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To the Editor:
Gov. Dannel Malloy’s budget proposal speaks volumes both about his own personal ideology as well as the state of politics in Connecticut today. While the tax and spend mentality by the left should surprise no one, what is increasingly unsettling is the lack of honest debate or the presence of a loyal opposition in our state government. Rather, the single party, rubber-stamp Democratic majority in Hartford seem all too willing and eager to appease their leadership and push us further down the road of bad policy and irresponsible politics which have led the state to its current dire financial situation.
With Malloy’s budget projected to push the state’s deficit into the billions, which would add to each state taxpayer’s near $50,000 share of the current shortfall, it’s worth noting a few things:
- Connecticut has the highest debt-per-capita and the lowest credit quality of all 50 states, according to an independent analysis by Conning Inc.;
- The Institute for Truth in Accounting ranks Connecticut dead last of the 50 states, noting that state officials use “antiquated budgeting and accounting rules” such that “all liabilities are not clearly disclosed;”
- Malloy was one of five governors to receive a grade of “F” on the Cato Institute’s Fiscal Policy Report Card; and
- Connecticut ranked as one of the “10 worst states to do business in” in Chief Executive magazine’s survey of national business leaders.
One of the quotes from that survey should serve as a very loud wake-up call to the people of this state. According to one CEO, “California and Connecticut have state governments that are simply too big, too intrusive and too anti-business.” I think it would come as a shock to most residents of Fairfield County that Connecticut is now being compared to California, a state whose fiscal train wreck has been playing out in the public eye over many years. Rather than re-evaluating and changing course, Malloy and the overwhelming Democratic majority in Hartford seem eager to throw the brake switch and move full steam ahead down the very same track.
Trouble ahead, trouble behind.