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NFIB Report: Small Business Optimism Reaches Lowest Level Since 2012

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the staff of the Ridgewood blog

TRENTON NJ ,Two newly released surveys do not paint a pretty picture nationally or in New Jersey for the small-business economy.

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New Jersey’s Economic Competitiveness Goes From Bad to Worse

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the staff of the Ridgewood blog

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.

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New, “Affordable Housing ” Bill Will Have Catastrophic Consequences for Bergen Towns and New Jersey Taxpayers

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Its Over Folks ………………….

the staff of the Ridgewood blog

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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Democrat Edison Mayor Joshi Slams State Leadership, Calls Out Inaction Against Crime

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the staff of the Ridgewood blog

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.

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Just When You Thought It Couldn’t Get Any Worse ,NJ Business Climate Ranked Worst in Region and Declining

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the staff of the Ridgewood blog

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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New Study: Almost Every Government Intervention in Response to COVID Was Wrong

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the staff of the Ridgewood blog

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.

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Trenton Democrats Move to Gut Open Public Records Act (OPRA)

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the staff of the Ridgewood blog

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.

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New Jersey Chamber of Commerce Wakes Up , Scolds Trenton Democrats Calling 2.5% CBT “Punitive and Egregious”

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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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The Inherent Dangers of the So Called , ‘Green Amendment’

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the staff of the Ridgewood blog

Trenton NJ, NJBIA is opposing a constitutional amendment that attempts to establish that every person has a legal right to a clean environment.

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New Jersey Is 2024’s State with the Highest Real-Estate Property Taxes

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the staff of the Ridgewood blog

Ridgewood NJ, Each year, the average American household spends $2,869 on real-estate property taxes plus another $448 for residents of the 26 states with vehicle property taxes.

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New Jersey Is the State with the 2nd Worst Unemployment Rate Change

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  • the staff of the Ridgewood blog

Trenton NJ, with the U.S. having gained 216,000 jobs in December, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.

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Charging at Windmills: New Jersey Not the Only State Seeing Massive Wind Projects Cancelled

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the staff of the Ridgewood blog

Ocean City NJ, President Biden’s Green New Deal faced a significant setback as developers of a large offshore wind project in New York withdrew from a deal with the state. Approximately 30% of current wind projects are at risk of delays or cancellations. Since July, projects in Massachusetts, New Jersey, and Connecticut have been put on hold. The withdrawal of BP and Equinox from the New York project adds to the challenges facing offshore wind initiatives. While there may be attempts to revive the projects, this setback contributes to the offshore wind sector’s recent struggles. Notably, two other major projects, Empire Wind 1 and Beacon Wind, are facing financial difficulties, although they haven’t been officially canceled yet. The much-touted “green energy transition” appears to be encountering significant challenges.

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New Jersey Sees Highest increase in Unemployment Rate in the U.S.

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the staff of the Ridgewood blog

Trenton NJ, New Jersey recorded the most significant rise in the nation’s unemployment rate, as reported by the U.S. Bureau of Labor Statistics on Friday.

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