A tale of two… state economies

Posted on February 23, 2012. Filed under: Uncategorized |

At yesterday’s annual Connecticut Council of Small Towns meeting in Cromwell, Gov. Dannel Malloy and legislative leaders were on hand to fill the towns in on Connecticut’s fiscal situation.

As we’ve seen throughout the past year or so, the Democrats and the Republicans are singing two fairly different tunes.

Malloy, a Democrat, touted his achievements of balancing the budget without cutting town aid and growing the state’s economy and jobs, as well as his focus on education and pension reform.

House Minority Leader (and Republican) Larry Cafero, however, pointed out that the Office of Fiscal Analysis has recently issued reports stating the current budget is actually $145 million in deficit and the cost savings from the unions’ concessions last summer are not nearly as large as projected, among other troubling news.

Read the Connecticut Mirror‘s tale of two economies, and let us know which side you’re more in agreement with. Are you pleased and optimistic, or still worried?


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