Gov. Corzine looks for ideas to help economy

Gov. Jon Corzine admits the weakening economy is making him nervous, but he isn?t about to sit back and watch things deteriorate. Corzine is looking for ideas wherever he can. The governor met with about

News 12 Staff

Mar 15, 2008, 9:53 PM

Updated 5,911 days ago

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Gov. Corzine looks for ideas to help economy
Gov. Jon Corzine admits the weakening economy is making him nervous, but he isn?t about to sit back and watch things deteriorate.
Corzine is looking for ideas wherever he can. The governor met with about 15 people Saturday afternoon at a Princeton mansion to discuss suggestions for improving the state?s economy. The 15 people were selected from a pool of about 1,800 based on suggestions they made to the governor?s Web site on how to cut spending.
According to Corzine, the big problem is property taxes. Bill Zervos agrees. Zervos wants Corzine to freeze property taxes across the board. To do so, he suggests getting rid of municipalities and moving toward a county style of government.
However, tax cuts won't really help as Corzine is already proposing $3 billion in cuts that will affect property tax rebates. Myra Wolgamuth thinks the rebates should be eliminated all together.
"Why don't they just take that money ? and put it into something that is needed," she says.
The roundtable discussion offered up some interesting ideas, such as four-day work weeks for state employees, a benefit concert to raise revenues, rounding off sales to the dollar and using the extra pennies for education. Meantime, the governor is warning of further cuts in state services.
The governor says he liked the suggestions he heard, but stressed that we are in the midst of a recession. He plans to fine tune his proposed budget in April and May.
Analysts say locals shouldn?t be surprised if the governor swings the budget ax some more.


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