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UConn Athletics
Conference Realignment Board
Governor Malloy Won't Push For Costly XL Center Upgrades
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[QUOTE="Exit 4, post: 1564151, member: 2268"] States that aren't growing on par with the national average are losing in the economic development game. An expanding pie is essential for maintaining a healthy tax base. You don't want to be a bottom 5 state on population growth which is what we have been for the past 15 years as it suggests strongly that the local economy is not performing. The state's budget woes have everything to do with middle and high earners moving out faster than can be replaced (hence the monthly surprise that tax revenues are below the projection). We have room for more people, our cities could support more density. We need smarter policies including better efforts to get more for every tax dollar spent. In the link, note that after the national real estate market stabilized in 2011 the flight of high income people from CT to other states has accelerated vs the period prior to 2008. People with means see the writing on the wall with respect to the state's lack of will to deal with its long term issues - principally its unfunded pension bomb. [URL]http://www.howmoneywalks.com/irs-tax-migration/[/URL] <--fixed link, based on real IRS tax data [URL]http://www.theday.com/article/20140112/NWS12/140119903[/URL] [URL]https://ballotpedia.org/Public_pensions_in_Connecticut[/URL] <--tons of CT pension deficit factoids in here. [/QUOTE]
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UConn Athletics
Conference Realignment Board
Governor Malloy Won't Push For Costly XL Center Upgrades
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