Swick Speak

A blog devoted to political and economic topics in today's society.

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Location: Wallingford, Connecticut, United States

I have been an educator for 32 years teaching over twenty courses in business and economics on a part time basis for several different colleges and universities here in Connecticut. I have a Bachelors of Science in Journalism and a Masters of Science in Economics. I also enjoy writing about and collecting football memorabilia. I am a member of the Professional Football Researchers Association and a shareholder of the Green Bay Packers. I also publish Gridiron Greats Magazine.

Sunday, April 13, 2014

Is The Tide Turning For Hartford's Omnipotent One Party Rule? Then Back To Normal.

There was a brief bright spot in Connecticut in the 61st District as Republican Tami Zawistowski won the Special Election to replace Democrat Elaine C. O'Brien who passed away seven weeks ago.  Ms. Zawistowski won by a large margin also in the election.
Could this be a trend for November?  Could it mean the end of Hartford's Omnipotent One Party Rule?  Maybe we are seeing that taxpayers are irate over the way Hartford's Omnipotent One Party Rule has damaged Connecticut economically?  The tide has turned and the Democrats are going to be in full spin mode trying to salvage November.  I feel their losses will be mounting through this year.

Another example of the State Legislatures lack of reality, is the Senate led by retiring Senate President Pro Tem Don Williams passed a bill to ban genetically engineered grass seed designed to resist pesticides and herbicides.  However the product apparently has not been developed yet or is in the market.  The House voted down the bill.  My question as a taxpayer is why was this bill even discussed?  With all of the economic problems Connecticut has this was the most pressing issue he could legislate?  And why is Mr. Williams a leading candidate to become President of Quinebaug Valley Community College?  Political connections?  How is he qualified for this position?  After teaching for 32 years why am I not qualified?  I forgot I am not part of the politically elite that have used their political offices for personal and economic gain as is done so well by Hartford's Omnipotent One Party Rule.  Taxpayers serve our elected officials here in Connecticut-this is just another example.

Tuesday, April 01, 2014

April Economic Fools!

April Economic Fools.
What is the real unemployment rate?
April Economic Fools.
What is the real amount of workers who have given up looking for work?
April Economic Fools.
What is the real debt of the United States?
April Economic Fools.
What is the real debt of Connecticut?
April Economic Fools.
What is Affordable Health Care?
April Economic Fools
What is Obamacare?
April Economic Fools
What is the cost of Obamacare to taxpayers?
April Economic Fools
What is the cost of the free money given to Connecticut businesses paid for by taxpayers?
April Economic Fools
What is the real cost of matching funds for Connecticut elections paid for by taxpayers?
April Economic Fools
Are you better off economically than you were in 2008, 2010, 2012,2014?
April Economic Fools
Will you be better off on November 5, 2014?
April Economic Fools

Wednesday, March 26, 2014

This Week's Connecticut Economic Observations

I am back from a too brief visit with family in Florida.  I am always amazed at the lower taxes in Florida as compared to here in Connecticut.  No state income tax in Florida and much lower property taxes.
I also can see how middle class taxpayers here in Connecticut are the true servants to our state government.  State government and Hartford's Omnipotent One  Party Rule represents those politically connected not those who work for a living.  We can see the massive indifference by our elected officials here in Connecticut towards those who they supposedly represent.
For example and a continuing example is the massive amounts of free taxpayers monies which are given out by Hartford's Omnipotent One  Party Rule through the Department of Economic and Community Development (DECD).  We still have no answers on the $400,000,000 that is given out freely and it seems to me without any qualifiers except for not paying much of it back.   I am curious as to what would happen if we did not pay our state taxes, would they be forgiven?
We see now a politically connected individual Anthony Avallone, a 67 year-old former Democratic State Senator, being appointed to a State Judge position and thus qualifying for a massive pension in just three short years.   Apparently he can receive a mere $104,000 a year after three years as a Judge.
I hope he enjoys that sweet taxpayer funded deal due to his political connections.
Connecticut Network CTN, which is the taxpayer funded General Assembly television network watched by many(?) of our state elected officials is scheduled to see its budget increase from a mere $2.5 million a year to $6 million a year through this unseen piece of a new law being promoted in our General Asssembly:
Section 1. Section 2-71x of the general statutes is repealed and the following is substituted in lieu thereof:
For the fiscal year ending June 30, [2007] 2014, and each fiscal year thereafter, the Comptroller shall segregate [two million five hundred thousand] six million dollars of the amount of the funds received by the state from the tax imposed under chapter 211 on public service companies providing community antenna television service in this state. The moneys segregated by the Comptroller shall be deposited with the Treasurer and made available to the Office of Legislative Management to defray the cost of providing the citizens of this state with Connecticut Television Network coverage of state government deliberations and public policy events.

No big deal what is another $3.5 million of taxpayer's monies?

And so it continues-Hartford's Omnipotent One Party Rule ruining Connecticut economically day by day. Connecticut Taxpayers must support this economic regime day by day also.

Wednesday, March 12, 2014

Another Day - Another New Connecticut Utopian Law Proposal

It is another day here in Connecticut, land of economic lasts.

And being another day here in economic lasts, Hartford's Omnipotent One Party Rule has hatched a new plan to spend taxpayers monies.
This new law proposal wants to provide a state retirement pension system for those private sector workers who do not have one where they work.

Senate Majority Leader Martin Looney of New Haven and House Majority Leader Joseph Aresimowicz of Berlin have developed this Utopian/Orwellian plan, both noting they do not know what it will cost the state. Does any elected official know what any programs costs the state? Probably not, but one does not worry about that when you are an elected official in the State of Connecticut. A state of economics lasts in the country.The details naturally are sketchy at this time for this pension plan (sort of like Obamacare), but I thought that was what Social Security was for? I thought Social Security was supposed to take care of us when we retire after paying in taxes to support it for let say give or take 50 years of working-if one starts at age 16 and works until 65. However that is not true now, because you will not receive a large Social Security check when you retire for apparently a variety of economic reasons, the biggest reason being that Social Security is a pyramid scheme and bankrupt (but we will not talk about that).

Here are some free market solutions to this new manufactured Hartford's Omnipotent One Party Rule crisis.
Cut state taxes so that taxpayers who actually work for a living would have more money to save and invest for their retirements (which are hopefully out of Connecticut). Yes cut state taxes. Cut taxes as much as possible. Reduce state government at the same time. Stop micromanaging every aspect of a taxpayer's life here in the state of economics lasts in the country.
However, it is another day here in Connecticut, land of economic lasts. The windows of economic opportunity continue to close daily here in Connecticut, land of economic lasts.
Stop spending taxpayer's monies in these ridiculous programs.

Tuesday, March 04, 2014

Yet More Corporate Welfare In Connecticut Using Taxpayers Dollars

Connecticut is ranked 49 out of 50 states in Fiscal Condition along with many other near last economic categories according to a report recently released by the Mercatus Center of George Mason University.
And Mr. Malloy has given more corporate welfare this time to UTC in the form of a mere $400 million dollar tax break for keeping them here for 15 years and Sikorsky here for five more years before they will probably move.  As part of this agreement UTC must create 400 jobs and invest in a new headquarters in East Hartford along with some other supposed investments.
Whether it is the First Five program, the Department of Economic and Community Development (DECD)  for which taxpayers pay $15.6 million for 212 employees or a golf network which still has yet to broadcast, taxpayers monies are given out freely and usually with no strings attached.  
What is the point of giving taxpayers monies to large companies which are already located here in Connecticut?  They can threaten to move and thus they are granted taxpayers monies to stay.  And in turn many of these same companies employees can give legally donations to the Connecticut Democratic party. What a waste of taxpayers monies.
Connecticut taxpayers must be obedient  to Hartford's Omnipotent One Party Rule.  Taxpayers serve Hartford's Omnipotent One Party Rule by giving their tax dollars to them.  We as taxpayers are at the mercy of a corrupted state political system.  Corporate welfare is just another shining example of this farce called state government.  In a private industry situation we would see our state government fired for economic incompetency and fraud.  In Connecticut the governmental ruling elite is praised and glorified by those who benefit from them.  
It is a corrupted government that we as taxpayers serve here in Connecticut.  It seems like a lost cause.

Wednesday, February 26, 2014

Please Remember Governor Malloy Is Right All Of The Time Especially On Economic Issues

Connecticut taxpayers should always remember that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on economic issues.
The minimum wage is another economic issue that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on.  A higher minimum wage somehow increases economic growth according to Mr. Malloy and Hartford's Omnipotent One Party Rule.  Does the highest tax increase in the state's history inhibit economic growth?  Just curious that if a higher minimum wage increases economic growth how does Mr. Malloy and Hartford's Omnipotent One Party Rule highest tax increase in the state's history increase economic growth?   I do not understand this logic from an economic point of view.
For example can an argument be made that Connecticut's cost of living is excessively high due to high state taxes?  That these high taxes contribute to the economic stagnation of Connecticut since it ranks near last in most economic categories nationwide?  That these high taxes contribute to the massive amount of taxpayers and businesses who continually leave the state each year?  Again this economic logic fails me.  High taxes have help to create the economic debacle we have in 2014 owned by Mr. Malloy and Hartford's Omnipotent One Party Rule.
A higher minimum wage will do little if anything economically for our state other than increase all the costs of good and services along with increasing the costs of doing business in the state.  It is too bad Mr. Malloy did not understand what Governor Jindal said.  Mr. Malloy may be the liberals dream-however he is the economic nightmare of Connecticut's taxpayers.   Nor does Mr. Malloy understand the economic mess he has developed in Connecticut.
Connecticut taxpayers should always remember that Mr. Malloy and Hartford's Omnipotent One Party Rule is always correct on economic issues-except when they are wrong which 99.99% of the time.

Tuesday, February 18, 2014

At What Point Do Taxpayers Say Enough Is Enough?

How much does it cost taxpayers for a job in Connecticut?  You know the one you are subsidizing through the Department of Economic Development?  Or maybe the Governors First Five Program?
Or how about the Express Program?  Or the Express Program Manufacturing Assistance Act Program?  Or the Manufacturing Assistance Act Projects?  And or the Job Expansion Tax Credit Projects?
My rough estimates on all of these somewhat unknown programs is $400,000,000. It is somewhat difficult to find out this information, apparently we as taxpayers in Connecticut do not need to know.  To retain some jobs, to create some new jobs, to see some of these companies who received funds go out of business ($1,350,000. lost there but hey who is counting?) and on and on....
Buy your job here in Connecticut-but wait Connecticut still has a high unemployment rate.  Connecticut is still charging those who pay into the State's Unemployment Fund a yearly surcharge because the fund is still basically broke.  Wait a minute I thought the $400,000,000 was supposed to create jobs and in economic theory eliminate unemployment?  Why wouldn't $400,000,000 jump start Connecticut's economy?  Why is Connecticut still near last in the country in many different economic categories?  Why are there no answers to this?
Wait it is an election year!  We will hear all of the great things Hartford's Omnipotent Democrat One Party Rule has done for us!  Higher taxes!   More unemployment for a longer duration!  More laws controlling our lives!  More and more of an economic debacle that just continues abated!
How much does it cost taxpayers for a job in Connecticut?
And at what point do taxpayers say enough is enough?