The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Ridgewood NJ, nearly 100 New Jersey companies announced a combined total of more than 13,300 layoffs in 2024, reflecting New Jersey’s continued reputation as an unfriendly place for business and tightening job counts in white-collar sectors such as pharmaceuticals, banking, and finance.
Continue reading Yikes: New Jersey Companies Announce Over 13,300 Layoffs in 2024
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Ridgewood NJ, Fair Share Housing Center (FSHC) and the Housing and Community Development Network of NJ (the Network) are co-publishing a new report to help local officials, planners, developers, advocates, and residents understand and participate in New Jersey’s “affordable housing” development process. This publication updates and expands on the 2015 report published by HCDNNJ following the NJ Supreme Court’s Mount Laurel IV decision, which reinvigorated enforcement of the Mount Laurel Doctrine.
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Paramus NJ, the U.S. Attorney’s Office for the District of New Jersey and the Department of Justice’s Civil Rights Division today filed a complaint against the state of New Jersey and joined with the state in filing a proposed consent decree to address findings of unconstitutional conditions at the New Jersey Veterans Memorial Homes at Menlo Park and Paramus.
Continue reading New Jersey Must Resolve Unsafe Conditions in New Jersey’s State-Run Veterans Homes
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Trenton NJ, the NFIB Small Business Optimism Index fell by 2.5 points in August to 91.2, erasing all of July’s gain. This is the 32nd consecutive month below the 50-year average of 98. The Uncertainty Index rose to 92, its highest level since October 2020. Inflation remains the top issue among small business owners, with 24% of owners reporting it as their top small business operating issue, down one point from July.
Continue reading New Jersey Small Business Optimism Dips in August
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Trenton NJ, Senate Republican Leader Anthony M. Bucco (R-25) raised concerns about escalating energy costs and future grid reliability for New Jerseyans following the latest PJM Interconnection power auction results that showed a dramatic 800 percent increase in costs. The recent auction revealed that the cost of electricity in the PJM region—including New Jersey—will soar to $14.7 billion for the 2025/2026 delivery year, a significant jump from $2.2 billion that was announced from the previous auction in February 2023.
Continue reading More Alarm Sounds on Rising Energy Prices in the Garden State
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Ridgewood NJ, as New Jersey becomes progressively hotter, the Murphy Administration released a groundbreaking plan that sets specific actions to be taken by agencies across state government to protect the health and welfare of residents from the impacts of extreme heat caused by a changing climate.
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TRENTON NJ ,Two newly released surveys do not paint a pretty picture nationally or in New Jersey for the small-business economy.
Continue reading NFIB Report: Small Business Optimism Reaches Lowest Level Since 2012
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Trenton NJ, a collection of more than 100 business, labor and nonprofit groups have sent a letter to all members the New Jersey Legislature urging them to oppose Gov. Phil Murphy’s proposed $1-billion-plus business tax increase on business in the FY25 State Budget.
Continue reading New Jersey’s Economic Competitiveness Goes From Bad to Worse
Its Over Folks ………………….
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Westwood NJ, New Jersey moves toward socialism and elimination of private property advaning a legislative proposal that could revolutionize how mandatory affordable housing units (socialism) are determined for municipalities, with the Senate passing the bill on Monday along party lines. Governor Phil Murphy is anticipated to sign the bill into law, heralded as a pivotal reform for one of the nation’s most expensive states.
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Edison NJ, the assault and attempted carjacking at Patel Bros. at 1681 Oak Tree Road on March 15th at 1655 hours is currently under investigation. Anyone with information about this incident should contact Detective Chris Paone of the Edison Police Burglary Unit at 732-248-7413.
sometimes you can fall off the floor
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Trenton NJ, NJBIA released its 2024 Regional Business Climate Analysis showing New Jersey continues to remain last in the region by a wide margin in terms of business taxes and cost competitiveness.
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Trenton NJ, State Senator Joe Pennacchio released his review of the administration’s report of the Covid pandemic and the State’s response. The report commissioned by Governor Murphy was compiled by the Law Firm of Montgomery McCracken at a cost of $9 million to the State’s taxpayers.
Continue reading New Study: Almost Every Government Intervention in Response to COVID Was Wrong
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Trenton NJ, after a lengthy and contentious debate, a contentious bill aiming to overhaul New Jersey’s Open Public Records Act (OPRA) took a step forward on Monday night. Advocates from various organizations, including Alex Ambrose of the New Jersey Policy Perspective, voiced their opposition to the proposed legislation during a marathon committee meeting of the state Senate Budget Committee. Ambrose and many others argued that the bill, which seeks to restrict public access to government documents and information, would create additional barriers for citizens seeking transparency in government operations. Despite the overwhelming opposition voiced during the hearing, the committee voted 9-4 to move the bill forward for further consideration by the full state Senate.
the Ridgewood blog has a brand-new twitter account, we tweet good sh$t
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By Scott Goldstein, Communications Manager, N.J. Chamber of Commerce
Trenton NJ, New Jersey Chamber of Commerce President and CEO Tom Bracken, delivering testimony this morning in front of the Assembly Budget Committee, said the proposed $56 billion state budget would inflict damage on New Jersey’s economy and its reputation as an improving destination to run a business. Bracken primarily took aim at what he called a “punitive and egregious” 2.5% Corporation Business Tax hike on the state’s biggest employers.
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Trenton NJ, NJBIA is opposing a constitutional amendment that attempts to establish that every person has a legal right to a clean environment.
Continue reading The Inherent Dangers of the So Called , ‘Green Amendment’
