“The era of runaway spending and higher and higher taxes has not worked. We have the largest budget deficit per person of any state in the union. We have the highest tax rates in the nation. We have the highest unemployment rate in over a quarter century. Our economy is stagnant, and our people are suffering under the burden government has placed on them. And we cannot continue to mortgage our future if we hope to improve it.” —NJ Gov. Chris Christie, in his inaugural address yesterday
Goodbye, wine and roses
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Published
Jan. 20, 2010, 7:23 a.m. ET