The new private sector economy in…. New Jersey

Of all places, New Jersey is leading the way in tearing down government bureaucracy and putting many of the currently state run services back in the hands of the private sector. Well, at least that’s part of the plan in this new report released on ways in which awesomely awesome New Jersey Governor Chris Christie may consider to cut the budget and save New Jersey taxpayers millions.

Report from NorthJersey.com:

New Jersey would close its centralized car inspection lanes and motorists would pay for their own emissions tests under a sweeping set of recommendations set to be released by the Christie administration today.

State parks, psychiatric hospitals and even turnpike toll booths could also be run by private operators, according to the 57-page report on privatization obtained by The Star-Ledger. Preschool classrooms would no longer be built at public expense, state employees would pay for parking and private vendors would dish out food, deliver health care and run education programs behind prison walls.

All told, the report says, New Jersey could save at least $210 million a year by delivering an array of services through private hands.

“The question has to be, ‘Why do you continue to operate in a manner that’s more costly and less effective?’ rather than, ‘Why change?’?” said Richard Zimmer, the former Republican congressman who chaired the task force.

It is unclear how many of the recommendations will be adopted by Governor Christie, who commissioned the report in March. Christie’s spokesman declined comment Thursday.

This is a stunning time in the history of our country. On the one hand, we have New Jersey where Christie is focusing on conservative solutions such as reducing taxes and lessening the burden of government to spur private economic growth in his state. On the other hand we have President Obama who is doing everything in his power to increase the burden of government, increase taxes and kill economic growth in the private sector.

It is the fork in the road and New Jersey is several miles down the right path where they are not considering how to increase taxes, they’re considering how to cut government and give power back to the citizens.

President Obama’s tax-and-spend liberalism is an ancient dinosaur which should be tossed on history’s trash heap of failure. His social programs will increase the burden of government in our lives, not not create an increased quality of life or put more money in our pockets.

New Jersey is going to be a fantastic study over the next 5 years. There is incentive to invest capital in the state and a chief executive who believes in fiscal conservatism at the helm.

Thanks to the awesomely awesome Governor Bob McDonnell in Virginia, we’re headed down a similar path though Virginia was nowhere near in as bad a shape as New Jersey. Both states had been run into the ground fiscally by tax-and-spend Democrat governors.

Christie is working hard to stem the tied of private wealth flowing out of New Jersey by capping property taxes and looking for more ways to ease the tax burden. The same can’t be said on the federal level where we have Keynesian economic theorists at the helm heading for an iceberg.