You won’t see this in Christie campaign ad: NJ finishes 42nd (for business)
Seeking a second term as New Jersey governor with a possible eye to a White House run in 2016, Chris Christie is heavily touting his business record, as he did at the ribbon cutting of real estate firm Realogy's new corporate headquarters in Madison, N.J., last month.
"We made a commitment from the beginning to grow New Jersey's economy. The only way to do that is with the private sector," Christie said.
Christie often points to his administration's "partnership" with business, including deregulation, tax cuts and incentives.
But he is unlikely to point to New Jersey's standing in our America's Top States for Business rankings. It has declined since he took office in 2010.
That year and in 2011, New Jersey finished 30th overall. In 2012, the state plunged to 41st. For 2013, it drops another spot to 42nd.
http://www.cnbc.com/id/100863121
The state now offers at least five different corporate tax reduction programs, and Christie has awarded some $2.1 billion in subsidies since taking office compared with $1.25 billion in the prior 10 years ALL to business who donated to his campaign, some payoff.
