11 October 2016

• The Tuesday Rant: Wall Street Journal Says “Connecticut is in something of a fiscal death spiral....”

“Despite all this revenue collection, Mercator rates Connecticut in the bottom five states for fiscal solvency. The 2015-16 budget passed the house without a single Republican vote. General Electric is moving its headquarters from the state in part due to tax hikes. Forbes reported in 2014 that Connecticut was in the top five states experiencing the most out-migration…

“It would appear that Connecticut is in something of a fiscal death spiral, and that fiscal restraint rather than flogging an ever-smaller horse is in order....”

Please visit this link to read the full article: WallStreetJournal

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