He makes a big deal of balancing two budgets - something he is legally required to do. It ignores how he did it. His two budgets were for the fiscal years, July 2010 - June 2011 and July 2011 - June 2012. Corzine also passed balanced budgets, including the toughest one in spring 2009, after NJ tax receipts fell drastically with the collapse of the finacial markets.
I decided to try to compare the trend in unemployment in NJ and similar states a few months ago.
NJ is an affluent state with an abundance of jobs in R&D and in Finance. It is also a state where high school kids are among the top performing in the country. It also has a significant number of older urban centers that were once successful cities. Another state that could be described similarly is MA.
Since Governor Christie was elected in 2009, you can think of these two states as if they were testing the republican and the Democratic economic solutions. From two sources, here are the unemployment rates.
December 2009 (a month after Christie was elected - as a baseline): NJ - 10.0 MA - 9.3
December 2010 : : NJ - 9.1 MA - 8.2 (The budget for the first half of 2010 was passed in 2009 by Corzine)
Then -
May 2011: : NJ- 9.4 MA - 7.6
NJ is WORSE, while MA is continuing to get better. (The August 2011 numbers are NJ at 9.4 and MA at 7.4 )
If you look at NY, also run by a Democratic governor, the results look like MA's. What is clear is that the cuts that Christie forced through have hurt the state of NJ.
Here are the two links:
For the 2009 and 2010 data -
http://www.foxnews.com/us/2011/01/25/unemployment-rates-state-glanceFor the 2011 data: -
http://www.ncsl.org/?tabid=13308(Both are simply releases of the same government data.)
Given the similarities between the states, with the only difference being the policies pushed by the respective Governors, this is not good for Christie.