New Jersey’s biggest economic issue?

    A State Budget Crisis Task Force report issued last week warns that New Jersey and other state governments face looming fiscal crises in the years ahead that will require revenues and cuts.

    The report examined six states: New York, California, Illinois, Virginia and Texas, in addition to New Jersey. According to NJ Spotlight, the six states together make up for more than 35 percent of the nation’s population.

    The report shows in comparison, New Jersey’s overall recovery from the job and revenue losses from 2007-2009, a time referred to as the Great Recession has been slower.

    Below, we’ve listed five issues from the report.

    What issues would you add to the list?Tell us in the comments below.

    Pension
    State revenue
    Jobs
    Highways
    Bridges

     

     

    The graphic below shows how New Jersey compares with other states in employment change, taxes and revenue, pensions and debit, infrastructure and impact of potential federal cuts. The information used in the graphic is from the State Budget Crisis Task Force Report, issued July 17, 2012. (Graphic courtesy of NJSpotlight.com)

    NJGraphic2251

    Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

    It will take 126,000 members this year for great news and programs to thrive. Help us get to 100% of the goal.