Higher-ed bond issue seen as crucial for jobs, economy

NEW BRUNSWICK – The state’s political and higher education leaders called on the public to support the $750 million bond referendum that will go toward upgrading classrooms, labs and buildings at the state’s public colleges and universities.

The campaign to rally support, known as “Building Our Future, Yes On 1” refers to the first question that will appear on the general election ballot when residents vote on Nov. 6.

The state Legislature voted overwhelmingly to have the question posted on the ballot.

A pamphlet was handed out at the rally today at Rutgers University, largely consisting of trade union workers, many of whom are seeking construction work. Among other things, it read, “Vote yes on 1 so New Jersey can compete with New York, Connecticut and China in the high-tech economy of the future.”

The head of the Rutgers University Board of Governors pointed out there are a lot of construction workers available now. He added this is the best time to build.

“Interest rates are low and labor is available,” said Ralph Izzo.

Bill Mullen, head of the state’s trade union council, said something needs to happen to improve the state’s economic climate.

“We have a tough time retaining businesses,” he said. “We have to do something to move the economy.

Higher-ed bond issue seen as crucial for jobs, economy