[Ken H]

Payback’s a Fitch.

[I want the USA back]

Like a typical democrat, mallow has no idea at all what it means to be at the head of a state. All he can think about is taking money from those who earn it, and giving it to those who guarantee that dems will remain in power.
No idea whatsoever about bringing in manufacturing or industry. Tax Whitey to death to pay all the ones who never earn a cent to pay the taxes that Whitey takes up the a$$.

[MarchonDC09122009]

Delicious consequence ;n)

In recent related news ~

http://freerepublic.com/focus/f-news/3552034/posts

http://www.zerohedge.com/news/2017-05-10/connecticut-state-capital-prepares-bankruptcy-amid-collapse-hedge-fund-revenue

https://www.washingtonpost.com/business/connecticut-feels-effect-of-drop-in-super-rich-tax-payments/2017/05/07/5b8cbd64-334d-11e7-ab03-aa29f656f13e_story.html?utm_term=.6921f3846e46

http://www.courant.com/community/hartford/hc-hartford-bankruptcy-lawyer-20170509-story.html

[lgjhn23]

Cut em....cut em to the bone, then cut some more just for good measure.
They got it coming and deserve everything they get.
Never let a liberal near the levers of power in government....NEVER.

[PGR88]

Oh please, let there be a bankruptcy!

[NohSpinZone]

Garbage - they should be at junk bond status if this rating service was doing its job correctly. Businesses and people are fleeing the Nutmeg State. The wacky government even explored the idea of raiding Yale’s endowment for “revenue”. And they elected a lying nutjob like Blumenthal to the Senate.

If state bonds could be shorted, they’d be a great candidate.

[headstamp 2]

Death by Democrats

[Opinionated Blowhard]

and a lack of fiscal flexibility

Connecticut is America writ small. They ramped up spending through the roof, borrowed as much as they could, and instituted an extremely progressive tax system that shifts the burden heavily to the "rich." But Connecticut learned what a lot of other states have learned (and the US too). If you rely on the "rich" for taxes, you have an extremely unreliable tax base because the income of the "rich", in general, fluctuates to a much larger degree than taxes on the middle class. In a recession, there aren't many taxes from the "rich." So what are they going to do? A big Middle Class tax increase to pay for the high spending and debt service? Good luck. This is how the Welfare State ends.

[Gay State Conservative]

If you look at lists of "the richest states in the country" one of three states will always appear as *the* richest:

New Jersey...Maryland...or Connecticut.

And yet we see stories like this.

[Deplorable American1776]

What happened to the Ella Grasso/William O’Neil/Tim Monahan Democrat...pro business Democrats...