Drug Company Roche shows Gov Christie full of crap

[NJMaverick]

Quote:The news that Roche will close its Nutley plant is a terrible blow to all the people who work there. But for Gov. Chris Christie, it should be a wake-up call.
Because to hear him talk, jobs are all about taxes. His economic program boils down to a single piece of dogma: Cut taxes, especially on the rich, and the economy will boom. Raise taxes, kill jobs.
The Roche case shows this is simplistic nonsense. There’s much more to it. Note, first, that the drugmaker had already moved its top executives, and its sales and marketing operations to San Francisco, which has higher taxes than New Jersey. The work it now does in Nutley will be moved to Switzerland and Germany, two more places where taxes are higher than here.
Roche also said it’s seriously considering building a new clinical research center elsewhere in New Jersey, or in other high-tax states. So, despite what Christie says, taxes are not the holy grail.
The reality is, many other factors are at play when a company selects a spot to invest. An educated workforce counts. So does a modern transportation system. Companies look at quality of life and good public schools for their kids, both major draws for New Jersey.

http://blog.nj.com/njv_editorial_page/20...h-tax.html

[jaxx]

That pretty much calls Christie a yes-man. For all his bluster he's nothing but a tool.