Thursday, July 24, 2014

More Malloy Connecticut Economic Fantasy News

In Connecticut there seems to be an economic fantasy taking place by Mr. Malloy and Hartford's Omnipotent One Party Rule.
The economic fantasy is to take taxpayer's monies and give it to businesses already here in Connecticut to keep them here.  Some of those same businesses then donate to some "legal" Democratic party campaign fund.  The net result seems to be a business must pay to play here in Connecticut.
We see little if any mention any more on what has happened to state taxpayers monies given to the Back 9 Network, Ticket Network, Hybrid Insurance Group, The Lazy Burrito restaurant and Bridgewater Associates.
Now what is really happening as far as a loss of jobs really does not get mentioned.
What about in Sprague where Fusion Paperboard will close laying off 140 employees?  Didn't they receive a 10 year $3 million dollar loan at 3% interest to expand operations, keep 147 jobs and create 20 new ones?
Oh well what is $3 million dollars when it is not yours.
How about the Sealed Air Corporation moving 50 jobs out of Danbury to Charlotte?
Thus here are two examples of job losses-one critical to the economic vitality of Sprague.

The economic policies of the Malloy Administration and Hartford's Omnipotent One Party Rule are an economic fantasy.  They have failed our state economy.  They have wasted four more years of state taxpayers monies.  It is a false economic reality.  It has failed our economy.

This is the true economic reality that the Malloy Administration and Hartford's Omnipotent One Party Rule are running on.  Do they really deserve re election in November?

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