Newark trails Baltimore, Detroit as worst U.S. city to start a business

By Matt Rooney | The Save Jersey Blog

This may be the least surprising headline I ever post in this blog’s nearly 7-year history, Save Jerseyans. But here it is:

A Cory Booker "jobs" ad from his 2013 U.S. Senate campaign.
A Cory Booker “jobs” ad from his 2013 U.S. Senate campaign.

On Monday, WalletHub ranked Newark, New Jersey as #1 on its list of the “Worst Cities to Start a Business” in the United States.

Shocking, right?

WalletHub evaluated 13 metrics (e.g. educated workforce, access to financing, entrepreneurship, etc.) for the country’s 150 largest cities and the Brick City’s business environment came in dead last. Notwithstanding its prime geographic location and billions of dollars in state aid.

Detroit, by the way, finished at 56.

Even riot-stricken Baltimore cracked the top 100 (#98), 48-years after Newark’s own riots.

So here’s hoping Ras Baraka, Cory Booker, Sharpe James, and everyone else responsible for putting (or keeping) Newark in its current sorry state feel at least a tinge of guilt upon hearing this news so as to reassure the rest of us that they’re actually capable of a little humanity. This situation is an utter and complete disgrace, and there’s no one to blame other than a parade of pathetic leadership. 

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8 thoughts on “Newark trails Baltimore, Detroit as worst U.S. city to start a business

  1. I think these things are stupid. Who the hell is WalletHub? The fact is that many of their criteria they used makes no sense. But oh well – just another braindead reason to knock on our cities. When are New Jerseyans going to stop posting nonsense crap like this and demand that we invest money to attract corporations to our cities instead of wasting billions on projects to export our jobs out of state???

  2. I guess the $25,000 per student that state taxpayers are shelling out is accomplishing what it could easily have been projected to accomplish. Absolutely nothing.

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