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WINNERS AND LOSERS

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Each week in Face Time, NJBIZ editors approximate Chris Christie's mood and facial expressions based on the news.

FACE TIME: HOPEFUL

Here's a Jersey Comeback for you: The governor has resurrected talk of his 10 percent income tax cut, immediately setting off a pitched battle in Trenton as opponents say we need a tax cut, just not this one. Oh, you election-year snollygosters: Don't ever change.

WINNERS/LOSERS

Double dippers – WINNER
Good news, taxpayers: there are fewer government employees holding multiple offices on your dollar. The bad news, according to an NJ Press Media story: they keep getting raises. Those dedicated public servants with at least two jobs saw their pay go up 4 percent on average in 2012.

M&T Bank – LOSER
The Fed put the brakes on the lender's acquisition of Hudson City Bancorp, citing review of M&T's anti-money laundering compliance. Bad news for shareholders, but employees whose jobs were put on notice from the merger get extra time for résumé polishing.

Rutgers–Camden – WINNER
At a time when so much is up in the air for Rutgers-Camden as the state's higher education landscape reorganizes, its business school marked its 25th anniversary in Camden recently. The celebration was noteworthy for being the first Rutgers news event in weeks in which basketball wasn't mentioned.

Rutgers – LOSER
The main campus can't get a break. City police brought pepper spray to what we're sure was at the time just a big ol' underage study break among law-abiding students, leading to arrests and fires in the streets. The school quickly noted 'Delafest' happened many blocks from the nearest athletics facility.

Incentives projects – WINNER
What a time to be a project getting money from the EDA. Prologis, Burlington Coat Factory, and Ascena Retail Group and Dress Barn all have broken ground on major New Jersey projects in the past couple of weeks. All were fueled by incentives from the Economic Development Authority.

Miss America – LOSER
Now that Vegas is done with her, she's slinking back to Atlantic City, and getting $7.3 million over three years from CRDA and the convention and visitor's authority to do so. Let's hope she's still got the gams to bring in the tens of millions she's expected to.

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