The time of Disaster has finally come, being long in the making. The bell
now tolls for Connecticut, being the fifth state in our country since 1788.
Ironically bearing the moniker of "The
Constitution State," Connecticut seems to be gasping its' last breaths of its
236-year existence.
The
trip along the highway to disaster accelerated since
the advent of the "cure-all" Utopian State Income Tax that was passed
in 1991. Since that time, the state budget has increased from $7.9
billion
dollars in 1991 to over $26 billion dollars in 2024. That is an increase
of
over 270%, far exceeding the rate of inflation. But has there been a
great
influx of new residents over thirty-five years? Hardly not.
Connecticut's
population has increased in the same period since 1991 by only 300,000
people
from 3.2 million to 3.6 million in 2024. This is a 12% increase in 33
years,
being far below the population increase in our country. So, using pure
simple
mathematics, there is no “population boom” nor teeming attraction for
people to
move into Connecticut. This realization is truly sickening, especially
after the lies the Democrats and state-run media sources have fed to us
to the contrary.
But that is just one symptom of the trip on the road
to ruin. What was the cause? In recent history, we can start with Connecticut's
Governor in 1991. The Governor was the liberal Republican turned Independent
multi-millionaire Lowell Weicker, who was hailed at the time of enactment of
the state income tax as saving the state from bankruptcy and cuts from
essential services in the state. When looking back at some of the articles
written during this debate, we heard that children would be starving, the
homeless would have no place to go, and drug addicts would no longer be cared
for if we did not enact the tax. The elderly would also become homeless with
little to no social welfare programs for them, and anyone else would be in
grave difficulty especially those most in need. Pedestrians would be shot and
killed. Drug addicts would roam, rob, and pillage the streets! Women would be
raped! Roads and bridges would be collapsing! Kids would come out of school
stupid with no marketable skills whatsoever! Of course, these were all classic
Connecticut Democrat Party talking points which have now turned into realities
in Democrat Connecticut and are more solid realities after 35 years of separating
Connecticut from their wallets and purses via tax money.
But on the road to the fiscal disaster Connecticut
has a pattern of repeating its greatest hits. In 2024, Connecticut's Governor
is the liberal Democrat vapid multi-millionaire King Ned Lamont, "The
Unaccountable" who has helped to nurture massive increases in state
spending, profited personally through questionable, unethical business dealings
with no-bid state contracts going to firms such as Sema4 that were heavily invested in his wife's hedge
fund Oak HC/FT, and has veto proof power in the State Legislature with an
omnipotent one-party Democrat ruled majority. As my friend and colleague Tony
De Angelo pointed out this past week, SEC documents show that the Lamont-related interests made upwards
of $77,000,000 in one day at the Sema4 public offering to a
chorus of silence from anyone in the political sphere or corporate state-run media
interests. But that egregious rape of ethics pales in comparison to the fact
that any piece of liberal, socialist, or communist legislation can be rammed
through and signed with ease by Lamont over the next two years. But what about
that thing called Ethics? It is common knowledge that the Connecticut State Ethics Department
could not find an elephant in the snow, and this has been made much more clear since the Lamont-related pillagings.
The time for disaster has arrived for a true dictatorship and treasury leveraging never seen before anywhere in
236 years.
But despite the incredibly obscene and bulbous
amounts of tax money collected by Connecticut over thirty-five years, it is
ironic that in 2024 we see the same issues that the state prophesied in 1991. Children
are not being cared for except for things such as gender change. There is
still a homeless crisis. There is a massive illegal drug crisis. There is now
massive crime and theft in the state. There are still massive infrastructure
problems with constant road and bridge repair needed. Yet the state budget
increased by over 270% with the state income tax. And Connecticut has $125
to $150 Billion
dollars in short- and long-term debt along with unfunded liabilities
that just
never get mentioned, as the prevailing ideology is that saving the
“fiscal
guardrails” will save us all. Regrettably, nothing can be farther from
the
truth. As one cause, it is rarely discussed in 2024 that the bulk
of the state's spending goes to state employee salaries, benefits, and
pensions
along with interest on the state debt. There is little to spend
elsewhere. Read the state budget for this economic reality for yourself
(https://portal.ct.gov/opm/bud-budgets/2024-2025-biennial-budget/fy-2024-2025-biennial-budget).
Connecticut’s 236-year road to disaster accelerated into the freeway fast
lane since 1991. Since that time, the state has evolved into a cesspool of
political nepotism, crime, serial incompetence, debt, and incoherent
socialistic gibberish. Connecticut's state government caters to the well-connected
and has little impetus to make life easier for those who are the indentured
servants, the Connecticut Taxpayers who must fund this economic debacle. Could
you run a company and earn a profit if the bulk of your business’s funds just
paid for salaries, benefits, pensions, and debt service benefiting the old
cronies on the top floor? But Connecticut's Democrat Party has no problem doing
this. Why? How does it benefit Connecticut Taxpayers? In what way? Can anyone
explain that to Connecticut Taxpayers?
Thus, Connecticut
slogs along with high state taxes, high property taxes, high state debt, high
homelessness, high crime, excessively high electric rates, high cost of living,
massive unfunded liabilities, massive illegal drug problems, massive
infrastructure problems and more. It is not what our founders envisioned
in 1788. Personal and economic freedoms should be flourishing in a state like
Connecticut. Instead look forward to two more dismal years economically and
socially in "The Constitution State" a state that its
political class feel is theirs and theirs only. Citizen once again, be damned.