Monday, August 24, 2009.

We can’t really rev without job creation…

Here’s to hoping some of New England’s local policymakers saw this interesting piece in yesterday’s edition of the New London Day from their business editor, Anthony Cronin: “It’s anyone’s guess when the nation – and then Connecticut – will begin to rev the engine of economic growth. Let’s hope it’s sooner rather than later.

Because we can’t really rev without job creation. I recognize that in the early stages of recovery employers are reluctant to hire, favoring things like overtime to boost productivity and meet increasing demand.

Sooner or later, however, as demand rises for goods and services, there will be a need for more jobs. Based on this latest economic assessment, here in Connecticut we may be waiting for some time before that occurs.”

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