[NUHuskies01]

Originally Posted by JayCT

Interesting take on GE and Alexion's moves to Boston and how little the moves have done for the company's bottom line and stock prices. Even more interesting was the comment made by another Connecticut CEO that his company has no problem finding or attracting talent in our state. This is on top of comments made by Travelers CEO that their tech center is in Hartford and they have no problem attracting workers, as well as Pratt & Whitney's recent opening of a $400 million engineering center and UTC's new research facility. Makes you wonder who is right and who is making unsubstantiated claims. I think the answer is kind of clear. Jay

Dan Haar: It looks like Boston is no cure-all landing spot - Connecticut Post

Boston is a great city, just moved from a city outside of it, but being there is not going to help a companies bottom line. Decision makers for those companies just wanted to be in a "hotter" city then where they were in CT. Bottom line, that is it. Because good luck with your commute into Boston or Cambridge, from any direction, and yes, you can attract more talent via the many universities there, but you are going to have to pay for it, because everyone in that area has options, and the talent work force there, knows it, and takes advantage of it. Very hard to hire good people up there right now who are unemployed where the employer holds all the cards, otherwise, if you are going to poach talent, you are going to pay for it, bye-bye bottom line.

If housing prices here continue to drop, you will see more people like myself, who are going to sell their 1400 SQ foot house, and come down here where you can 4x the square footage for prices you are never going to come close to getting unless you are a millionaire to start up there if you want to live within an hour commute of either city.

quick story: The company I work for used to be based on Long Island. They moved to PA years ago when someone very high up purchased land for a house in a town and decided the company needed to come with him. Now the company is based in PA.

[lvrpl]

Originally Posted by NUHuskies01

Boston is a great city, just moved from a city outside of it, but being there is not going to help a companies bottom line. Decision makers for those companies just wanted to be in a "hotter" city then where they were in CT. Bottom line, that is it. Because good luck with your commute into Boston or Cambridge, from any direction, and yes, you can attract more talent via the many universities there, but you are going to have to pay for it, because everyone in that area has options, and the talent work force there, knows it, and takes advantage of it. Very hard to hire good people up there right now who are unemployed where the employer holds all the cards, otherwise, if you are going to poach talent, you are going to pay for it, bye-bye bottom line.

If housing prices here continue to drop, you will see more people like myself, who are going to sell their 1400 SQ foot house, and come down here where you can 4x the square footage for prices you are never going to come close to getting unless you are a millionaire to start up there if you want to live within an hour commute of either city.

quick story: The company I work for used to be based on Long Island. They moved to PA years ago when someone very high up purchased land for a house in a town and decided the company needed to come with him. Now the company is based in PA.

So are you living in PA now? Or Connecticut?

[DigitalMilford]

Originally Posted by JayCT

Interesting take on GE and Alexion's moves to Boston and how little the moves have done for the company's bottom line and stock prices. Even more interesting was the comment made by another Connecticut CEO that his company has no problem finding or attracting talent in our state. This is on top of comments made by Travelers CEO that their tech center is in Hartford and they have no problem attracting workers, as well as Pratt & Whitney's recent opening of a $400 million engineering center and UTC's new research facility. Makes you wonder who is right and who is making unsubstantiated claims. I think the answer is kind of clear. Jay

Dan Haar: It looks like Boston is no cure-all landing spot - Connecticut Post

I think it's too early to tell. The move by GE was a long-term workforce investment. With the amount of innovation activity there, I think the hope proximity will put them more on the map.

[NUHuskies01]

Originally Posted by lvrpl

So are you living in PA now? Or Connecticut?

Me, CT. I worked in one of their minor buildings in MA, and due to my overall excellence, they have continued to let me do my job out of my new house in CT.

[robr2]

Originally Posted by DigitalMilford

I think it's too early to tell. The move by GE was a long-term workforce investment. With the amount of innovation activity there, I think the hope proximity will put them more on the map.

Exactly - saying it hasn't worked out after only a year it a little short sighted.

[BobNJ1960]

Originally Posted by robr2

Exactly - saying it hasn't worked out after only a year it a little short sighted.

[BPt111]

Malloy want to raise Ct taxes again they are not high enough

Malloy: Cut muny aid, raise sales tax - Connecticut Post

[Mike 75]

Originally Posted by BPt111

Malloy want to raise Ct taxes again they are not high enough

Malloy: Cut muny aid, raise sales tax - Connecticut Post

Just legalize weed, tax it and be done with all this.

Although in 6 months there will be another deficit hole to fill. This is what happens when you fix 1/3 of your budget for the foreseeable future and as a result are forced to cut everywhere else and/or raise taxes.

[BPt111]

Car taxes are going up starting December 15 in many CT towns and cities

[JayCT]

Originally Posted by BPt111

Malloy want to raise Ct taxes again they are not high enough

Malloy: Cut muny aid, raise sales tax - Connecticut Post

I don't think this is what Malloy wants to do. He is just telling the Legislature their options to reduce the deficit. I think this is a case of shooting the messenger. Jay