Connecticut still has a continuing financial crisis. The current budget that was passed has already a large deficit. Connecticut still has a net migration problem of high income taxpayers who pay a great deal of state income taxes continuing to move out of state. Connecticut still has barely come out of the last recession as it lingers at the bottom ranks of the United States for high taxes, infrastructure, business creation, business friendliness and job creation. The two largest Democrat Party tax increases in the states history have done little to either address the budget deficits or balance the states budget for any period of time during the ruthless Malloy Administration but have done an excellent job in forcing both business and taxpayers to move out of Connecticut. This past week we now hear that the Transportation fund is essentially broke and needs a massive amount of taxpayers monies to stay afloat. This is after the state spent in excess of $100 million dollars for the busway from New Britain to Hartford that still has to be subsidized daily due to low ridership and high costs. It is also spending a massive amount of money on a rail project to Springfield. Unknown to most taxpayers are the totals of the state's short and long term debt along with its unfunded liabilities that are between $60 and $80 billion dollars. How is that going to be paid?
Could it possible that the high taxes, laws, rules, regulations, policies and individuals who run and work for our state government have failed miserably and have created our current horrific economic situation for Connecticut? Could it be that the emphasis of excessively high salaries, benefits and pensions for both state union and management workers as being a sacred right of political patronage has helped to create our current horrific economic situation for Connecticut? Could it be that no one takes responsibility in Hartford for any economic issues as has been seen with this last state budget? Could it be that Connecticut has a spending problem along with a crisis in leadership?
It is funny that my liberal friends can not see the economic damage that "taxing the rich" does to a city or state. Connecticut is a textbook example of how high taxes have helped to destroy an economy. And in looking at the field of Democrats who are running for Governor in 2018 we can look forward to more of the same economic stagnation and political nepotism that has devastated and shattered the states economy for many years now.
Rhetoric not solutions are the norm for Connecticut. 2017 is no different than 2011. It has to stop.