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Neighbor News

Restoring Yankee Thrift

The state of Connecticut is broke. This is despite its status as America's wealthiest and most educated state.

  • Our government is the least popular in the country for good reason: it repeatedly hiked taxes and wasted so much money that we’re unprepared for the next recession. The Dan Malloy Democrats let the government unions pillage the state. The have run out of money in Hartford; now they are coming to loot New Canaan by transferring their liabilities to us.
  • Do we let a set of bankrupt ideas bankrupt our state or will homeowners and taxpayers say that enough is enough? We know where the money is going: the Dan Malloy Democrats are shoveling it to the government unions as fast as possible. Much of that money goes from overtaxed Connecticut workers to pensioners living in Florida where they pay no state income tax. It can’t go on that way, so it won’t. There is no Berlin wall—if taxpayers can escape, they will.
  • Ultimately, Connecticut’s liberalism will not be defeated by conservatism; it will be defeated by reality. Our tax-and-spend government teeters on the brink of bankruptcy, propped up by the most mobile of industries: financial services. With 24 hours and a U-Haul, a hedge fund can leave. Connecticut would get downgraded with the flight of just a few funds. For example, if Bridgewater’s Ray Dalio flees, those left behind will sink underneath our crushing debt...

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