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Binary Tree promotes new CEO

By Emily Bader
April 25, 2017 03:13 PM

Kendall Park-based Binary Tree announced recently it has promoted its chief operating officer, Nick Wilkinson, to CEO. CONTINUE READING

Phila. Fed report: Outlook on nonmanufacturing business remains strong

By NJBIZ STAFF
April 25, 2017 01:07 PM

Businesses in the South Jersey area have confidence the economy is improving, according to the latest monthly report by the Federal Reserve in Philadelphia. CONTINUE READING

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Barnes & Noble Education hires chief legal officer

By Eric Strauss
April 25, 2017 12:54 PM

Barnes & Noble Education Inc., based in Basking Ridge, has named a new chief legal officer and vice president of corporate affairs, it announced Tuesday. CONTINUE READING

Pinnacle promotes some EVPs to expanded roles

By Eric Strauss
April 25, 2017 11:14 AM

Parsippany-based Pinnacle Foods Inc. has made some changes at the executive vice president level, it announced Monday. CONTINUE READING

SITO Mobile names chief operating officer

By Eric Strauss
April 25, 2017 11:38 AM

Jersey City-based mobile engagement platform SITO Mobile Ltd. promoted an executive to chief operating officer, it announced Tuesday. CONTINUE READING

Spiro Harrison law firm announces office in Red Bank

By Eric Strauss
April 24, 2017 12:00 PM

The boutique law firm Spiro Harrison is opening a Red Bank office, it announced Monday, marking its third new site in less than two years. CONTINUE READING

Bank building in Englewood Cliffs is sold

By Mario Marroquin
April 24, 2017 01:14 PM

Commercial brokerage firm The Goldstein Group recently announced it had brokered the sale of a 13,000-square-foot property in Englewood Cliffs. The Goldstein Group brokered the sale on behalf of the purchaser, 744 EC Palisades LLC and EC Acquisition Group. CONTINUE READING

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New Jersey voters — the live ones, at least — are used to the sensation that their votes don't count in a presidential election, since we are committed to a blue state, like a maniac depressive patient who refuses to take medication. (The dead voters, by contrast, are just happy someone keeps their memory alive by registering them.)

But a pair of discussed ballot issues could make the next two Novembers elections to remember. I'm referring to, of course, the higher education referendum on the books for this year and the minimum wage question that seems likely to get on the 2013 ballot.

The higher education bond — which would borrow $750 million to fund badly needed improvements at state universities — seems likely to pass, since it involves borrowing, as opposed to sensible budget appropriations, paid for via cuts to other services or new revenue generation, such as putting the Revel casino on a truck and driving it to the Meadowlands. We voters love our borrowing: New Jersey's state bird is the goldfinch, the state insect is the honeybee, the state tree is the red oak and the state sport is borrowing. It's a hard one to endorse, but there's no denying how badly upgrades are needed at our universities, and if Rutgers, et al, can keep some of the graduates from shiny new facilities from leaving the state after they graduate, it could have a tangible effect on business.

When it comes to furrowed brows and scowls, the minimum wage issue is the referendum you want. Chris Christie looks at a minimum wage increase the same way you do when you examine your shoes after stepping on a stinkbug, but when it comes to getting such a measure passed, legislative Democrats are more deeply divided than I was as an undergraduate at Villanova University, torn between studying a career that would leave me fulfilled, happy and wealthy, or journalism. Christie already has drafted a veto message for a bill, should it reach him, so the constitutional amendment seems like a sensible route.

At that point, expect some heavy lobbying as businesses work to kill it. The concept of voters telling businesses how much compensation they should offer is a novel one, but you'll notice the economies of places that have tried this — like Cuba and the Soviet Union — are more bust than they are robust. That measure shouldn't get any support, but New Jersey has a fantastic record of favoring poorly defended ballot measures (be sure to click that editorial, I'm very proud of it, especially the part at the end warning about trialkyl prebiotic pneumorrhagia) and rejecting economically intelligent ones, so it will be interesting theater going forward.

I'm even more irreverent on Twitter @joe_arney.

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Your vote still doesn't count

By

Back to Top Comments Email Print

Latest News

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New Jersey voters — the live ones, at least — are used to the sensation that their votes don't count in a presidential election, since we are committed to a blue state, like a maniac depressive patient who refuses to take medication. (The dead voters, by contrast, are just happy someone keeps their memory alive by registering them.)

But a pair of discussed ballot issues could make the next two Novembers elections to remember. I'm referring to, of course, the higher education referendum on the books for this year and the minimum wage question that seems likely to get on the 2013 ballot.

The higher education bond — which would borrow $750 million to fund badly needed improvements at state universities — seems likely to pass, since it involves borrowing, as opposed to sensible budget appropriations, paid for via cuts to other services or new revenue generation, such as putting the Revel casino on a truck and driving it to the Meadowlands. We voters love our borrowing: New Jersey's state bird is the goldfinch, the state insect is the honeybee, the state tree is the red oak and the state sport is borrowing. It's a hard one to endorse, but there's no denying how badly upgrades are needed at our universities, and if Rutgers, et al, can keep some of the graduates from shiny new facilities from leaving the state after they graduate, it could have a tangible effect on business.

When it comes to furrowed brows and scowls, the minimum wage issue is the referendum you want. Chris Christie looks at a minimum wage increase the same way you do when you examine your shoes after stepping on a stinkbug, but when it comes to getting such a measure passed, legislative Democrats are more deeply divided than I was as an undergraduate at Villanova University, torn between studying a career that would leave me fulfilled, happy and wealthy, or journalism. Christie already has drafted a veto message for a bill, should it reach him, so the constitutional amendment seems like a sensible route.

At that point, expect some heavy lobbying as businesses work to kill it. The concept of voters telling businesses how much compensation they should offer is a novel one, but you'll notice the economies of places that have tried this — like Cuba and the Soviet Union — are more bust than they are robust. That measure shouldn't get any support, but New Jersey has a fantastic record of favoring poorly defended ballot measures (be sure to click that editorial, I'm very proud of it, especially the part at the end warning about trialkyl prebiotic pneumorrhagia) and rejecting economically intelligent ones, so it will be interesting theater going forward.

I'm even more irreverent on Twitter @joe_arney.

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