As you travel around our beautiful town it is hard not to notice the numerous “For Sale” signs, and “For Rent” signs. While the rest of the country has seen over 4 million new jobs created and greater than 4% GDP growth since the 2016 election, Connecticut continues to barely break even at best. Governors of other states regularly visit Connecticut to recruit our companies and highlight our current state government’s incompetence.
The following is a list of how Connecticut ranks after eight years of Gov. Dan Malloy and Democratic leadership. Clearly, Connecticut is failing. The record speaks for itself.
Connecticut ranks third worst in the nation in finance (Truth in Accounting) and ranks fourth worst in adding jobs since the Great Recession (24/7 Wall Street). According to Kiplinger, Connecticut ranks second to last in tax-friendly states for retirees. Thumbtack ranks it the worst state for small business, and CNBC ranks the state 43rd for business — three spots better than the 46th place ranking Connecticut received from Chief Executive Magazine in the same category.
WalletHub deemed Connecticut the most energy expensive state and fourth worst for the financially savvy. Mercatus ranked us dead last in fiscal solvency, while ALEC ranks the state 45th in economic competitiveness.
Pew ranked Connecticut 48th for personal income growth and Governing ranked the state 42nd in its state economic rankings.
Bankrate ranked us the sixth highest in terms of closing costs in the country, while CoreLogic said Connecticut is second highest for distressed home sales.
It doesn’t stop there though.
Tax Foundation ranks the state 44th in terms of business tax climate index, and dead last in Tax Freedom Date. Tax Foundation also said Connecticut is the second worst state for local tax burden.
Forbes ranks us 39th on its list of best and worst states for business. The CATO Institute ranked Connecticut 45th on its list of “Most Free States.”
American Petroleum Institute says Connecticut pays the fifth highest tax rate, and the Small Business and Entrepreneurship Council ranks us the 10th worst state for small business taxes. Finally, 24/7 Wall Street ranked Connecticut the ninth hardest state to find a full-time job.
Connecticut citizens want to change. The change has to happen, not only at the highest level of governor, but all the statewide offices including attorney general and treasurer. Connecticut has suffered under one party rule too long.
As you consider who to vote for, ask yourself the following questions. Do you want more taxes or tax relief? Do you want more state spending or do you want our state government streamlined and reduced? Do you want tolls that will drive traffic into our beautiful, peaceful neighborhoods like Beaver Brook? Do you want a leader who can recruit companies to come to Connecticut, or one that continues to drive them out?
Do you want our children to be able to come back to Connecticut after they graduate, find jobs and raise their families here or do you want to leave Connecticut and move elsewhere to join them?
The choices could not be clearer.