ERROR: Macro njDefaultArticleHeader is missing!

Your vote still doesn't count

By

Back to Top Comments Email Print

Latest News

Gebroe-Hammer arranges apartment community sale in Belmar

By Mario Marroquin
October 19, 2017 12:49 PM

Commercial real estate brokerage Gebroe-Hammer Associates recently announced it completed the sale of a 30-unit garden-style apartment community in Belmar. CONTINUE READING

Mountainside-based Clearlogin acquired by Pa.-based Evolve IP

By Arthur Augustyn
October 19, 2017 01:14 PM

Pennsylvania-based cloud computing company Evolve announced its acquisition of Mountainside-based Clearlogin on Thursday. CONTINUE READING

advertisement

Valley National Bank appoints EVP, CHRO

By Emily Bader
October 19, 2017 11:34 AM

Valley National Bank, the wholly-owned subsidiary of Valley National Bancorp, announced Tuesday it has appointed Yvonne M. Surowiec to executive vice president – chief human resources officer. CONTINUE READING

Hampshire completes sale of Hackettstown Commerce Park

By Mario Marroquin
October 18, 2017 07:02 AM

Real estate investment firm The Hampshire Cos. recently announced it has completed the sale of a 197,438-square-foot industrial complex to Devli Group in Hackettstown. CONTINUE READING

G.S. Wilcox announces new hires, record year

By Mario Marroquin
October 18, 2017 01:43 PM

Commercial real estate mortgage firm G.S. Wilcox recently announced Rob Logan and Wesley Wilcox have joined the firm as senior associates. In their new role, both Wilcox and Logan will assist in origination and underwriting. CONTINUE READING

CBRE brokers sale, arranges financing for shopping center in Easton, Pa.

By Emily Bader
October 18, 2017 01:07 PM

CBRE announced Wednesday it has arranged the sale and financing for a 100,250-square-foot shopping center in Easton, Pennsylvania. CONTINUE READING

Bayer appoints SVP, general manager

By Emily Bader
October 17, 2017 01:32 PM

Whippany-based Bayer announced it has appointed Brenda L. Raphael as senior vice president and general manager of the Therapeutics Business Unit of Consumer Health Commercial Operations North America, effective Oct. 30. CONTINUE READING

advertisement

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.

Share This Story On:

Your vote still doesn't count

By

Back to Top Comments Email Print

Latest News

advertisement

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.

Share This Story On:
advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy
advertisement
ERROR: Macro defaultSidebar is missing!
ERROR: Macro footer_top is missing!
Back to Top