I do not want to use the word stupid. But in my economic opinion we have an incoherent irrational economic plan and policy in Connecticut in 2014. And we have had this plan and policy for years now especially since 2011 when we had the largest tax increase in the state’s history and now have a looming (pick a number) $3 to $4 billion dollar deficit upcoming.
And we have to blame the economic stupidity of the Malloy Administration and Hartford’s Omnipotent One Party Rule for it. It makes no sense economically to continue what we are doing.
Does it make sense economically to pay a firm using taxpayer’s monies to move from one town in the state to another?
Does it make sense economically to have the highest tax increase in the state’s history only to now have another $3 to $4 billion dollar budget deficit?
Does it make sense to give economic development taxpayer’s monies to only those who are politically connected and then see them disappear with the money? And never to be heard from and read about it in the news? For example Hybrid Insurance.
We have no economic plan other than to feed taxpayer’s monies to those who are politically connected in our state. Winner and losers are chosen by the Malloy Administration and Hartford’s Omnipotent One Party Rule. And the time has come for it to end.
We need to end the economic stupidity which taxpayers must pay for. We need for taxpayers to stop being the economic doormat for the politically connected in Hartford. Economic stupidity. What we have in Connecticut in 2014 under the Malloy Administration and Hartford’s Omnipotent One Party Rule.
Tom Foley is running for Governor and will provide actual economic leadership for the state-how about a change this November?