New Jersey's largest newspaper, the Star-Ledger, is facing intense criticism for its reelection endorsement of New Jersey senator Bob Menendez, who was "Severely admonished" by a bipartisan Senate ethics panel for accepting gifts from a donor and advocating for the donor's personal interests.
Like many local newspapers, the Star-Ledger has a reliably left-leaning editorial board that has consistently supported big-government Democrats who spend their state and local governments into economic oblivion.
Many left-leaning newspapers lament the economic forces shrinking their industry, gobbling up jobs and newspapers with startling speed.
An episode in recent New Jersey history illustrates this point.
What the publisher didn't mention: when Governor Jim McGreevey raised corporate taxes in New Jersey in 2002, the Star-Ledger editorial board praised the increase as a necessary "Compromise" for a state government that had taken in "Only" $22.4 billion in revenues but had allocated $23.4 billion in projected spending.
A few days after the budget passed, the CEO of Federated Department Stores, which operated Macy's and Bloomingdale's in New Jersey, said that the new tax was so onerous that it threatened local profitability, and that the company would probably open no more stores in the state-and might actually close some.
The Menendez endorsement might be the story today, but in New Jersey and elsewhere, there's an older, more telling story-about economic decline.
https://www.city-journal.org/star-ledger-backs-bob-menendez
Like many local newspapers, the Star-Ledger has a reliably left-leaning editorial board that has consistently supported big-government Democrats who spend their state and local governments into economic oblivion.
Many left-leaning newspapers lament the economic forces shrinking their industry, gobbling up jobs and newspapers with startling speed.
An episode in recent New Jersey history illustrates this point.
What the publisher didn't mention: when Governor Jim McGreevey raised corporate taxes in New Jersey in 2002, the Star-Ledger editorial board praised the increase as a necessary "Compromise" for a state government that had taken in "Only" $22.4 billion in revenues but had allocated $23.4 billion in projected spending.
A few days after the budget passed, the CEO of Federated Department Stores, which operated Macy's and Bloomingdale's in New Jersey, said that the new tax was so onerous that it threatened local profitability, and that the company would probably open no more stores in the state-and might actually close some.
The Menendez endorsement might be the story today, but in New Jersey and elsewhere, there's an older, more telling story-about economic decline.
https://www.city-journal.org/star-ledger-backs-bob-menendez
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