In difficult times many think only of reducing spending. Indeed, there are many programs that an abundantly wealthy society may want to have that are out of reach to those in a fiscal crisis. However, there are numerous ways in which we can exercise fiscal responsibility.
One of the most significant of these is shared services. Sharing police forces, public works departments, administration and other municipal services will result in immediate savings. Working hard to eliminate fraud and waste and to ensure that the laws already in place are stringently enforced will also result in huge savings. Of course, in addition to reducing spending, enhancing revenue will enable New Jersey to be fiscally responsible and appropriately compassionate. Shared Sacrifice is a term that has been bandied about but not really implemented.
The bulk of the sacrifice has been the burden of the overwhelmed middle class as the very wealthy are paying less tax than at any time in recent history. Twice the Democrats introduced and passed legislation increasing tax on those earning over $1 Million per year, and twice Christie vetoed it, choosing instead to protect the 16,000 million dollar earners in the state.