Word: jerseyed
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Other economists note, however, that because a majority of minimum-wage earners work in outsourcing-resistant service jobs, businesses will have a hard time handing out pink slips en masse. Researchers at the University of California at Berkeley found that after an 80-cent New Jersey minimum wage hike in 1992, employment in the state's fast-food restaurants rose slightly faster than in Pennsylvania, where the minimum wage did not change. (The law's effects showed up, instead, in prices: the tab at New Jersey fast-food restaurants grew about 4% faster than at greasy spoons in Pennsylvania.) Instead...
Every year about this time, bluefish school off the New Jersey shore. For fishermen in the right spot, it's often a stunning abundance of fortune. One minute they're waiting patiently for a bite, and the next they can hook a bluefish with live bait, lures, a piece of baloney on a hook. The fish just can't help themselves...
...Federal agents must have felt like those fishermen during the investigation that eventually took down 44 people in one of the largest corruption stings in New Jersey's malodorous history. The FBI did what cops normally do when they catch a thief in the act and don't think he's acting alone - they make him an informant. The informant in this case was a failed developer turned bank-fraud artist named Solomon Dwek, who then hung out his shingle as a bankruptcy fraudster who would launder money or buy off politicians for a small fee. The feds threw Dwek...
...Soon enough, the feeding frenzy began. They got a mayor allegedly taking a bribe to get a construction permit. And then another. And then another. Do schools of corrupt mayors swim off the Jersey shore too? They got a rabbi picking up wads of cash in Brooklyn and laundering the money through a charity at his synagogue in Deal, N.J., on behalf of unknown persons in Israel. And as for petty officials of the Garden State - building inspectors, councilmen, deputy mayors and the like - you could imagine the FBI's relatively small office in Red Bank, N.J. frantically trying...
...This looks bad for my home state of New Jersey, but critics are failing to see the beauty in this bust. First of all, it shows how wonderfully diverse New Jersey has become. When I was kid, the Irish ran Hudson County and Jersey City, the Italians had Hoboken and Newark, and in later years Hispanics muscled into West New York and Union City. They did not share. Look at the names on yesterday's arrest list, and it's a beautiful rainbow of wretchedness. Italians, Jews and Irish; Hispanics, blacks and whites. Democrats and (one) Republicans. Men and women...