"Outlook on New Jersey Revised to Negative From Stable On Structural Imbalance And Optimistic Revenue Assumptions" Standard & Poor's proclaimed Tuesday, becoming the third credit rating agency to reality check the Christie administration's fiscal rosiness.
Hosting his upbeat, if clunkily titled, "Middle Class Reform Agenda: The fight worth having" road show in Elmwood Park Tuesday, the governor didn't mention the latest Wall Street critique. Which in itself was uplifting, given Christie's penchant for attacking professionals who dare to question his numbers.
Meanwhile, having pretty much dismissed negative reviews of Barack Obama's starring role in the anemic (if not, intangible) national economic recovery, Jersey Democrats eagerly embraced the latest thumbs-down from Wall Street.
Which led Monmouth County Republican Declan O'Scanlon, the Assembly's budget officer, to lambast the lambasters.