[LMPA]

Opinion piece


https://www.wsj.com/articles/a-conne...5c_twqtwiukC_c

[kidyankee764]

Originally Posted by LMPA

Opinion piece


https://www.wsj.com/articles/a-conne...5c_twqtwiukC_c

A lot of these links posted here are articles we have to subscribe to. If people can copy and paste the article, it would make for better discussion.

[cttransplant85]

What is it going to take for CT democrats to finally admit the truth about CT’s competitiveness? We are getting our asses kicked. We are no longer competitive at anything. Places like Florida and North Carolina have even caught up to us in education and wages; while still destroying us everywhere else. We’re so non business competitive we don’t even attempt to compete with Baker or Scott/DeSantis for private enterprise anymore. We used to eat New York City and Boston’s lunch, we had the most Fortune 500 companies, the largest middle class. Now we are a laughing stock, Rick Scott openly mocks the people we elect. Wake up people!

[kidyankee764]

First, IL is taking jabs at CT. Now, RI:

https://www.courant.com/politics/cap...tDbOYrewptvMgo

Once again, an editorial in The Providence Journal took a jab at neighboring Connecticut, opining that despite its many advantages the state is “a sea of dysfunction.”

“Connecticut has been badly mismanaged for decades,” The Journal editorial board wrote. “The central mistake was making wild promises to its public workforce. The result? Even before a cent is laid out for roads, bridges, schools, or health care for the poor, some 27 percent of Connecticut’s budget is gobbled up by employee pensions and debt service costs. Transportation, by contrast, draws only 10 percent of the state’s budget. Taxes are high in Connecticut, but the state’s residents are not getting a good value.”

Rhode Island has its own problems with underfunded pensions, but The Journal noted that the state passed pension reform earlier this decade when Gov. Gina Raimondo was state treasurer.
“Connecticut presents a cautionary tale of what happens when a state overspends and then desperately tries to overtax to get out of the jam,” the Journal wrote.

The Ocean State’s largest newspaper criticizing Connecticut is nothing new. Last year, on Jan. 24, 2018, The Journal penned an editorial “Lessons from a struggling neighbor”that called on Raimondo to try to attract jobs from Connecticut to Rhode Island, calling it “certainly less risky” than Connecticut.

The Courant responded days later with an editorial “Why, Rhode Island, why?” The editorial noted Rhode Island’s own pension problems and said the state “enjoys a legacy of corruption that not even Connecticut can match.” It ended with a call for the two states to join forces.

“If Rhode Island and Connecticut want to find a way out of the muck, far better for them to work together,” the editorial read.

[kidyankee764]

Originally Posted by cttransplant85

We are getting our asses kicked. We are no longer competitive at anything. Places like Florida and North Carolina have even caught up to us in education and wages!

This is true. Since FL started investing in education two years ago, their rankings went way up. Among the top in higher education and went from poor to average in public education. That’s a huge jump in just a few years.

[BobNJ1960]

Originally Posted by cttransplant85

What is it going to take for CT democrats to finally admit the truth about CT’s competitiveness? We are getting our asses kicked. We are no longer competitive at anything. Places like Florida and North Carolina have even caught up to us in education and wages; while still destroying us everywhere else. We’re so non business competitive we don’t even attempt to compete with Baker or Scott/DeSantis for private enterprise anymore. We used to eat New York City and Boston’s lunch, we had the most Fortune 500 companies, the largest middle class. Now we are a laughing stock, Rick Scott openly mocks the people we elect. Wake up people!

Very true post.

[beerbeer]

Originally Posted by JayCT

You are conveniently forgetting this interview where UTC CEO Greg Hayes retracted his 2010 comment. He has retracted it multiple times since in interviews. Jay

https://www.courant.com/business/hc-...225-story.html

Jay, you are conveniently forgetting....

He retracted the statement and then moved his 60 billion dollar company's HQ out of Connecticut. And followed that by investing 45 million on jobs in Florida.

What matters more, what he retracts or what he does?

[LMPA]

https://www.conning.com/-/media/mark...9Vhx8B_w2KnyuA

State of the States

[JayCT]

Originally Posted by kidyankee764

First, IL is taking jabs at CT. Now, RI:

https://www.courant.com/politics/cap...tDbOYrewptvMgo

Once again, an editorial in The Providence Journal took a jab at neighboring Connecticut, opining that despite its many advantages the state is “a sea of dysfunction.”

“Connecticut has been badly mismanaged for decades,” The Journal editorial board wrote. “The central mistake was making wild promises to its public workforce. The result? Even before a cent is laid out for roads, bridges, schools, or health care for the poor, some 27 percent of Connecticut’s budget is gobbled up by employee pensions and debt service costs. Transportation, by contrast, draws only 10 percent of the state’s budget. Taxes are high in Connecticut, but the state’s residents are not getting a good value.”

Rhode Island has its own problems with underfunded pensions, but The Journal noted that the state passed pension reform earlier this decade when Gov. Gina Raimondo was state treasurer.
“Connecticut presents a cautionary tale of what happens when a state overspends and then desperately tries to overtax to get out of the jam,” the Journal wrote.

The Ocean State’s largest newspaper criticizing Connecticut is nothing new. Last year, on Jan. 24, 2018, The Journal penned an editorial “Lessons from a struggling neighbor”that called on Raimondo to try to attract jobs from Connecticut to Rhode Island, calling it “certainly less risky” than Connecticut.

The Courant responded days later with an editorial “Why, Rhode Island, why?” The editorial noted Rhode Island’s own pension problems and said the state “enjoys a legacy of corruption that not even Connecticut can match.” It ended with a call for the two states to join forces.

“If Rhode Island and Connecticut want to find a way out of the muck, far better for them to work together,” the editorial read.

Pot meet kettle. Jay

[JayCT]

Originally Posted by beerbeer

Jay, you are conveniently forgetting....

He retracted the statement and then moved his 60 billion dollar company's HQ out of Connecticut. And followed that by investing 45 million on jobs in Florida.

What matters more, what he retracts or what he does?

He said that after his company committed to spending $500 million and hire thousands here as well. In addition he has recently committed to hiring 1,000 more here and to keeping Otis here. The HQ move is 100 jobs. Not great but hardly the end of the world. Jay