At first, Corzine wanted to cut New Jersey’s overwhelming debt load by hocking major highways. Then, he wanted to nudge small municipalities into consolidation by reducing their state aid. None of those strategies worked, so he pulled back.
Now he wants to borrow $3.9 billion for schools. He says that the latter is a “moral obligation.” I’d wager that most of us would like to hear a lot less from Trenton about its claims to moral authority in the public square, especially when its elected officials slice and dice deals for school construction without voter approval, while simultaneously refusing to enact required pension reform legislation.
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