Jon Reitmeyer hits the nail on the head in his NJSpotlight article. Despite past words to the contrary, Gov. Murphy is acting as if nothing has changed with COVID. Government spending and payrolls certainly haven’t changed. A record $4.7 billion is pouring into an unreformed and broken public pension system. Throwing (our) good money after bad. The special interests are very pleased.
Once again NJ’s taxpayers will foot the bill. Current millionaires and corporations will see higher taxes. And so will future taxpayers who will be the ones on the hook for the $4.5 billion of additional debt. These are the same taxpayers who are already burdened with the highest debt-per-taxpayer in America ($57,900 per taxpayer). God forbid they choose to leave.
Under Gov. Murphy, NJ is a state run by and for the special interests.