Truth In Numbers was born from the idea that the first step in finding solutions to our economic problems is to cut through the political rhetoric and start with identifying and developing data that provides facts and figures as to where New Jersey’s economy truly sits. Only then, once we see the data with an unbiased eye, can we start to identify solutions that will have the intended impact – to make New Jersey affordable again.
Our research strategy is to create a database and chartbook of demographic and economic data that compares the household, business, and government sectors of the New Jersey economy to those of other states in the US that are neighboring or otherwise might be considered competing or “peer” states. We will draw from a wide variety of available data sources including federal-government official statistics (Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics), state-government produced statistics and analysis, as well as some privately-produced (but publicly available) sources that provide more granular views into the various aspects New Jersey’s economy.
Truth In Numbers will weave the data and charts into a “storyline” format that will identify and spotlight specific situations of economic and fiscal weaknesses and burdens (on the one hand) and strengths and opportunities/assets (on the other hand) across the state. The chartbook and storyline will provide the knowledge base needed to come up with well-motivated policy priorities and proposals.
When searching for solutions to our economic problems, we have to ask questions across a spectrum of issues and socio-economic levels. For example, what industries in New Jersey create the best paying jobs? Why do so many high school students leave NJ for other states and why don’t they come back? What incentives will spur much needed economic growth? Is there a path to truly lower property taxes? The list of questions is endless, but ultimately its critical for us to look through an objective lense to see how we can fix these problems.
Truth In Numbers is a non-partisan policy group. What we will work towards, is building a policy group that all New Jerseyans can participate in and ultimately utilize our findings to inform and educate. We want your insights, ideas and solutions. For what is now decades, Trenton has squandered every opportunity and come back with nothing but a tired political answer of higher taxes and more spending. It’s time to take a hard look at the data and see what we really can and should do to restore economic viability to all of New Jersey.
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