. I made an entry. Have at it in the comments. The winner gets a lifetime subscription to TheIndsideClamDigger.
Trump's Evolution
18 hours ago
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2 comments:
Sounds sort of New Dealish doesn't it?
I can't wait for the acronyms to start:
Public Works Improvement Projects, Public Employment Division(P-WIPPED)
School and Transit Upgrades, Public Income Division (STUPID)
Income for Democrats from Infrastructure, Other Transportation projectS (IDIOTS)
I know there is more, start a contest, Art
I know there is more, start a contest, Art
I think you just did.
Here's one:
Public Infrastructure Monetization Project (PIMP)
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