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Old 05-07-2011, 09:33 PM
 
Location: Connecticut
14,434 posts, read 22,869,899 times
Reputation: 3186

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Quote:
Originally Posted by bobtn View Post
Christie is awesome, and quite frankly, Malloy is making the worst deficit nationally far worse long-term. Little wonder the unions love Malloy; anyone else would have already taken an ax to their exorbitant cost structure. Again, 250,000 fled in the 90s after Weicker did his Malloy, Jr imitation. That raised taxes on those left, as did the loss of 120,000 manufacturing jobs with the taxes those firms paid. Malloy will, no doubt, cause another massive exodus from Ct, but at least, he is proving the uber liberal, big spending Democrat is alive, well, and causing destruction. The Midwest turned on the uber libs this year, and Thank God, voted in anti public sector union extortion Republicans. Perhaps when the next exodus ends, those left, tired of taxes double those they now pay, will realize they too, need to turn on those they have elected for decades.
Same old BS. The loss of manufacturing jobs was not due to taxes, it was due to a change in the economy and a shift to overseas manufacturing where there was cheaper labor. This was a NATIONAL shift where many of the old line manufacturing states lost jobs, not just Connecticut. Jay
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Old 05-07-2011, 11:50 PM
 
16,768 posts, read 7,391,885 times
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Closed shop states , Jay, lost higher percentages of mfg than RTW states. many manufacturers fled to RTW. An example is Casco (in Bridgeport 3/4 of a century), who now has their US mfg jobs in Kentucky. Carpenter Steel left Ct for Pa. Try naming a manufacturer who fled a state to come to Ct.

Kentucky and Pennsylvania are NOT overseas.
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Old 05-08-2011, 08:58 AM
 
Location: Connecticut
14,434 posts, read 22,869,899 times
Reputation: 3186
Quote:
Originally Posted by bobtn View Post
Carpenter Steel left Ct for Pa. Try naming a manufacturer who fled a state to come to Ct.
Carpenter Steel was based in PA long before they purchased the steel mill in Bridgeport. That mill was owned by Stanley and Northeast Steel before Carpenter bought it in the 1950's.

There are some manufacturers (few I will admit) who came here from other states but they came from even higher priced states like New York. I am not arguing with you that CT is an expensive state to do manufacturing. But you are painting a doom and gloom scenario that is not entirely accurate. Jay
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Old 05-08-2011, 09:03 AM
 
Location: Connecticut
14,434 posts, read 22,869,899 times
Reputation: 3186
Quote:
Originally Posted by bobtn View Post
Christie is awesome, and quite frankly, Malloy is making the worst deficit nationally far worse long-term. Little wonder the unions love Malloy; anyone else would have already taken an ax to their exorbitant cost structure. Again, 250,000 fled in the 90s after Weicker did his Malloy, Jr imitation. That raised taxes on those left, as did the loss of 120,000 manufacturing jobs with the taxes those firms paid. Malloy will, no doubt, cause another massive exodus from Ct, but at least, he is proving the uber liberal, big spending Democrat is alive, well, and causing destruction. The Midwest turned on the uber libs this year, and Thank God, voted in anti public sector union extortion Republicans. Perhaps when the next exodus ends, those left, tired of taxes double those they now pay, will realize they too, need to turn on those they have elected for decades.
It is way too early to tell just how "awesome" Christie is, if at all. He talks a good game, says what many people want to hear but seems to pick and choose what HE feels is important and does not listen to ANYONE elses opinion. That may not carry him much further. He cancels the important ARC project (shortsighted) but coughs up funds for the takeover of the massive Xanadu project in the Meadowlands??? Just seems to be a little off in the follow through. We will see. Jay
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Old 05-08-2011, 09:39 AM
 
16,768 posts, read 7,391,885 times
Reputation: 6162
Christie, like Cuomo, is actually cutting a budget as opposed to adding more job-killing taxes. One does not hear NJ's UTC's or AETNA's calling their environment the most anti-business they have run into. Their CBIA is not up in arms. Given the feelings of those three, any change to CT's jobless streak of 2 decades needs to wait until the post-Malloy period.

PS, In Wisconsin, while labor railed like 6 year olds about Walker, job growth his first month was 10,500.Gov't cost structures, and tax levels do matter if one wants to add jobs.

BTW, cancelling the ARC was WISE. Like most fed projects of its ilk, it transferes massive , recurring maintenance costs onto the states after being built, and like all massive projects (i.e. the Big Dig) you can project its costs as several times its budget.

In short, good govs know 3 words well-Cut Baby, Cut.
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Old 05-08-2011, 11:46 AM
 
Location: Texas
1,796 posts, read 1,923,281 times
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Quote:
Originally Posted by JayCT View Post
I am not arguing with you that CT is an expensive state to do manufacturing.
If I were looking to start a manufacturing business, CT would present some problems as a location choice. Land and building costs are extremely high. The permitting process can take forever, or you might not get it at all due to local opposition.

When you finally can open the doors, the wage rates here will be an ongoing problem for your cost basis, unless you're making something rare and exotic where the labor component of the costs are a small fraction of the whole.
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Old 05-08-2011, 04:54 PM
 
Location: W Hartford, CT
1,302 posts, read 1,981,715 times
Reputation: 729
Quote:
Originally Posted by JayCT View Post
Same old BS. The loss of manufacturing jobs was not due to taxes, it was due to a change in the economy and a shift to overseas manufacturing where there was cheaper labor. This was a NATIONAL shift where many of the old line manufacturing states lost jobs, not just Connecticut. Jay

Jay, with all due respect many manufacturing jobs either went elsewhere or went out of business precisely due to taxes. It's true that manufacturing in the Northeast declined in part due to cheap labor elsewhere. (A perfect example of what you described is in the meatpacking industry, which was largely concentrated in Chicago for over half a century but lost nearly all of this to midwestern states where the workforce was cheaper, and nowadays these companies face less legal scrutiny and this enables them to hire a workforce largely of illegals.) But it's an undeniable fact that high, unreasonable taxes caused this as well. Example: In 1959, the Bronx had over 2,000 manufacturers. Fifteen years later, it was down to 1,350 and the jobs they supplied dropped by over one-third. Someof this was lost due to foreign competition, but the city helped destroy its workforce by imposing new corporate taxes on top of state and federal taxes, and they hiked inspection fees which didn't help. And it was largely a Democratic regime that presided while all of this was happening. In like manner, we now have an administration that, despite a major recession, is putting more of a financial strain on the middle class, which people like Malloy make these gallant speeches over, and we're tapped out. We've reached our overdraft limit and he wants us to cough up more dough? Small wonder why our cities aren't economic powerhouses.
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Old 05-08-2011, 05:18 PM
 
Location: Connecticut
2,727 posts, read 2,859,268 times
Reputation: 1866
Quote:
Originally Posted by ctcoldplay11 View Post
Connecticut's taxes are exorbitant, no doubting that. But you get what you pay for. Connecticut has fantastic schools, well-maintained roads & highways, great medical services, well-preserved parks and beaches, and a quality of life that--let's face it--is unmatched.



Many roads near where I live are pretty awful. It's not due to winter either, as these same roads have been awful in all the years I've lived here. They've never been fixed.
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Old 05-08-2011, 05:21 PM
 
16,768 posts, read 7,391,885 times
Reputation: 6162
Great post, Mike. Malloy is going to cause even more damage, unlike Andrew Cuomo, whose no new taxes policy will undo some of the damage his dad, the uber liberal, did.

NYC when I was growing up still had a thriving manufacturing sector, as did almost every town and city in Fairfield County. I now live within 30 miles of a facility that makes appliances with a four figure headcount. Many more of similar size make all types of products, start to finish, in America. They just no longer do that in Ct. Almost all mfg left in CT is related to gov't work. Nice to have, but one is uncompetitive if not being able to sell via cost-plus is beyond their capabilities due to the high cost of doing business.
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Old 05-08-2011, 05:43 PM
 
8,420 posts, read 9,665,264 times
Reputation: 4873
Quote:
Originally Posted by bobtn View Post
unlike Andrew Cuomo, whose no new taxes policy will undo some of the damage his dad, the uber liberal, did.
I haven't been paying any attention to what NY and NJ are doing with their state budgets, but i do have a question regarding them. Are Cuomo and Christie's budgets maintaining the same level of state aid to the municipalities in NY and NJ?
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