Economy: 2010 Archives

Republican Governor Bobby Jindal is fighting for his people in Louisiana and Republican Governor Chris Christie is doing the same in New Jersey. New Jersey had the biggest budget deficit gap in the nation, some $11 billion, and Governor Christie was able to work with a Democratic legislature to balance the budget and begin laying the groundwork for a stable and growing New Jersey future.

He attributes the success he has had so far to the Republican principles he stands for:

Less spending; Smaller government; Lower taxes; and Common sense regulations that promote economic and job growth in the private sector.

In his first national talk show interview with ABC's Jake Tapper Christie enunciated some of the hard things that have to be done to get spending under control whether it's at the state, national or local levels. In particular, he pointed out the unsustainable insanity of asking voters whose lives have been ravaged by the economy's downturn to support 4% and 5% raises for unionized public employees, who already earn more than comparable workers in the private sector.

This is true in Chatham where for the fiscal year just ended on June 30th public employees, both unionized and non-unionized, enjoyed 6% to 8% increases in compensation plus increased payments to their pensions and health benefits. How many taxpayers in the private sector in Chatham did as well as that?

The key is putting an end to overspending.

There's a lot of learning in this interview, well worth the time to watch.

Here's one businessman who knows that the Obama administration is running the American economy into the ditch. See and hear what Steve Wynn, the Las Vegas impresario has to say.

Join us Monday night at 7 p.m. at the Chatham Community Center to discuss plans for the November election. This can be the election that saves America. All concerned about the out of control spending of America, the state and the town are welcome.