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Greenwald: Christie’s "Jersey Setback" Reaches 9.8% Unemployment

Assembly Majority Leader Louis Greenwald (D-Camden/Burlington) released the following statement Thursday on reports that New Jersey’s unemployment rate increased to 9.8% in July, up from 9.6% in June and 9.2% in May:

“With unemployment reaching 9.8 percent in July, it’s clear that Chris Christie’s ‘Jersey Comeback’ is as elusive as Mitt Romney’s tax returns. Then again, since he’s spent so much time out of state campaigning for Governor Romney lately, perhaps he hasn’t noticed that the only people feeling a ‘Comeback’ under Christie are the millionaires and billionaires enjoying massive tax breaks.”

“In addition to vetoing job-creation bills with bipartisan support, Governor Christie has stubbornly rejected proposals for middle-class property tax relief that will grow New Jersey’s economy. It’s time for Governor Christie to realize that slogans don’t create jobs. We’ve had nearly three years of Christie’s slogans, and the results are in: net property taxes are up 20 percent, unemployment is at a sky-high 9.8 percent and middle-class families continue to struggle.”