Does N.J. have what it takes to resuscitate its middle class? Maybe | Opinion
New Jersey’s first settlers were Swedes who took root in the mid-1600s along the Hudson River up north and the Delaware River down south.
Since then, the population of Sweden and New Jersey has grown to around 9 million.
Today, each of their economies is similarly sized, around a half-trillion dollars.
However, there has been a singularly stark divergence between their middle classes.
There may be a lesson — or a warning — here for New Jerseyans who have been long accustomed to the unceasing certainty of upward economic mobility.
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