[BobNJ1960]

Originally Posted by RonaldusMagnus

The spirit of his comment has much truth to it. Follow the thread and you will see fierce opposition to economic and mathematical certainties. It is almost comical (if it weren't tragic) to see folks deny reality. .

[RonaldusMagnus]

Originally Posted by JayCT

I am not wrong. The website you linked is a company that sells gold as I said. Even Bridgewater is selling something. Find an independent source to reference for credibility. Jay

So when you quote politicians advancing wonderful new "programs", are they selling something?

[BPt111]

Originally Posted by howdydoody342

Stamford and Norwalk aren't building middle income housing, it's all high end luxury. Beyond what McGee thinks, there is still a lot of assumption that would need to be shed. I don't know anyone from my uconn class that wanted to live in the Hartford metro after graduating, they all went to Boston or nyc with some in FFC or other states.

True most people in my graduated class want to live in NYC, Boston, San Francisco/L.A a few will stay in Stamford because it close to NYC

[BobNJ1960]

4963 was a great post though which explained the pension problem beautifully, going through the actuarial math involved.

[JayCT]

I told people to stop bickering and yet it still continued. I am shutting this thread for review and will reopen it when my review is complete. JayCT, Moderator

[JayCT]

I am reopening the thread after deleting a lot of posts and issuing a lot of warnings. Remember, please be respectful of others and post according to the rules of this forum. JayCT, Moderator

[mlassoff]

So here's something interesting. I'll post the source when I receive it again....

When you look at state debt-- No doubt, CT is in trouble.

However, if you look at State Debt + County Debt + Municipal Debt, we're actually somewhere in the middle of the pack when it comes to debt.

No to be little the problem, but, it seems likely to me our problem is concentrated at the state level where, in many other states, the problem is worse, but simply distributed across layers of government.

A reporter showed me this last Wednesday night, and I am waiting for him to get back to me on the source.

[BPt111]

Major health insurers seek sharply higher rates in Connecticut | The CT Mirror

[Mike 75]

Originally Posted by mlassoff

So here's something interesting. I'll post the source when I receive it again....

When you look at state debt-- No doubt, CT is in trouble.

However, if you look at State Debt + County Debt + Municipal Debt, we're actually somewhere in the middle of the pack when it comes to debt.

No to be little the problem, but, it seems likely to me our problem is concentrated at the state level where, in many other states, the problem is worse, but simply distributed across layers of government.

A reporter showed me this last Wednesday night, and I am waiting for him to get back to me on the source.

Just wondering, does that include unfunded pension obligations? Because my understanding is that CT's main fiscal problem at the state level is adequately funding pension obligations, not servicing its debt.

[mlassoff]

Originally Posted by Mike 75

Just wondering, does that include unfunded pension obligations? Because my understanding is that CT's main fiscal problem at the state level is adequately funding pension obligations, not servicing its debt.

Yep.. You're right. I just heard back and it DOESN'T include unfunded pension obligations. And, I agree, this is the root of our fiscal problems.