Move Over, Bridgegate: Chris Christie’s Next Campaign Roadblock
For a while, it seemed like the Jersey comeback was a real thing, says James Hughes, dean of Rutgers’ public policy school and an expert on the region’s economy.
“[In] 2011, job growth accelerated,” Hughes says. “It accelerated again in 2012, so it looked like it was for real. But then somebody hit the economic pause button in the summer of 2013, and the economy has really been stumbling since then.”
New Jersey has recovered less than half of the jobs it lost in the recession. A report by the Star-Ledger found the state is tied for 48th in private-sector job creation since 2010. Wall Street ratings agencies have slashed the state’s credit rating six times.
The grumbling from Garden State residents is getting louder.
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