Were high taxes and costs to blame when the state’s debt lagged with investors? Apparently not.
Phil Murphy gets the job done! That is why we will be working so hard to re-elect him this November.
“Then a new governor actually raised taxes and imposed new costs on business — and turned the state’s debt into the nation’s most desired by investors since he took office in 2018.
Now New Jersey is one of only seven states with an improving economy over the last 3 1/2 years, measured by employment, personal income, home prices, tax receipts, mortgage delinquencies and the equity of their companies. It’s the only one of those seven with perennial leadership in public education and health care.”
To read the full story: The Bond Market Loves New Jersey. Yes, New Jersey. - Bloomberg
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