New Jersey’s location between significant metropolitan areas, its advanced infrastructure, and its highly skilled workforce make the state an ideal center for business and commerce. Various factors, however, have placed New Jersey at a disadvantage, and we are now at a critical stage in securing the state’s economic future. To recreate a stable environment where citizens, communities, and businesses can thrive, we must act now. We need to make New Jersey an affordable place to live and work for our residents.
To put the state back on the path toward regional competitiveness and affordability, Opportunity NJ is forming the New Jersey Economic Development and Advisory Council.
Through periodic and direct engagement with state policy leaders, the New Jersey Economic Development and Advisory Council plans to deliver information, research, and data about the impact of policies on job creation, economic stability, and growth. The information that will be shared will come from statewide stakeholder meetings and listening sessions that the Council will conduct, using the Plan for an Affordable New Jersey as a guidepost for discussions.
This will require a hard look at New Jersey’s fiscally challenged and outdated legacy systems:
- School Funding
This also will require action in critical areas to stimulate job growth:
- A moratorium on new proposals and conditions that stifle job creation
- Reform of the state’s business tax structure
- Review of all regulatory mandates
- Prioritization of economic development incentives
To set the framework for the creation of the Council, ONJ representatives have already met with and established a working relationship with the staffs of Governor Murphy, Senate President Sweeney, and Speaker Coughlin.
The time for action is now. Together, we can create a New Jersey that no longer burdens, but empowers its people, businesses, and communities.