Saturday, February 11, 2023

Democrat Connecticut Has Massive Budget Increases Year In And Year Out-Why?

Over the years, I have been asked why a state as small as Connecticut with as little population as it has spends as much money as it does each year?  Unfortunately, It is a very difficult question to answer.  Back in 1991 Connecticut's budget was under $8 billion dollars a year.  The new proposed budget for FY 2023-24 by Democrat Governor Ned Lamont plans to spend over $25 billion dollars each year for a new $50.5 billion bi-annual budget, including another $1 billion dollars or so in new bonding yet again.  If one does some quick math, state spending has increased roughly by 312% in 32 years, or a minimum of 10% per year. When short and long term debt and unfunded liabilities are taken into account, Connecticut's fiscal ditch can be estimated to be roughly $150 billion dollars.  Part of the reason why the state spends as much as it does is because of the fiscal narcotic state income tax available to it along with the over market value and over paid state employee benefits, salaries and pensions it is committed to pay.  Connecticut has seen a net decline in its population and many higher income earning workers flee the state over the past 32 years.  Contrary to the Democrat rhetoric of how great the state is, Connecticut still ranks last and or near last in most business and economic climate categories in the country, while having some of the highest tax rates in the country. 

The new budget sees a similar trend of the past 32 years.  Spending is increased, various taxes have minor cuts while other taxes remain the same and or are increased, while different state groups, local groups, cities, towns, state departments and other advocacy groups complain they need more money and or are not getting enough money to function.  This budget offers some middle class workers a cut in their income tax rates that may save them on average $300 for single filers and a whopping $600 for couples.   Lamont's new budget also offers massive pay raises of 5.5% pay hike in the first year and 4% in the second for judges, that he claims would aid with judge recruitment and retention of these same judges.  I did not realize that judges were so hard to find in the state since they are mostly political appointments.  Thus this years budget follows the narrative that Connecticut's economy has never been better, taxes are being cut by roughly one tenth of one per cent in proportion to the $50.5 billion dollar budget for individual taxpayers, more laws limiting personal freedom will be enacted and the cycle to economic Armageddon has once again been adverted.  In my opinion, truths, lies and deceptions are the yearly norm when it comes to the state budget while obviously throwing more Connecticut taxpayer's money at everything and anything. Again, this standard mode of operating will correct any negative social or economic situation permanently. It always does. 

Reality paints a much harsher picture of the social and economic Utopia called Connecticut.  The state has many long-standing social and economic issues that it just can not shake.  I might be in the minority for calling this out as I see the same problems the state has had year in and year out for well over 30 years now, continue.  One of the biggest issues the state has since it has now accepted permanent Democrat one-party rule is that is has an unsustainable debt and unfunded liabilities funding problem that has never been addressed. How much more will borrowed and never be paid back?  I know the yearly calls for living 
within the budget and other incoherent economic gibberish spewed by elected officials have grown stale.  In my opinion Connecticut spends an excessive amount of money for a state as small as it is with a population as small as it is.   It has an enormous debt problem along with horrifically Democrat run cities that are unsafe economic wastelands and offer little economic freedom for those who live in them.  There are really two different Connecticut's.  The Connecticut that the working middle class must fight daily that offers illogical laws, poor politically correct public education, social unrest, high taxes and crime throughout the state.  The Connecticut that the politically connected and wealthy live in avoids all of this at all costs, for these problems are for the peons who must toil to support the excesses of state government, and not theirs.

It is imperative for Connecticut to cut state spending.  Connecticut needs to address its short and long term debt and unfunded liabilities.  Connecticut needs to address the rampant crime, theft and murders that occur on a daily basis.  Connecticut needs to address its public education crisis.  Connecticut needs to address its infrastructure problems.  Connecticut needs to address its illegal drug crisis.  Connecticut needs real action and not laws that allow for illegal people to vote in its elections nor for legal citizens to be silenced when questioning an elected official on social media.  Connecticut could really use real, honest, and ethical governmental leaders to run the state and not the current profit driven Governor who has skillfully eliminated transparency in his administration.  Connecticut has massive budget increases year in and year out with little to show for it.  It is the Connecticut Democrat Party's debacle to forced social and economic ruin.  And it is 1776 all over again.

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