Wednesday, July 20, 2005

Bloggin', got my chips cashed in

Hidy-ho! This is not Tami again. Yup. Frogsdong. That's me. I may or may not have heard from The One True Tami on double super secret background. I'm not sure. I got this tiny umbrella like you get in those tropical drinks and the words, "the lunatic is on the grass" were scrawled on it, but I don't know what it means.

I am also not sure what this means. Forecasters at Rutgers predict that "Job growth in New Jersey will weaken over the next five years, and many of the new jobs will come in the lower-paying restaurant, leisure and social services sectors."

The five year outlook for New Jersey, at least according to the article, is not as dire as it may at first appear. New Jersey's job growth and economy in general have been outperforming the nation's in th epast. In addition, the Rutgers forecast is based on current circumstances and trends, but cannot possibly take unforeseen circumstances into account. For example, if Senator Corzine is elected and is able to bring his plans to fruition, things could improve even more in this state, even as we have been outperforming the country as a whole for some time and with little help from the federal government. If the Democrats were to strengthen their position in House and Senate in 2006 (can we all say a collective "Dump Mike", referring to Mike Ferguson in the NJ-7th?), New Jersey could reap significant benefits in improved federal funding. Last year, the state received only $0.57 back for every $1.00 we sent to D.C. That's a number that could be improved considerably with a friendlier Congress.

I recommend you read the entire article in for the ups and downs (it's very short) and, if you have the time and inclination, read the actual forecast, which has a rosier tone in general.

Anybody want to take a stab at explaining what it all means? Or even just that "lunatic is on the grass" bit?

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