From the APP:
New Jersey’s economy looks far different than it did when the Great Recession struck a decade ago, but its long-standing problems are firmly in place, academic and business leaders said Wednesday.
It prompted them to urge incoming Gov. Phil Murphy to break through the polarized political climate and develop a clear plan that will lead to long-term growth.
“Phil Murphy is a wonderful person,” said Tom Bracken, president and chief executive officer of the New Jersey Chamber of Commerce. “But where are we going?”
Bracken joined other leaders at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy for a forum that took stock of the state’s economy 10 years after the recession.
It came at a crossroads. Murphy, a Democrat, is getting set to take over for Republican Gov. Chris Christie on Jan. 16, becoming the latest in a long line of governors facing a seemingly intractable problem: The state needs to invest in work force development and transportation, but its residents are already among the nation’s most heavily taxed.