Governor Andrew Cuomo announced on Monday that New York is facing a $2.3 billion budget deficit after just last week he released his $175 billion budget proposal. “The budget we put forward is not supported by the revenues” Cuomo said. Comptroller Thomas DiNapoli referred to the unprecedented deficit as “the most serious revenue shock that the state has faced in many years,” adding that he believes it will “get worse before it gets better”. If you want a crystal ball to see what the future holds for New Jersey under Governor Murphy all you have to do is look at New York.
Bowing down to pressure from advocacy groups such as the Pennsylvania Immigration and Citizenship Coalition and the Pennsylvania ACLU new rules went into effect last week limiting how the Pennsylvania State Police interact with those suspected of being in the U.S. illegally and its cooperation with ICE. Some states have partnership agreements with ICE. Pennsylvania does not.
We’ve talked several times about the potential negative impact of a $15 minimum wage in New Jersey. Ignoring all of the research on the negative economic effects in the states that have dramatically increased the minimum wage Murphy signed the $15 minimum wage bill today proclaiming “It is a great day to make some history for New Jersey’s working families. And that’s just what we’re going to do. We’ve talked long enough about putting New Jersey on a responsible path to $15 an hour minimum wage. Today we start our way on this path”. Murphy signed the bill at the Elizabeth headquarters of immigrant advocacy group Make The Road New Jersey. Murphy has made it clear that he is more interested in gaining votes for Democrats than he is New Jersey’s economy, jobs or the law abiding hard working residents of the state. Additionally Murphy seems to be doing everything he can to kill tourism at the Jersey shore.
This week the Informed Conservative discussed employment numbers in the U.S. remaining strong despite the government shutdown, Pennsylvania Governor Wolf pushing a $15 minimum wage in his state, we launched our first podcast and discussed Democrats in New Jersey giving Cory “Spartacus” Booker’s Presidential campaign an advantage.
Governor Murphy and Democrats in the New Jersey Legislature are working hard to ensure that Cory Booker is our next President no matter if we want him or not. Who needs elections in what has become Soviet Jersey?
Does anyone know the Vegas odds on which Democratic Governor will bankrupt the most businesses in their state? New Jersey Governor Murphy, New York Governor Cuomo and Pennsylvania Governor Wolf seem to be competing to see how many jobs they can chase from their state. Continue reading “Not to be outdone by Murphy Pennsylvania Governor Wolf wants to ruin businesses in his state.”
Despite the government shutdown private sector employment increased by 213,000 jobs from December to January according to the January ADP National Employment Report. Wall Street economists had forecast an increase of 174,000. The Dow Jones Industrial Average and S&P 500 both reacted positively to the news. The Dow rose 1.77% while the S&P rose 1.56%.