The Star-Ledger Editorial Board weighs in on the impact of home rule on NJ’s tanking economy:

State cuts must be made. To his credit, Corzine started down that path last year with a $600 million reduction in spending, and the financial crisis forced him to cut hundreds of millions more. But the real answer lies in drastically reducing the size of local government — merging towns and school districts and slashing administrative expenses to bring down the huge costs that drive up both property taxes and state spending.