I am fascinated by the concept of shared sacrifice for the working class of Connecticutax. It is an amazing concept to read about and listen to our elected officials talk about. It is amazing to hear the Connecticutax Democratic Super Majority in Hartford explain to those people who work in our state what shared sacrifice is. To me it is a simplistic economic concept, it means to continue to increase taxes for those who work and do business in our state and then redistribute it to those who are state elected officials and workers in the form of above average wage, benefits and pensions.
Shared sacrifice is not part of our elected officials or workers vocabulary. It means instead to continue the economic status quo of excessive spending and taxation coupled with excessive state employee benefits especially for those in power. It means that those who continue to work in our state will support to an even larger degree the economic insolvency that the Connecticutax Democratic Super Majority in Hartford has helped to nurture, develop and refine over the past 25 years.
I am truly fascinated by this concept and how this elite ruling class has exempted themselves from it-sort of like getting more money in your pension through mileage reimbursements. And I forgot our auditors overlooked that! Thats ok, what's another $10,000 wasted of taxpayer's monies?
Wednesday, March 30, 2011
Monday, March 28, 2011
Look At The Shared Sacrifice Of The Ruling Elite In Hartford
We must overlook the missed shared sacrifice of Mr. Malloy and the $8.5 million dollars of taxpayer's monies he took in matching funds for his campaign.
And we must also overlook the shared sacrifice of the states recently retired top two auditors.
Equal to blame from both parties as quoted from 3/27/11 Kevin Rennie-Hartford Courant Now You Know Column The two auditors who held the job for nearly 20 years, Republican Robert Jaekle and Democrat Kevin Johnston, retired late last year. According to the Office of the State Comptroller, based on their "three high year earnings," Jaekle receives "an estimated retirement benefit" (translation: pension) of $137,640 a year. Johnston receives a pension estimated at $160,800 a year.
Please keep in mind that the auditors are the crack troops of fiscal prudence. A portion of those generous pensions includes mileage. Again from the comptroller, "The average of Mr. Johnston's three high year earnings included $10,450.92 attributable to reportable mileage. The average of Mr. Jaekle's three high year earnings included $11,427.82 attributable to reportable mileage."
Now that is real shared sacrifice upon two individuals who were guarding the states finances. Let us see how much we can rip taxpayers off now. How from an accounting auditing perspective can mileage be counted towards a pension? How from an audited accounting perspective can this be allowed? And what is the concept of shared sacrifice? What a bunch of shared lies coming out of Hartford.
And we must also overlook the shared sacrifice of the states recently retired top two auditors.
Equal to blame from both parties as quoted from 3/27/11 Kevin Rennie-Hartford Courant Now You Know Column The two auditors who held the job for nearly 20 years, Republican Robert Jaekle and Democrat Kevin Johnston, retired late last year. According to the Office of the State Comptroller, based on their "three high year earnings," Jaekle receives "an estimated retirement benefit" (translation: pension) of $137,640 a year. Johnston receives a pension estimated at $160,800 a year.
Please keep in mind that the auditors are the crack troops of fiscal prudence. A portion of those generous pensions includes mileage. Again from the comptroller, "The average of Mr. Johnston's three high year earnings included $10,450.92 attributable to reportable mileage. The average of Mr. Jaekle's three high year earnings included $11,427.82 attributable to reportable mileage."
Now that is real shared sacrifice upon two individuals who were guarding the states finances. Let us see how much we can rip taxpayers off now. How from an accounting auditing perspective can mileage be counted towards a pension? How from an audited accounting perspective can this be allowed? And what is the concept of shared sacrifice? What a bunch of shared lies coming out of Hartford.
Sunday, March 27, 2011
Yes Higher Taxes Solve Everything
Stupid me. I did not realize that higher taxes solve every problem on a state level. Just when I thought I knew a great deal about economics by studying and teaching it for the past 37 years, I never realized that politicians are right when they state that higher taxes solve everything. It is kind of like when Lowell Weicker stated that the new founded State Income Tax would solve all of Connecticut's fiscal problems. So twenty years later we have a budget deficit of $3.6 billion dollars and state spending has doubled over that same twenty years period. Just as a side, the state population continues to fall. Thus twenty years later the state now spends 100% more on less citizens and still is in the hole by $3.6 billion dollars. And here is another fact that the Connecticut Democratic Super Majority does not want you to know: 49.3% of all state revenue is made up by the state income tax (only ranked #2 in the country) and 40% of all income tax receipts are paid for by the top 1% of the income earners (those making $500,001 and more). And I see that the Connecticut Democratic Super Majority wants to increase that figure even more to solve all of their fiscal worries and continue to spend wastefully and foolishly as they have done for the past twenty years.
What economic illiteracy. Continue to tax the supposed rich even more so that more will move out of state and the burden will fall on the remaining overtaxed citizens of the state. Rather than cutting spending once and for all and lowering taxes, the Connecticut Democratic Super Majority wants that Number 1 ranking in taxes in the country.
Taxpayers can shout with glee, "We're #1, we're #1". And will not be for basketball any more-get use to those empty basketball game seats, taxpayers can no longer afford the games, only higher taxes as the Connecticut Democratic Super Majority wants us to have. How ignorant of me, higher taxes solve everything in Connecticut. But one day coming quickly taxpayers will say no to this economic madness.
What economic illiteracy. Continue to tax the supposed rich even more so that more will move out of state and the burden will fall on the remaining overtaxed citizens of the state. Rather than cutting spending once and for all and lowering taxes, the Connecticut Democratic Super Majority wants that Number 1 ranking in taxes in the country.
Taxpayers can shout with glee, "We're #1, we're #1". And will not be for basketball any more-get use to those empty basketball game seats, taxpayers can no longer afford the games, only higher taxes as the Connecticut Democratic Super Majority wants us to have. How ignorant of me, higher taxes solve everything in Connecticut. But one day coming quickly taxpayers will say no to this economic madness.
Wednesday, March 23, 2011
Why Don't You Just Cut Spending In Hartford?
I do not know, has this concept been tried in Hartford? Has Mr. Malloy and his fellow Super Democratic Majority considered cutting spending rather than raising the following taxes:
Income tax: Increases income taxes on individuals making more than $50,000 a year and couples making more than $100,000 a year; increases the highest income tax rate from 6.5 to 6.7 percent; eliminates the 3% bracket on an individual’s first $10,000 in earnings and a couple’s first $20,000 for those making more than $56,500 and $100,500, respectively; expands the number of brackets from 3 to 8.
Sales tax increase: Increases the state sales tax from 6 percent to 6.25 percent and to 6.35 percent at retail locations.
Sales tax expansion: Applies the sales tax to now-exempt items such as hair cuts, car washes, and clothing and footwear that costs less than $50.
Eliminates Sales Tax Free Week
Property tax credit elimination: Eliminates the existing $500 property tax credit for the middle class.
Cigarette tax: Raises taxes on cigarettes by 40 cents a pack, from $3.00 to $3.40; increase tax on snuff from 40 cents to $1 per ounce; increases tax on other tobacco products from 20% to 50% of wholesale price
Alcohol tax: Raises taxes on alcohol by 20 percent (tax on distilled spirits goes from $4.50 a gallon to $5.40; tax on beer goes from 20 cents a gallon to 24 cents; tax on wine goes from 60 cents a gallon to 72 cents)
Gas tax: Increases the state gas tax from 25 cents a gallon to 28 cents a gallon; and diesel fuel from 26 to 28 cents a gallon.
Earned Income Tax Credit: Increases state spending by more than $100 million though a new, negative income tax of up to $1,700 for low income households that earn less than about $21,500 a year from their jobs.
Death Tax: Lowers the estate tax exemption from $3.5 million to $2 million, making more of an estate subject to the estate tax, which starts at 7.2% and rises to 12%, over and above the federal death tax.
Hotel tax: Increases the sales tax on hotel stays from 12 percent to 15 percent.
Corporate tax: Extends a 10 percent corporate profits tax surcharge on large businesses for two more years; establishes “throw back” rule expanding their income subject to state taxation.
Luxury sales tax: Applies an additional luxury sales tax of 3 percent on clothing over $1,000, jewelry over $5,000, vehicles over $50,000, and boats over $100,000.
Driver’s license: Increases the driver’s license tax from $66 to $72, good for 6 years ($1 a year increase).
Car registration tax: Rises from $75 to $80 biennially.
Care rental tax: Rises from 8 percent to 9 percent.
Insurance premiums tax: Increases the insurance premium tax from 1.75% to 1.95%.
Health facilities: Raises taxes on hospitals, nursing homes, and intermediate care facilities for the mentally retarded, in an effort designed to trigger federal reimbursements.
Energy tax: Establishes a new tax of 2/10ths of a cent per kilowatt on electricity generated in Connecticut , with a special interest exemption for favored “green” energy producers.
Real estate conveyance tax: Makes permanent a .25% real estate tax and expands an optional conveyance tax.
Cabaret tax: Creates a new cabaret tax of 3%.
Admissions & Dues Tax: Eliminates exemptions from the 10% tax on admissions to certain places of “amusement, entertainment, or recreation” (eg, New Britain Rock Cats home games, events at the Hartford Civic Center ).
Boat tax: Taxes boats at a statewide rate of 20 mills.
Airplane tax: Taxes airplanes at a statewide rate of 20 mills.
Film Tax Credit: Decreases tax credit transferability to 50%, then 25%, against the corporate tax.
Sales Tax Exemptions Eliminated
Pet grooming services
Automotive storage
Boat services (docking, storage, cleaning, repair, tow)
Packing & crating
Car washes
Automobile road and towing services
Limousine services (with driver)
Labor charges -repair of small aircraft
Clothing and footwear under $50
Non-prescription drugs
Manicure and pedicure services
Eliminate trade-ins exemption for auto vehicles
Eliminate exemption for coupons, discounts, trade-ins
Airport valet parking services
Cosmetic surgery
Haircuts
Yoga Studios
Cloth and fabric purchase for non-commercial sewing
Hazardous waste removal
Eliminate exemption for solid waste to energy facilities
(Cited From The Federation of Connecticut
Taxpayer Organizations, Inc. Susan Kniep, President
Website: http://ctact.org/)
I do not know I guess it much more fun just to raise taxes in Hartford rather than face the economic reality that higher taxes would further inhibit economic growth and job creation in the state. It will continue to worsen the business climate in the state. It will continue to accelerate the young people leaving our state for better economic opportunities elsewhere. It will continue the politics as usual which the Super Democratic Majority embraces. I do not know how higher taxes solve anything at all. Just more of the lies of Hartford.
Income tax: Increases income taxes on individuals making more than $50,000 a year and couples making more than $100,000 a year; increases the highest income tax rate from 6.5 to 6.7 percent; eliminates the 3% bracket on an individual’s first $10,000 in earnings and a couple’s first $20,000 for those making more than $56,500 and $100,500, respectively; expands the number of brackets from 3 to 8.
Sales tax increase: Increases the state sales tax from 6 percent to 6.25 percent and to 6.35 percent at retail locations.
Sales tax expansion: Applies the sales tax to now-exempt items such as hair cuts, car washes, and clothing and footwear that costs less than $50.
Eliminates Sales Tax Free Week
Property tax credit elimination: Eliminates the existing $500 property tax credit for the middle class.
Cigarette tax: Raises taxes on cigarettes by 40 cents a pack, from $3.00 to $3.40; increase tax on snuff from 40 cents to $1 per ounce; increases tax on other tobacco products from 20% to 50% of wholesale price
Alcohol tax: Raises taxes on alcohol by 20 percent (tax on distilled spirits goes from $4.50 a gallon to $5.40; tax on beer goes from 20 cents a gallon to 24 cents; tax on wine goes from 60 cents a gallon to 72 cents)
Gas tax: Increases the state gas tax from 25 cents a gallon to 28 cents a gallon; and diesel fuel from 26 to 28 cents a gallon.
Earned Income Tax Credit: Increases state spending by more than $100 million though a new, negative income tax of up to $1,700 for low income households that earn less than about $21,500 a year from their jobs.
Death Tax: Lowers the estate tax exemption from $3.5 million to $2 million, making more of an estate subject to the estate tax, which starts at 7.2% and rises to 12%, over and above the federal death tax.
Hotel tax: Increases the sales tax on hotel stays from 12 percent to 15 percent.
Corporate tax: Extends a 10 percent corporate profits tax surcharge on large businesses for two more years; establishes “throw back” rule expanding their income subject to state taxation.
Luxury sales tax: Applies an additional luxury sales tax of 3 percent on clothing over $1,000, jewelry over $5,000, vehicles over $50,000, and boats over $100,000.
Driver’s license: Increases the driver’s license tax from $66 to $72, good for 6 years ($1 a year increase).
Car registration tax: Rises from $75 to $80 biennially.
Care rental tax: Rises from 8 percent to 9 percent.
Insurance premiums tax: Increases the insurance premium tax from 1.75% to 1.95%.
Health facilities: Raises taxes on hospitals, nursing homes, and intermediate care facilities for the mentally retarded, in an effort designed to trigger federal reimbursements.
Energy tax: Establishes a new tax of 2/10ths of a cent per kilowatt on electricity generated in Connecticut , with a special interest exemption for favored “green” energy producers.
Real estate conveyance tax: Makes permanent a .25% real estate tax and expands an optional conveyance tax.
Cabaret tax: Creates a new cabaret tax of 3%.
Admissions & Dues Tax: Eliminates exemptions from the 10% tax on admissions to certain places of “amusement, entertainment, or recreation” (eg, New Britain Rock Cats home games, events at the Hartford Civic Center ).
Boat tax: Taxes boats at a statewide rate of 20 mills.
Airplane tax: Taxes airplanes at a statewide rate of 20 mills.
Film Tax Credit: Decreases tax credit transferability to 50%, then 25%, against the corporate tax.
Sales Tax Exemptions Eliminated
Pet grooming services
Automotive storage
Boat services (docking, storage, cleaning, repair, tow)
Packing & crating
Car washes
Automobile road and towing services
Limousine services (with driver)
Labor charges -repair of small aircraft
Clothing and footwear under $50
Non-prescription drugs
Manicure and pedicure services
Eliminate trade-ins exemption for auto vehicles
Eliminate exemption for coupons, discounts, trade-ins
Airport valet parking services
Cosmetic surgery
Haircuts
Yoga Studios
Cloth and fabric purchase for non-commercial sewing
Hazardous waste removal
Eliminate exemption for solid waste to energy facilities
(Cited From The Federation of Connecticut
Taxpayer Organizations, Inc. Susan Kniep, President
Website: http://ctact.org/)
I do not know I guess it much more fun just to raise taxes in Hartford rather than face the economic reality that higher taxes would further inhibit economic growth and job creation in the state. It will continue to worsen the business climate in the state. It will continue to accelerate the young people leaving our state for better economic opportunities elsewhere. It will continue the politics as usual which the Super Democratic Majority embraces. I do not know how higher taxes solve anything at all. Just more of the lies of Hartford.
Sunday, March 20, 2011
Where Is The Presidential Leadership?
Or how many more crisis will Mr.Obama avoid? And why does he have to travel so much at taxpayers expense knowing we have a $14 trillion dollar national debt? Does he receive that many votes from foreigners voting in our upcoming Presidential election in 2012? By not saying anything about the Middle East, excessive inflation, the national debt, his irrational national health care plan or the new energy crisis does he really think he will receive more votes that way? Will he really raise that much more money by avoiding all situations where he must make a decision? Can he make a decision? Is the mood of hope and change long gone? Was it made up by a loving media? Was there any leadership at all with massive spending programs being rammed down taxpayers pocketbooks with no dialogue or discussion? Are we really better off in 2011 or have we set back our economy years with misguided, economically illogical spending programs?
Will we be able to recover as an economy in 2013 with a new President and Congress who actually lead and make coherent economic decisions? I trust that we will be better off with a massive change in Washington, but for now the silence is deafening. And America needs to be a leader again in world and economic affairs once again. Those who are willing to give their lives for freedom can't wait any longer.
Will we be able to recover as an economy in 2013 with a new President and Congress who actually lead and make coherent economic decisions? I trust that we will be better off with a massive change in Washington, but for now the silence is deafening. And America needs to be a leader again in world and economic affairs once again. Those who are willing to give their lives for freedom can't wait any longer.
Tuesday, March 15, 2011
Where Are Connecticut's Jobs?
I do not know I can't find them. Where are Connecticut's Jobs? I have looked everywhere. I have looked for them from all of the business and industries that have moved out of state. I have looked for them in the State Attorney General/New US Senator offices. I have looked for them through the massive amount of paid lobbyists in Hartford. I have looked for them in the Democratic Super Majority offices. I have looked for them in all of the tax laws that we have here. I have looked for them in the new state budget which increases spending another 2.4%. I have looked for them in all of the unfunded liabilities that the state has to pay in the future. I have looked for them in the state university system. I have looked for them through new tolls and taxes that are coming to our state. I have looked for them following all of the young people who are and have moved out of state. I keep looking for them and I can't find them. I guess I am looking for them in all of the wrong places. I guess I am looking for jobs from the economically illiterate sector of our economy, Hartford. I can't find them, I can not find those jobs. But I can find high taxes, oppressive business regulations, losses of our best and brightest moving out of state,coming instate tuition for illegal immigrants, coming repeal of the death penalty, losses of business and industries due to high taxes, high transportation costs, high workers compensation costs and future massive unfunded liabilities. Where Are Connecticut's Jobs? Lost and gone forever?
Sunday, March 13, 2011
What Leadership?
I look at Wisconsin and their government in amazement. Limits in public sector union power, lower state spending, lower taxes in some cases, local governments being given more rights and less mandates and a Democratic party which shows absolutely no values, leadership, or abilities to govern. I see a powerful Governor who is willing to make decisions which will move his state forward with a stronger economy and economic growth for the future. A state which leads by example.
Do you see any of this in Connecticut? Public sector unions whose power should be questioned, higher state spending, much higher taxes, more local unfunded mandates and also a Democratic party which shows absolutely no values, leadership, or abilities to govern. I do not see a powerful Governor who is willing to make decisions which will move his state forward with a stronger economy and economic growth for the future. A state which leads by economic illiteracy is what we have instead.
What leadership? I see none in Connecticut.
Do you see any of this in Connecticut? Public sector unions whose power should be questioned, higher state spending, much higher taxes, more local unfunded mandates and also a Democratic party which shows absolutely no values, leadership, or abilities to govern. I do not see a powerful Governor who is willing to make decisions which will move his state forward with a stronger economy and economic growth for the future. A state which leads by economic illiteracy is what we have instead.
What leadership? I see none in Connecticut.
Wednesday, March 09, 2011
More Of The Same
Hartford is just more of the same. Where is the new economic thought? Where are the economic dynamics to transform Connecticut's economy into a robust and vibrant entity? Where are the cuts to state spending? Where are the lessening of state regulations and laws which negate economic growth and prosperity in our economy? Where is the leadership economically?
In my economic opinion all I can see is more of the same, excessively high spending with now even higher taxes on everything purchased plus some new tolls thrown in. Why? What does the Malloy plan create and prove? More of the same. More of our best and brightest moving out. More of our business and industry moving out. More special interest lobbying groups dictating to taxpayers what they can and can not have. More social welfare spending which does nothing to empower those in our economy. More stale rhetoric by misguided economically illiterate paid professional politicians in Hartford.
In my economic opinion all I can see is more of the same, excessively high spending with now even higher taxes on everything purchased plus some new tolls thrown in. Why? What does the Malloy plan create and prove? More of the same. More of our best and brightest moving out. More of our business and industry moving out. More special interest lobbying groups dictating to taxpayers what they can and can not have. More social welfare spending which does nothing to empower those in our economy. More stale rhetoric by misguided economically illiterate paid professional politicians in Hartford.
Saturday, March 05, 2011
The Confusion Of Higher Taxes In Connecticut
Politicians seemed to be confused by higher taxes. As being non productive members of our economy and society, politicians especially here in Connecticut, believe that higher taxes solve all problems. Their confusion stems from the fact that they are part of the larger problem in our state economy, they produce and contribute virtually nothing to our well being and economic growth to our economy. They instead entrap and trick our productive members of our economy to be enslaved in a quasi sociological-political-economic-legal system which does little to empower those who have less and takes away from those who are productive. Those who are productive work hard for a living, developing productivity to make the economy run and pay an excessive amount of taxes to support an out-of-balance state government which elevates those who work for it with massive salaries and benefits. These same salaries and benefits are earned by a minority of the population of our state. Approximately 100,000 full and part time workers in a state of 3,500,00 people. You can do the math, .028% of the population. Thus .028% are allowed to dictate what the other 97.2% can and can not have. Is there excess and waste in this area? Those who have less or are poor in political terms enjoy many free things granted by these same ruling politicians and are paid for by those who are productive in our state economy. They have little if any incentive to end these freebies granted to them by our non productive politicians because votes can be bought in this manner legally.
Thus we have a continuing dilemma, how to keep this small ruling political and union elite in power in Hartford and paid for by those who are productive. How we can tax them even more to keep unions comfortable and the Super Democratic Majority unaccountable for their poor and disgusting actions. It is almost the same scenario that we had when we broke away from England in 1776, taxation without representation. In my economic opinion there is a great deal of confusion to higher taxes in Connecticut.
Thus we have a continuing dilemma, how to keep this small ruling political and union elite in power in Hartford and paid for by those who are productive. How we can tax them even more to keep unions comfortable and the Super Democratic Majority unaccountable for their poor and disgusting actions. It is almost the same scenario that we had when we broke away from England in 1776, taxation without representation. In my economic opinion there is a great deal of confusion to higher taxes in Connecticut.
Monday, February 28, 2011
So What Else Can We Tax?
I am curious as to what else we can tax in Connecticut? Our economy apparently will be stimulated by increasing state spending by 2.4% and by increasing taxes by $1.5 billion dollars. And our Governor feels we are going to be more competitive with these increased taxes than New Jersey which is actually attempting to reign in spending, taxes and public sector unions. Thus the Democratic Super Majority in Hartford wants us to believe that both higher taxes and higher spending will cure Connecticut's economic ills (not that it has for the past 20 years). It is this disconnect of economic reality which continues to be endorsed by the Democratic Super Majority and by the state media.
Let me be blunt, this tax and spend program by our new Governor fails any economic test and fails to do anything for our economy other than worsen it. It is a typical liberal misguided and ill conceived tax program which will further erode our state economy and continue to create more economic discontent. All for the sake of a continuing failed liberal social program that does nothing for our state.
So Mr. Malloy keep taxing and spending, the end result will be yet another economic debacle solely of your making and of your blame.
Let me be blunt, this tax and spend program by our new Governor fails any economic test and fails to do anything for our economy other than worsen it. It is a typical liberal misguided and ill conceived tax program which will further erode our state economy and continue to create more economic discontent. All for the sake of a continuing failed liberal social program that does nothing for our state.
So Mr. Malloy keep taxing and spending, the end result will be yet another economic debacle solely of your making and of your blame.
Friday, February 25, 2011
Can We Have Leadership? Can We Have...?
Can we have leadership? Can we have a Christie type in Hartford that can actually govern this state out of its fiscal debacle? Can we have compromise? Can we have lower taxes? Can we have private sector job growth and creation? Can we have realistic cuts in state spending? Can we have elimination of agencies which do nothing for the betterment of the state? Can we no longer have corruption and nepotism in state government? Can we see some signs of a stronger, actual two party system exist when election time nears? Can we have a balance of ideas in the state legislature? Can we have a full audit of productivity of all state governmental programs? Can we have a full accounting audit of all state governmental programs? Can we eliminate in state tuition for illegal immigrants? Can we ever have a functional government not run by special interest groups or lobbyists in Hartford?
Why are we not ashamed of what exists as so called government in Hartford? It truly disgusts me especially with the Malloy budget proposal. And when will the economic debacle end?
Why are we not ashamed of what exists as so called government in Hartford? It truly disgusts me especially with the Malloy budget proposal. And when will the economic debacle end?
Tuesday, February 22, 2011
Vote Today For Len Suzio For State Senator
Today please vote for Len Suzio in the 13th State Senatorial District. He is a hard working individual who is ethical and he is what is needed to represent this district.
He believes in cutting spending and not raising taxes, a philosophy lost by the Democratic Super Majority in Hartford. His talents in Hartford are essential if we are going to get Connecticut working again and make our state once again vibrant economically.
Poor government has gone on for too long in Connecticut. The current budget debacle is proof once again of the lack of economic reality that exists there.
Vote today to elect Len Suzio for the 13th State Senatorial District. Vote for Mr.Suzio. He will not disgrace taxpayers like Mr. Gaffey did.
He believes in cutting spending and not raising taxes, a philosophy lost by the Democratic Super Majority in Hartford. His talents in Hartford are essential if we are going to get Connecticut working again and make our state once again vibrant economically.
Poor government has gone on for too long in Connecticut. The current budget debacle is proof once again of the lack of economic reality that exists there.
Vote today to elect Len Suzio for the 13th State Senatorial District. Vote for Mr.Suzio. He will not disgrace taxpayers like Mr. Gaffey did.
Saturday, February 19, 2011
Mr. Malloy's New Toys
Raise spending by 2.4% and raise taxes by $1.5 billion dollars and call it being more economically competitive? Overuse the term "shared sacrifice"-why what did middle income taxpayers do wrong? Pander to lobbyists, special interest groups and unions, then slam middle income taxpayers and businesses once again.
Mr. Malloy has new toys in Hartford. His toys include economic illiteracy, economic fantasies and an economic debacle in the making. How can he raise taxes by $1.5 billion dollars in the middle of a severe economic recession and state that this will help the economy? How can he raise spending by yet another 2.4% and state he is fiscally responsible?
Mr. Malloy and his Democratic Super Majority in Hartford haven proven once again their economic ignorance, their dislike for middle and higher income taxpayers and for businesses in Connecticut. There total disregard for our current economic situation is really sickening. Connecticut truly will be entering a new economic dark age with this administration and budget. It is a pathetic sight to bestow upon us. We are going to vote with our feet and flee this economic wasteland of a state.
Mr. Malloy has new toys in Hartford. His toys include economic illiteracy, economic fantasies and an economic debacle in the making. How can he raise taxes by $1.5 billion dollars in the middle of a severe economic recession and state that this will help the economy? How can he raise spending by yet another 2.4% and state he is fiscally responsible?
Mr. Malloy and his Democratic Super Majority in Hartford haven proven once again their economic ignorance, their dislike for middle and higher income taxpayers and for businesses in Connecticut. There total disregard for our current economic situation is really sickening. Connecticut truly will be entering a new economic dark age with this administration and budget. It is a pathetic sight to bestow upon us. We are going to vote with our feet and flee this economic wasteland of a state.
Tuesday, February 15, 2011
Spend-Let Us Spend Some More
On a Federal level, let us spend, let us spend some more. Mr. Obama's new budget amazes me. Let us bring up the national debt another $8 trillion dollars or so and call it fiscally responsible. This would bring up the national debt to 77% as a share of our economy from the current 62%. Entitlement program cuts are non existent. A wide array of mythical revenue increases pepper this budget. And what did we get from the new centrist Obama? More of the same, massive spending in governmental programs, continued high taxes and a crushing debt which will continue to wreak havoc with our long term economic growth and survival.
What about cutting spending is so difficult for the Democratic party to understand? Why must money continue to fund ineffective and corrupt entitlement programs? When will the national debt question be addressed and a program developed to eliminate it?
But alas, taxpayers realize the debacle called government. Their economic illiteracy is astounding. Cut spending now. It is our only chance for economic survival in 2011.
What about cutting spending is so difficult for the Democratic party to understand? Why must money continue to fund ineffective and corrupt entitlement programs? When will the national debt question be addressed and a program developed to eliminate it?
But alas, taxpayers realize the debacle called government. Their economic illiteracy is astounding. Cut spending now. It is our only chance for economic survival in 2011.
Friday, February 11, 2011
Another $18 Billion Wasted
Hey what is $18 billion dollars to the federal government? When you are already $14 trillion dollars in debt? No big deal. A recent article in USA Today discussed that there we are spending $18 billion dollars on over 47 separate job training agencies and for the most part no one knows where the money is going. And we have 9.5% unemployment with probably another 9.5% who are permanently unemployed also. So what is the big deal? How many government programs are actually reviewed and audited? 1% maybe at the most? And when you are buying votes to stay into power forever what is the difference?
Here is just another example of government waste of taxpayers monies. Government at all levels can ill afford to waste even $1 dollar never mind $18 billion dollars. And then see absolutely no results to help create jobs and or lower the rate of unemployment.
My question to Congress is when will the waste end? We have run out of time for action.
Here is the link to the article http://www.usatoday.com/news/washington/2011-02-09-1Ajobtraining09_ST_N.htm
Here is just another example of government waste of taxpayers monies. Government at all levels can ill afford to waste even $1 dollar never mind $18 billion dollars. And then see absolutely no results to help create jobs and or lower the rate of unemployment.
My question to Congress is when will the waste end? We have run out of time for action.
Here is the link to the article http://www.usatoday.com/news/washington/2011-02-09-1Ajobtraining09_ST_N.htm
Tuesday, February 08, 2011
Len Suzio For State Senator
Len Suzio deserves your vote if you live in the 13th State Senatorial District. A hard working man who has great scruples and ethics, he is what is needed to represent the 13th Senatorial District. He is a principled individual who has strong beliefs in bettering Hartford. He along with many in his district continue to be outraged by the poor government we have in Hartford. He believes in cutting spending and not raising taxes, a philosophy lost by the Democratic Super Majority in Hartford. His talents in Hartford are essential if we are going to get Connecticut working again and make our state once again vibrant economically.
The time has come to elect Len Suzio for the 13th State Senatorial District. Vote for Mr.Suzio in the upcoming special election. He will not disgrace taxpayers like Mr. Gaffey did.
The time has come to elect Len Suzio for the 13th State Senatorial District. Vote for Mr.Suzio in the upcoming special election. He will not disgrace taxpayers like Mr. Gaffey did.
Saturday, February 05, 2011
Does This Make Sense? We Still Need To Repeal
Does this letter make sense, in my economic opinion we still need to repeal Obamacare, our Representatives arguments really fall far short. Her same stale liberal arguments make no economic sense to me any more.
Dear Mr. Swick:
Thank you for taking the time to contact me. I appreciate hearing your views on this important issue.
As you know, Republicans in Congress recently brought to the House floor legislation that would repeal the Affordable Care Act, the landmark legislation that is strengthening our nation's health care system and is making great strides in ensuring that all Americans have access to quality, affordable health care. A repeal of this law would mean that once again children could be denied coverage for pre-existing conditions; people could be dropped from their insurance when they get sick; women could be charged more than men for the same coverage; young adults under 26 may not be able to stay on their parent's insurance; and small businesses and working families would no longer receive affordability credits to help them afford the cost of coverage.
Specifically if the Affordable Care Act was repealed, 1.2 million young adults would lose their insurance coverage through their parents' health plans. Over 165 million Americans with private insurance coverage would suddenly find themselves vulnerable again to having lifetime limits placed on how much insurance companies will spend on their health care, regardless of what treatments may be necessary and life saving. In addition, 44.1 million seniors, 547,000 in Connecticut alone, who have Medicare coverage would be forced to pay a co-pay to receive critical preventive services and more than 32,000 Connecticut seniors would have significantly higher prescription drug costs. Moreover, despite all of the Republican rhetoric about deficit reduction, the nonpartisan Congressional Budget Office estimates that the repeal of the new health care law would increase the deficit by $230 billion.
You should know that I voted against this legislation when it passed the House by a vote of 245 to 189. This bill is nothing but a political ploy at a time when we should be focused on creating jobs and strengthening our country's economy, middle class, and small businesses.
Again, thank you for contacting me. Please do not hesitate to contact me on this or any matter of concern to you in the future.
Sincerely,
Rosa L. DeLauro
Member of Congress
Dear Mr. Swick:
Thank you for taking the time to contact me. I appreciate hearing your views on this important issue.
As you know, Republicans in Congress recently brought to the House floor legislation that would repeal the Affordable Care Act, the landmark legislation that is strengthening our nation's health care system and is making great strides in ensuring that all Americans have access to quality, affordable health care. A repeal of this law would mean that once again children could be denied coverage for pre-existing conditions; people could be dropped from their insurance when they get sick; women could be charged more than men for the same coverage; young adults under 26 may not be able to stay on their parent's insurance; and small businesses and working families would no longer receive affordability credits to help them afford the cost of coverage.
Specifically if the Affordable Care Act was repealed, 1.2 million young adults would lose their insurance coverage through their parents' health plans. Over 165 million Americans with private insurance coverage would suddenly find themselves vulnerable again to having lifetime limits placed on how much insurance companies will spend on their health care, regardless of what treatments may be necessary and life saving. In addition, 44.1 million seniors, 547,000 in Connecticut alone, who have Medicare coverage would be forced to pay a co-pay to receive critical preventive services and more than 32,000 Connecticut seniors would have significantly higher prescription drug costs. Moreover, despite all of the Republican rhetoric about deficit reduction, the nonpartisan Congressional Budget Office estimates that the repeal of the new health care law would increase the deficit by $230 billion.
You should know that I voted against this legislation when it passed the House by a vote of 245 to 189. This bill is nothing but a political ploy at a time when we should be focused on creating jobs and strengthening our country's economy, middle class, and small businesses.
Again, thank you for contacting me. Please do not hesitate to contact me on this or any matter of concern to you in the future.
Sincerely,
Rosa L. DeLauro
Member of Congress
Friday, January 28, 2011
Economic Nonsense
Economic nonsense. Economic gibberish. Economic rhetoric. Economic debacles. All of the above.
I just can't help but notice the economic non reality of now the even newer Obama Administration strangely moving to yet an even new direction is desperation to save his Presidency and to get reelected. Why do we need yet another stimulus plan? Neither of the other worked, nor did they do anything other than add to the National Debt. How is this plan going to actually employ one out of every five construction workers? Are these workers going to working on never ending infrastructure projects ripe with cost overruns, nepotism and fraud? Where is the private sector in all of this? Hasn't the private sector been crucified enough in the first two years of his Administration? Now all of a sudden Obama is their friend?
This Administration continues to reside over an economic debacle with no rhyme or reason, policies change in the wind, and the same stale liberalism is present with this latest State of the Union speech.
Economic nonsense. Economic gibberish. Economic rhetoric. Economic debacles. It remains all of the above for this one term President.
I just can't help but notice the economic non reality of now the even newer Obama Administration strangely moving to yet an even new direction is desperation to save his Presidency and to get reelected. Why do we need yet another stimulus plan? Neither of the other worked, nor did they do anything other than add to the National Debt. How is this plan going to actually employ one out of every five construction workers? Are these workers going to working on never ending infrastructure projects ripe with cost overruns, nepotism and fraud? Where is the private sector in all of this? Hasn't the private sector been crucified enough in the first two years of his Administration? Now all of a sudden Obama is their friend?
This Administration continues to reside over an economic debacle with no rhyme or reason, policies change in the wind, and the same stale liberalism is present with this latest State of the Union speech.
Economic nonsense. Economic gibberish. Economic rhetoric. Economic debacles. It remains all of the above for this one term President.
Sunday, January 23, 2011
Sunday's Economics-Government Must Spend Less
It is a simple concept, government at all levels must contract and spend less money. A great deal less money. Our Federal government must develop a plan to pay off the National Debt, the debt continues to drain our credit markets and rips economic growth from our economy. I am glad to see a mounting movement towards the debate on the national debt. I personally have been lecturing about it in my classes since the first semester that I taught in 1982. The National Debt needs to be paid off. If it was then paid off, we would see incredible economic growth in our economy rather than the looming bankruptcy with a $14 trillion dollar debt.
Connecticut economically is a mess. We hear and see the economic behaviors take place of higher taxes, overpaid non productive political appointments and increased spending. The blame for this economic debacle falls squarely on the Democratic Super Majority. For Connecticut to survive we need to cut taxes to attract new business and industry, a massive cut in state spending and agencies, and a cut in state employee pensions and benefits. It needs to be addressed or we will really go bankrupt.
I reiterate, it is a simple concept, government at all levels must contract and spend less money. A great deal less money. Economic self sufficiency should be a required tool of secondary education. Then we can get back on the right track and see the United States of America and its fifty states, once again a dynamic, economic leader of the world economy. God Bless America.
Connecticut economically is a mess. We hear and see the economic behaviors take place of higher taxes, overpaid non productive political appointments and increased spending. The blame for this economic debacle falls squarely on the Democratic Super Majority. For Connecticut to survive we need to cut taxes to attract new business and industry, a massive cut in state spending and agencies, and a cut in state employee pensions and benefits. It needs to be addressed or we will really go bankrupt.
I reiterate, it is a simple concept, government at all levels must contract and spend less money. A great deal less money. Economic self sufficiency should be a required tool of secondary education. Then we can get back on the right track and see the United States of America and its fifty states, once again a dynamic, economic leader of the world economy. God Bless America.
Saturday, January 22, 2011
Saturday's Economics
Will Connecticut actually cut spending? At first look, the Malloy Administration has taken care of some of the Super Democratic Majority cronies in plush Administrative positions. For example, Rep. Mike Lawlor, one of the most liberal tax and spend Representative the state had ever seen, will now earn $135,000 as Office of Policy and Management undersecretary of criminal justice policy and planning. Taxpayers should ask why? Why does he deserve that job and what is actual criminal justice policy and planning? Mr. Lawlor is vehemently against the death penalty, thus criminals should be able to be free to do what they want for the next four years here in Connecticut, until justice actually is served. What does the $135,000 actually give to taxpayers? How few employees will he actually manage? And the list of questions is economically endless.
For those who thought things would be economically different as far as political patronage jobs in this Administration you were wrong. Elite political types in these offices have help to create and continue the economic wasteland called Connecticut. We will now accelerate that economic decline more quickly through the now stale Malloy Administration, who actually could have broken this cycle with reforms.
On Sunday a wrap up...
For those who thought things would be economically different as far as political patronage jobs in this Administration you were wrong. Elite political types in these offices have help to create and continue the economic wasteland called Connecticut. We will now accelerate that economic decline more quickly through the now stale Malloy Administration, who actually could have broken this cycle with reforms.
On Sunday a wrap up...
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