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 ...
Another fine place turned into a hellhole by Libtards ...
A fruitless plea:
“Heroin addicts, quit using heroin.”
Not going to happen.
When insurance companies start leaving Connecticut, the apocalypse is nigh.
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.
You know your state is awful when a major corporation leaves it and moves to NEW YORK CITY of all places.
“-———and moves to NEW YORK CITY of all places.
Compared to Hartford NYC is Nirvana.
.
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.
Well Aetna didn’t do itself any big favors by relocating to NYC. That’s just moving from one fire pan to another.
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.
If moving to New YorK City is an improvement then how bad must Connecticut suck?
Move the capitol there and it becomes even more blur. Turns Virginia red.
And, after 154 years in CT, Aetna said yesterday that they're moving their HQ to New York City.
New Jersey will beat them to it. Especially if that idiot Murphy is elected governor. :(
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.
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. :-(
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...
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.
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.