More Regulations for NJ Businesses

By Joe Schilp

Joe Schilp

Joe Schilp

This past week, the New Jersey state Senate and Assembly both passed the “Opportunity to Compete Act,” which prohibits businesses with more than 14 employees from asking applicants to check a box to indicate whether they have been convicted of a crime.  Additionally, businesses would be prohibited from asking first-time interviewees if they’ve been convicted of a crime.

It has been reported that NJ Governor Chris Christie’s office worked with the legislators on the language of the bill; thus, Christie is expected to sign the bill into law.

New Jersey is already one of the least business-friendly states in the United States.  According to the Tax Foundation’s 2014 State Business Tax Climate Index, NJ was the 2nd least business-friendly state – based on over 100 criteria – and ranked at the bottom in income taxes, corporate taxes, sales tax and property tax.  And this ranking does not account for the Democrat-controlled legislature’s zeal to increase the “millionaire’s tax” that affects far more people making less than a million dollars a year than people making more than that.

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Posted: June 29th, 2014 | Author: | Filed under: Economy, NJ State Legislature, Opinion | Tags: , , , , | 6 Comments »

Approved NJ Senate bills call for agencies to buy American products

Approved NJ Senate bills call for agencies to buy American products (via NJ.com)

TRENTON — The New Jersey Senate today approved a package of bills that calls for state agencies and bi-state commissions, including the Port Authority of New York and New Jersey, to buy products made in America. If approved by the Assembly as well…

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Posted: June 12th, 2014 | Author: | Filed under: Economy, New Jersey, News, NJ State Legislature | Tags: , , , | 4 Comments »

$82 Million EDA Subsidy of 76ers Facility in Camden Spurs Debate On Tax Breaks

$82 Million EDA Subsidy of 76ers Facility in Camden Spurs Debate On Tax Breaks (via NJSpotlight)

It isn’t often that liberal New Jersey Policy Perspective and conservative Americans For Prosperity agree, but yesterday both ends of New Jersey’s political spectrum sharply criticized the state Economic Development Authority’s decision to grant…

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Posted: June 11th, 2014 | Author: | Filed under: Economy, EDA, News | Tags: , , , | 1 Comment »

Guadagno Visit to TechLaunch Sparks Small Business Week Enthusiasm

Guadagno Visit to TechLaunch Sparks Small Business Week Enthusiasm (via NJ Tech Weekly)

New Jersey Lt. Gov. Kim Guadagno visited the TechLaunch (Clifton) accelerator on May 6, 2014, bringing her own special brand of excitement and marketing know-how to the young companies participating in the 16-week boot camp program. She dropped by TechLaunch…

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Posted: May 19th, 2014 | Author: | Filed under: Christie Administration, Economy, Kim Guadagno | Tags: , , , , | Comments Off

NJ budget suffers another setback with $600M hole in April

NJ budget suffers another setback with $600M hole in April (via NJ.com)

TRENTON — New Jersey’s budget will take a big hit in April to the tune of $600 million, state officials announced today, warning that one of the best months for tax collections has been seriously behind Gov. Chris Christie’s expectations. The…

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Posted: April 29th, 2014 | Author: | Filed under: Chris Christie, Economy, New Jersey State Budget | Tags: , , | 4 Comments »

Jobless rate rises in NJ as state lost 1,300 jobs in March

Jobless rate rises in NJ as state lost 1,300 jobs in March (via NJ.com)

Unemployment rose slightly in New Jersey last month as the state lost about 1,300 jobs, according to preliminary data from the U.S. Bureau of Labor Statistics. The private sector shed 700 jobs, according to the report, and the public sector lost 600…

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Posted: April 18th, 2014 | Author: | Filed under: Economy, New Jersey | Tags: , , | Comments Off

S&P Turns Thumb Down On Christie Budgets, Downgrades Bond Rating

S&P Turns Thumb Down On Christie Budgets, Downgrades Bond Rating (via NJSpotlight)

In a sharp blow to New Jersey’s shaky budget structure, Standard & Poor’s yesterday downgraded New Jersey’s bond rating for the second time in Gov. Chris Christie’s tenure, driving up future borrowing costs and dropping New Jersey from a AA…

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Posted: April 10th, 2014 | Author: | Filed under: Economy, New Jersey State Budget | Tags: , | Comments Off

Depressing scene at Brookdale Job Fair

By Art Gallagher
artvg@aol.com

Hundreds of middle-aged people looking for work at Brookdale this morning. April 4, 2014

Hundreds of middle-aged people looking for work at Brookdale this morning. April 4, 2014

When I was readying to leave the house this morning,  my wife asked if I was working on a story.  “No, I’m looking for a job,” I replied.  Her head snapped up in surprise. In all the years she’s known me I’ve never said those words.  I’ve always been the owner, or early in our relationship, an unmanageable top producing salesman.

The truth is I wasn’t sure what I was doing when I headed into the job fair at Brookdale Community College this morning.  I met a NJ.com reporter who got the ax yesterday, effective in September, in the overflowing parking lot outside of Collins Arena.  “Working a story or looking for a job?” I asked him.  “A little of both,” he replied before getting called away to cover a fatal car accident in Howell.

I was doing a little of both too. I’m having more fun building this business, MMM, than I had in building any of the others I’ve built or help build, but the revenue is not coming fast enough.  If the big media companies are contracting, there’s no harm in taking a look at what is out there, especially if I can make a story out of it and meet potential advertisers.

“Ha, you’re here looking for advertisers,” a recruiter from Town Square Media said to me when I introduced myself and asked her what an Integrated Sales Person was. She got me, but if Town Square wants to buy MMM, give me a radio show, blog and a fat check, I’ll listen.  An Integrated Sales Person sells ad for websites, radio shows and other mediums, I found out.  I’m now looking for one of those.  The recruiter either wasn’t aggressive or quickly sized me up as not a good fit. Probably both.

The Asbury Park Press’s recruiter was telling visitors to their booth that they weren’t hiring until they finish their across the street move in Neptune. Why were they there? Gannett would have to write a really big check and give me more authority than any corporate nudnik would consider in order to get me to fix that mess.

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Posted: April 4th, 2014 | Author: | Filed under: Art Gallagher, Asbury Park Press, Brookdale Community College, Economy, Education, Monmouth County | Tags: , , , , , , , , | 14 Comments »

NJ budget won’t get much help from state economy, expert warns

NJ budget won’t get much help from state economy, expert warns (via NJ.com)

TRENTON — New Jersey is in for another year of lackluster economic growth, and the new spending plan Gov. Chris Christie is proposing widens the shortfall in the state budget to $526 million by summer 2015, the state Legislature’s top financial…

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Posted: April 2nd, 2014 | Author: | Filed under: Economy, New Jersey State Budget | Tags: , | Comments Off

Tesla Wants Special Treatment

The problem is, they’ve already gotten special treatment

TeslaTesla Motors, the manufacturer and retailer of electric powered cars, boasts on its website that it is “redefining the way cars are sold.”

They’ve been selling new cars in an unconventional way in New Jersey for one, two or four years, depending on who is telling the truth.  They have a problem now, because the New Jersey Motor Vehicle Commission suddenly adopted what Tesla is calling a “new rule” that is consistent with decades old law allowing only franchised new car dealerships to sell new cars in New Jersey.

Instead of visiting a new car dealership where you test drive a car, haggle with a salesperson, wait for the salesperson to come back from pretending to talk to his/her manager, make a deal, get passed off to the business manager who bumps your interest rate, tries to sell you undercoating, credit insurance and an extended warranty and then wait a while longer to drive home in your new car, you can’t buy a car at Tesla’s two stores in New Jersey.

Tesla’s New Jersey stores are inside the Short Hills Mall in Short Hills and the Garden State Plaza Mall in Paramus.  You can’t get your new electric car at one of those stores.  You can’t even order it at the store.  You can only look at a car and talk about it.  If you want to buy one, you have to order it online and wait for it to be built in California before you take delivery. If you want to test drive one, you have to an request an appointment online.  It might take a day or two for a representative to get back to you with an appointment.  Test drives and new car deliveries are done out of the company’s service facility in Springfield.

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Posted: March 12th, 2014 | Author: | Filed under: Christie Administration, Economy, Motor Vehicle Commission, MVC, NJ State Legislature | Tags: , , , , , , | 9 Comments »