Saturday, November 18, 2017

Why Democrat Dan Malloy has never been trusted. Connecticut's new budget crisis.

Dan Malloy Connecticut's lame duck Governor can not be trusted.  He should be viewed as a Dictator not a Governor.  In my opinion he has never been trusted since he has been elected.  He has an obsession in cutting and destroying fiscally conservative and financially well run Republican led towns in order to preserve both union and non union management benefits, salaries and pensions.  He has decided not to follow what was voted upon in the budget that was just passed in which he was required to find cuts to state overtime and to consolidated bloated government administrative functions.  Thus instead he cuts now $91 million dollars to aid that Connecticut's municipalities were counting on after their budgets have been passed and enacted.  This comes after the first series of cuts to their aid.
To explain this example as far as it pertains to Wallingford, the town now loses $1.8 million dollars in funding that they have budgeted for in the current fiscal year that is five months old.  Thus where does Wallingford find this money?  It only has three choices.  First it can somehow cut this money from the current budget.  This is difficult to do since we are already five months into the budget.  Second it can raise taxes however this can not occur until the next fiscal year.  Lastly it can raid its rainy day fund to cover this cut.  In this past local election the rainy day fund and budget surpluses were an issue by the Democrats (along with Charter Revision).  The Democrats claim and have claimed in the past that Wallingford has too high of a rainy day fund.  Is it too high now?  Since the Democrat Governor has decided to make an example of Wallingford because it is run efficiently and with fiscal conservatism by cutting $1.8 million dollars?
Dan Malloy now gets what he wanted all along with his economically irrational budgets he has proposed, the massive shift of costs of state mandated programs, services and teacher pensions to cities and towns from the state.  Connecticut budget in theory then becomes only a tool to manage for a select few union and non union management employees benefits, salaries and pensions.  It also must keep paying interest on its massive amount of bonding debt along with its unfunded short and long term liabilities.  We again see clearly the economic non sustainability of our state government since its only mission is to protect the politically connected state work force.
The Connecticut Democrat Party and its Governor can only be viewed as an economic cancer to the state.  Year in and year out Connecticut voters have heard the promises that become lies from them.  This budget is no different than all of the other Malloy budgets, higher taxes, higher spending on union and non union management employee benefits, salaries and pensions.   Dan Malloy can never be trusted, he is not a leader.  He can not be propped up any more.  He really should resign and be done with it.
Why Connecticut voters decided to trust Democrats this past local election defies logic.  However I am confident that voter remorse will set in very quickly in January.  Especially when they get their new property tax bills in 2018.

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