- December 7, 2016
- Center on Wisconsin Strategy (COWS)
- Mel Meder, Satya Rhodes-Conway, Laura Dresser, & Andrew Wolf
New Jersey’s economy has not recovered from the recession like it could – and should – have. Economic difficulties that began with losses in manufacturing jobs throughout the 1980s have persisted. Despite a diverse population and a shift in land use from sprawling suburban growth to more infill development, job numbers and GDP are growing too slowly. And what growth there is, isn’t distributed equally. New Jersey struggles with extreme racial and economic disparities that distribute the benefits of the economy not as shared prosperity, but to the wealthy.
State policy can and must lift up working people and their families, creating a more equitable and inclusive New Jersey. The State must act to raise labor market standards, creating more jobs that pay good wages and provide full benefits. State economic development strategy should also adopt higher standards, ensuring that only businesses that provide good jobs are incentivized with public funds. Housing and transportation policy at the state level should direct resources and planning toward more connected, dense neighborhoods that are either near job centers or within easy, affordable transit access to job opportunities; key to this will be ensuring that affordable housing is available, especially in areas with increasing development. Additionally, policy shifts can uphold the civil rights of people of color and immigrants, while also protecting these communities from disproportionate health and economic impacts of environmental degradation. This report discusses a selection of such policies.