It will serve as a symbol of a resurgent, reimagined Connecticut; a clear signal to investors, businesses, and residents that Connecticut is ready to compete.
Fred Carstensen
Posted inCT Viewpoints
Driving Connecticut’s economy and fiscal recovery with legalization of recreational marijuana
Connecticut never recovered from the Great Recession. Employment recovery stopped 17,000 jobs shy of its previous peak; the value of gross state output (GSP, similar to national GDP) fell for years, contracting 9.1%, before a modest recovery. In February 2020 it was still about six percent below its previous peak. In sum, Connecticut had the worst economic performance of any state.
Posted inCT Viewpoints
The CT spending cap as written: ‘An unmitigated disaster’
The purpose of the spending cap should be to limit taxation on Connecticut taxpayers. But as written, it actually cost the state jobs, undermined tax revenue, and surely raised taxes on Connecticut taxpayers. OMG. How did that happen?