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Not sure Michael had an heir apparent. He's done well positioning his stations for a buyout. The layoff is done for legal reasons. The 112 will keep their jobs.
You keep citing outdated information and ignore the MANY posts people have given correcting you. Are you even reading the thread because it certainly seems you are not.
Connecticut’s pension debts have been addressed to the satisfaction of credit rating agencies. The $92 billion number you keep touting is not current debt but is spread over the next couple decades. It’s not a debt that is immediately owed.
Our state has more debt than other states because we do not have county levels of government. Unlike other states that carry county debt, Connecticut does not have that. If you add county debt to the state debt in other states, you will see our total indebtedness is not out of line with other states.
You also have posted opinion pieces as fact. The two billionaires you had noted leaving our state never said taxes were the reason they left. It is Dan Haar’s opinion that they might have left because of taxes. That does not make it fact.
Nor do you have any proof that the wealthy are leaving and being replaced by the poor. If this were the case our state would not still be No. 1 in personal income.
As for your claims about population changes, please post your source of this information. Jay
In most of my posts on this forum, I have linked to many articles discussing CT's population trends. A few of them relate to the United Van Lines data, & those are key to CT's economic climate because those are very affluent people moving. It would be too time-consuming for me to go back through all my posts to copy all the links, and re-post them all again here, & it would be redundant.
Here's a new data source that shows the population decline, mentions why people are leaving (high taxes are always mentioned as a reason), & how many immigrants (many illegal) are now in CTdue to the sanctuary state designation. It also shows how uneducated, & poor many of the Latino immigrants are.
These stats can be used to extrapolate the idea that many CT residents are leaving, & they are being replaced with poor & uneducate immigrants....many from the southern border. It's my opinion that these demographic trends are a drain on CT's public resources, which can have adverse implications for CT's economic climate.
For instance, money is going towards supporting recent immigrants, is not going towards improving higher learning (I've already provided a link showing how poorly CT is rated in higher learning), or to reduce youth crime, which you have posted about.
Looks like all the condos in FL going through all the recertification's could be a boon for CT/Hartford.
"Another concern is that insurance premiums may suddenly spike, Clarkson said. He recalled that after Hurricane Andrew in 1992, many major insurers left Florida because of the amount of claims and because “premiums were going up 400 percent, 500 percent overnight” due to the lack of competition.........."It becomes a feast,” he said. “And that's what's going to happen again or they're going to issue policies with so many exclusions on it that it’s almost not worth having.” https://www.yahoo.com/news/condo-col...083017733.html
And for all those that say Hartford isn't huge in insurance anymore this article looks current as I see June 2021 on the page.
"Hartford, Connecticut is known for the plentitude of insurance companies that are either headquartered or have major campuses in the region. Today the Hartford region has almost nine times the percentage of workers in the insurance industry compared to the average location in the United States."
"Connecticut is still home to more than 100 insurance companies. ......... Other cities have very strong presences of insurance companies, both in the United States and abroad, threatening the title. However, the optics of being located in Hartford still hold true, giving the impression of being part of an elite group of very highly regarded companies." https://isilanguagesolutions.com/201...l-of-the-world
You know all those rich folks I keep hearing about moving to FL......it looks like a lot of their money will be flowing back to CT via insurance premiums. That's irony for you.
In most of my posts on this forum, I have linked to many articles discussing CT's population trends. A few of them relate to the United Van Lines data, & those are key to CT's economic climate because those are very affluent people moving. It would be too time-consuming for me to go back through all my posts to copy all the links, and re-post them all again here, & it would be redundant.
Here's a new data source that shows the population decline, mentions why people are leaving (high taxes are always mentioned as a reason), & how many immigrants (many illegal) are now in CTdue to the sanctuary state designation. It also shows how uneducated, & poor many of the Latino immigrants are.
These stats can be used to extrapolate the idea that many CT residents are leaving, & they are being replaced with poor & uneducate immigrants....many from the southern border. It's my opinion that these demographic trends are a drain on CT's public resources, which can have adverse implications for CT's economic climate.
For instance, money is going towards supporting recent immigrants, is not going towards improving higher learning (I've already provided a link showing how poorly CT is rated in higher learning), or to reduce youth crime, which you have posted about.
As I said the United Van Lines Data is very limited so any conclusions drawn from it are severely flawed and meaningless. I did not see any posts from you with more accurate data. Even the link you just provided is only based on estimates which have a high margin of error. The only truly accurate population data is the new 2020 US Census and so far the statistics coming out of it are limited.
What the 2020 data actually showed is that Connecticut’s population grew by 0.9% from 2010 to 2020. That is modest but may not be bad given our state is already the fourth most densely populated state in the country. I think most agree that the last thing our state needs is more people. That would destroy our state’s character. The 2020 US Census has not released any data on income or population trends so it is purely conjecture any of the things you claim.
I also have to disagree with you on education of people here. Connecticut ranks No. 3 in the country for education of its kids. It’s not that high for no good reason. You are grasping at straws to say otherwise and your comments on immigrants has NO factual basis at all. That also goes for your obviously biased opinions. They just aren’t based on facts. I find that to be pretty sad. Jay
[quote=CTartist;61422995]Looks like all the condos in FL going through all the recertification's could be a boon for CT/Hartford.
"Another concern is that insurance premiums may suddenly spike, Clarkson said. He recalled that after Hurricane Andrew in 1992, many major insurers left Florida because of the amount of claims and because “premiums were going up 400 percent, 500 percent overnight” due to the lack of competition.........."It becomes a feast,” he said. “And that's what's going to happen again or they're going to issue policies with so many exclusions on it that it’s almost not worth having.” https://www.yahoo.com/news/condo-col...083017733.html
And for all those that say Hartford isn't huge in insurance anymore this article looks current as I see June 2021 on the page.
"Hartford, Connecticut is known for the plentitude of insurance companies that are either headquartered or have major campuses in the region. Today the Hartford region has almost nine times the percentage of workers in the insurance industry compared to the average location in the United States."
"Connecticut is still home to more than 100 insurance companies. ......... Other cities have very strong presences of insurance companies, both in the United States and abroad, threatening the title. However, the optics of being located in Hartford still hold true, giving the impression of being part of an elite group of very highly regarded companies." https://isilanguagesolutions.com/201...l-of-the-world
You know all those rich folks I keep hearing about moving to FL......it looks like a lot of their money will be flowing back to CT via insurance premiums. That's irony for you.
The stats in this ^^^ article are devastating to the economic climate in CT. Rising condo insurance premiums in Florida can't possibly make a dent in the Billions upon Billions of CT income that has left. I hope Ned Lamont can slow this down. Lamont has increased CT's bond rating for the 1st time in 20 years, & that indirectly helps CT's economic climate.
I wish Lamont didn't have so many people in the state gov't, and in unions, working against him though. I've seen this play out before elsewhere, & the Governor lost out. Hopefuly, this time will be different.
You know all those rich folks I keep hearing about moving to FL......it looks like a lot of their money will be flowing back to CT via insurance premiums. That's irony for you.
The top three homeowners insurance companies in Florida are State Farm, Allstate and Chubb, none of which are headquartered in Connecticut. Even if they were, that money is going into the pockets of a private company, not the state general fund.
Looks like all the condos in FL going through all the recertification's could be a boon for CT/Hartford.
"Another concern is that insurance premiums may suddenly spike, Clarkson said. He recalled that after Hurricane Andrew in 1992, many major insurers left Florida because of the amount of claims and because “premiums were going up 400 percent, 500 percent overnight” due to the lack of competition.........."It becomes a feast,” he said. “And that's what's going to happen again or they're going to issue policies with so many exclusions on it that it’s almost not worth having.” https://www.yahoo.com/news/condo-col...083017733.html
And for all those that say Hartford isn't huge in insurance anymore this article looks current as I see June 2021 on the page.
"Hartford, Connecticut is known for the plentitude of insurance companies that are either headquartered or have major campuses in the region. Today the Hartford region has almost nine times the percentage of workers in the insurance industry compared to the average location in the United States."
"Connecticut is still home to more than 100 insurance companies. ......... Other cities have very strong presences of insurance companies, both in the United States and abroad, threatening the title. However, the optics of being located in Hartford still hold true, giving the impression of being part of an elite group of very highly regarded companies." https://isilanguagesolutions.com/201...l-of-the-world
You know all those rich folks I keep hearing about moving to FL......it looks like a lot of their money will be flowing back to CT via insurance premiums. That's irony for you.
The stats in this ^^^ article are devastating to the economic climate in CT. Rising condo insurance premiums in Florida can't possibly make a dent in the Billions upon Billions of CT income that has left. I hope Ned Lamont can slow this down. Lamont has increased CT's bond rating for the 1st time in 20 years, & that indirectly helps CT's economic climate.
I wish Lamont didn't have so many people in the state gov't, and in unions, working against him though. I've seen this play out before elsewhere, & the Governor lost out. Hopefuly, this time will be different.
You must be kidding! The Yankee Institute is a highly biased right wing organization with a clear libertarian agenda so their opinions and conclusions are questionable at best. If you look at the data they use, it is not reliable. They use dated population estimates that have been shown to be inaccurate by the 2020 US Census. They also rely on the severely limited and flawed data from United Van Lines. That kind of throws EVERYTHING they say out the window. Jay
You must be kidding! The Yankee Institute is a highly biased right wing organization with a clear libertarian agenda so their opinions and conclusions are questionable at best. If you look at the data they use, it is not reliable. They use dated population estimates that have been shown to be inaccurate by the 2020 US Census. They also rely on the severely limited and flawed data from United Van Lines. That kind of throws EVERYTHING they say out the window. Jay
United Van Lines is huge, Jay, moving 1.2 million families the last decade alone. They own much of the corporate relo market share. (I know many corps with national accounts with them. They have 500 locations.)
Their migration study has been done, every year, since 1977. This is not West End Moving & Storage. This is a huge national, moving corp.
Nothing is flawed off simply aggregating data on moving from/to, and their website also has released state by state data on age ranges moving in/out, and income brackets in/out, also. It is ten times as solid data as the tiny columns the minor league newspapers publish regarding the data (which excludes age brackets plus income brackets). UAL moves are a cross section of professional employment Americans. I would add U Haul would be best to aggregate data on working class Americans.
United Van Lines is huge, Jay, moving 1.2 million families the last decade alone. They own much of the corporate relo market share. (I know many corps with national accounts with them. They have 500 locations.)
Nothing is flawed off simply aggregating data on moving from/to, and their website also has released state by state data on age ranges moving in/out, and income brackets in/out, also. It is ten times as solid data as the tiny columns the minor league newspapers publish regarding the data (which excludes age brackets plus income brackets). UAL moves are a cross section of professional employment Americans. I would add U Haul would be best to aggregate data on working class Americans.
It’s incredible to me that you do not see the obvious flaws in this. Aren’t you a businessman?
The size of United has nothing to do with the accuracy of their data. It is one of hundreds of moving companies that serve our state. The data they give is only theirs so it is not comprehensive. Other movers could show completely different data.
United is more known for larger long distance corporate moves rather than closer or in state moves. That skews their numbers. People usually select movers based on cost. United may offer the best rates to one state like Florida over another company so their numbers could be further skewed. Statistically their analysis is worthless. Even a child could see that. Jay
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