"We're at a precarious crossroads," warned moderator MichaelSeeve of Mountain Development Corp., Clifton. In the currentclimate, Seeve pointed out, construction costs are high due to theprice of oil, financing is difficult to secure and approvals slowto arrive. The other panelists agreed that New Jersey is in acrisis.

"We need bold moves and we're not taking them," said Lesniak."We need bipartisan support and we're not giving it."

But bipartisan support will only work if those in poweracknowledge that there's a problem, as Hughes pointed out. He wenton to cite statistics that clearly spell out the fact that NewJersey has experienced anemic job growth in the past several years,only matching the job growth of the country in 2008, when nationaljob growth "cratered."

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