Chris Christie is an idiot. His hallmark economic development achievement, the $2.4 billion “Revel Casino-Hotel Resort” has already gone bankrupt once and is on the fast track to a second bankruptcy. Christie’s boondongle hopes to lose a mere $43 million this year. Believe it or not, that’s a win. The annual operating losses had been running around $180 million, but a big cash infusion of $261 million from the GOP’s business brainiac, courtesy of the Garden State’s tax payers, has papered over some of those outsized losses. If he started a space program, or just handed out $100 bills, instead of sinking tax money into this, he (and the state) would be better off.
He may win a second term in office, but there is no way he makes it any closer to DC than a box seat at a Blue Hens game.