Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Connecticut, Don't Be Illinois
Hartford Currant ^ | June 2, 2017

Posted on 06/30/2017 6:05:21 AM PDT by Zakeet

In Illinois, people are moving out as political leaders are locked in an impasse over the state budget. (Sound familiar?) The bond rating for the Land of Lincoln is close to junk status because of the standoff. There is an ugly lesson here for Connecticut's General Assembly: Don't be like basket-case Illinois.

Connecticut is headed there, however, if the legislature doesn't end its budget deadlock and address the problems that are putting the state deep in the hole - a $5 billion budget hole over two years.

Aetna drove that point home Thursday morning with the message that it's moving its longtime Hartford headquarters to New York City and that the fate of the remaining 6,000 employees in Connecticut rests on the state Capitol.

(Excerpt) Read more at courant.com ...


TOPICS: Business/Economy; Editorial; News/Current Events; US: Connecticut
KEYWORDS: budget; connecticut; economy; taxes
Navigation: use the links below to view more comments.
first 1-2021-24 next last

Another fine place turned into a hellhole by Libtards ...

1 posted on 06/30/2017 6:05:21 AM PDT by Zakeet
[ Post Reply | Private Reply | View Replies]

To: Zakeet

A fruitless plea:

“Heroin addicts, quit using heroin.”

Not going to happen.


2 posted on 06/30/2017 6:10:15 AM PDT by yefragetuwrabrumuy ("Baizuo" A derogatory term the Chinese are using to describe America's naive "White Left")
[ Post Reply | Private Reply | To 1 | View Replies]

To: yefragetuwrabrumuy

When insurance companies start leaving Connecticut, the apocalypse is nigh.


3 posted on 06/30/2017 6:15:08 AM PDT by JPJones (There is no Law but Constitutional Law, and America is Its Agent)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Zakeet
Too Late


4 posted on 06/30/2017 6:17:46 AM PDT by libertarian27 (FR Cookbooks - On Profile Page)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JPJones

Conn was known as the insurance capitol of the world. Now its a joke. Left this state over 50 years ago and I’m glad I did.


5 posted on 06/30/2017 6:20:20 AM PDT by OKITRUMP77
[ Post Reply | Private Reply | To 3 | View Replies]

To: Zakeet

You know your state is awful when a major corporation leaves it and moves to NEW YORK CITY of all places.


6 posted on 06/30/2017 6:21:07 AM PDT by Alberta's Child ("I was elected to represent the citizens of Pittsburgh, not Paris." -- President Trump, 6/1/2017)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Alberta's Child

“-———and moves to NEW YORK CITY of all places.


Compared to Hartford NYC is Nirvana.

.


7 posted on 06/30/2017 6:26:02 AM PDT by Mears
[ Post Reply | Private Reply | To 6 | View Replies]

To: Alberta's Child

It gets worse:

Last year GE which had been in CT for over 100 years, moved to Boston (Taxachusetts).

Reason given: MA had a “lower corporate tax rate”.

CT is stuck on liberal stupid.


8 posted on 06/30/2017 6:26:38 AM PDT by JPJones (There is no Law but Constitutional Law, and America is Its Agent)
[ Post Reply | Private Reply | To 6 | View Replies]

To: JPJones

Well Aetna didn’t do itself any big favors by relocating to NYC. That’s just moving from one fire pan to another.


9 posted on 06/30/2017 6:28:28 AM PDT by princeofdarkness (Leftists. Their only response to failure is to double down.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Zakeet

10 posted on 06/30/2017 6:30:50 AM PDT by freedumb2003 (The Civil Rights movement compared content of their character to skin color and chose the latter)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

Wondering why there’s a deficit?

In 2011, Malloy signed the Connecticut Dream Act, which allowed undocumented students to pay in-state tuition rates... “Dreamers deserve the chance to succeed,”
Malloy said.

Connecticut Governor Dannel Malloy was honored on Sunday (May 2016) by the family of John F. Kennedy for embracing Syrian refugees at a time when other U.S. leaders sought to turn them away.

Gov. Dannel P. Malloy will propose an earned income tax credit Wednesday (Feb 2011) that would be the first in Connecticut history.
The tax would provide a maximum of nearly $1,700 for poor, working-class families that earn below $21,500 per year.

There is no free ride. Someone has to pay for it. They commit to big spending amid shouts of joy from the left, without telling anyone that they will have to pay for it. Then, a few years later, the bill comes due and they wail and moan as if the f*cking deficit came out of nowhere, and pretend that they have to raise taxes even though they really don’t want to.

Bunch of phonies.


11 posted on 06/30/2017 6:31:08 AM PDT by I want the USA back (Le Pen: "Islamism is a totalitarian ideology that has declared war on our nation, on civilization.")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

If moving to New YorK City is an improvement then how bad must Connecticut suck?


12 posted on 06/30/2017 6:45:41 AM PDT by Bonemaker
[ Post Reply | Private Reply | To 1 | View Replies]

To: Bonemaker

Move the capitol there and it becomes even more blur. Turns Virginia red.


13 posted on 06/30/2017 6:57:16 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Zakeet
Connecticut better PRAY that ESPN doesn't seriously consider moving out of Bristol, CT. ESPN could easily move its entire operation to a new facility on Disney World property (there's plenty of land there for such a facility) and save a huge amount of money in state taxes alone.
14 posted on 06/30/2017 6:58:48 AM PDT by RayChuang88 (FairTax: America's Economic Cure)
[ Post Reply | Private Reply | To 1 | View Replies]

To: OKITRUMP77
Conn was known as the insurance capitol of the world.

And, after 154 years in CT, Aetna said yesterday that they're moving their HQ to New York City.

15 posted on 06/30/2017 7:02:38 AM PDT by Puppage (You may disagree with what I have to say, but I shall defend to your death my right to say)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Zakeet

New Jersey will beat them to it. Especially if that idiot Murphy is elected governor. :(


16 posted on 06/30/2017 7:13:30 AM PDT by ZULU (DUMP THAT POS PAUL RYAN!! KIM FATTY the THIRD = Kim Jung Un)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Zakeet

And what’s funny, every day in the News there is a story on how bad Kansas is (apparently Kansas is the most critical state in the union) and how low taxes trickle down has failed because they are facing a $300 million dollar deficit by 2019 (or $100 million per year) I would bet Illinois, Conn, California or any other Liberal state would love to be short only $300 million (Even if you factor in the population difference, those states would love to only have Kansas’ “problems”)

And Kansas has full employment, rising incomes, low poverty and welfare rates.


17 posted on 06/30/2017 7:20:53 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mears

I work in Hartford and you are correct.

It is _much_ safer in Manhattan than downtown Hartford—though DiBlasio is doing what he can to increase the crime rate in NYC. :-(


18 posted on 06/30/2017 7:23:55 AM PDT by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
[ Post Reply | Private Reply | To 7 | View Replies]

To: RayChuang88

CT has a much bigger problem on the horizon—Travelers Insurance Company.

They employ thousands in downtown Hartford and they were purchased years ago by a company based in MN.

Most of Traveler’s business does not require downtown office space and could be done remotely were it not for old managers insisting on face time. Many of those managers will be retiring soon...

Tick...tick...tick...


19 posted on 06/30/2017 7:26:44 AM PDT by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: OKITRUMP77

Left this state (CT) over 50 years ago....

I went back for my 50th college reunion this year, so stayed a few nights. There are pockets where there are still some nice neighborhoods and towns, of course. But aside from that, it's astounding. Just driving the highways and in just about everything you do, it's apparent that the state has gotten shabby.

What a crime. Growing up in CT was about as perfect as it gets. The state made all bad decisions when its manufacturing base crumbled. Now, it's hard to imagine how it comes back. So much of the income base (residential and commercial) has already left CT.

20 posted on 06/30/2017 7:29:38 AM PDT by grania (Deplorable and Proud of It!)
[ Post Reply | Private Reply | To 5 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-24 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson