We don’t praise lockdown artist extraordinaire Phil Murphy often, but the New Jersey governor got one right by eliminating the state’s antiquated post-prohibition cap on liquor licenses to no more than one per 3000 residents.
In his state of the state address, Murphy said his plan would produce 10,000 jobs or more annually and generate $10 billion in new economic activity.
That’s probably overly optimistic, but eliminating ancient regulations that limit economic activity can only be a good thing. We encourage other governors to follow Murphy’s lead and end liquor licensing requirements that drive up prices.