Posts Tagged ‘Economic Outlook’

Can the 66-Point Plan Guide Us To Prosperity?

Tuesday, January 5th, 2010

From the Hartford Courant:  With an aging population, rising poverty and few prospects for job growth, how can Connecticut improve its chances for future prosperity?

State economic development officials have put together a 66-point plan they say should serve as a guide for policy-setting and decision-making.

Check out the full story here.

Tax changes may be on R.I. horizon

Friday, October 23rd, 2009

From today’s Providence Journal: Governor Carcieri’s administration director, Gary Sasse, gave a roomful of state senators a list of “two to three things” to do over the next few months as the state tries to climb out of its financial abyss. The first was: “pray.

The next was: “Need positive attitude. No naysayers,” according to the notes kept by one of the senators at the meeting last week.

The third was a variation on a key piece of an ambitious proposal to solve deficit-racked California’s budget crisis: lower the tax burden on the wealthy, repeal sales taxes and replace the corporate profits tax with a new levy pegged to business revenues.

Fairfield County Business Journal: Think tank pans Connecticut

Thursday, September 3rd, 2009

From the Fairfield County Business Journal: An enviable performance during the recession notwithstanding, a new study puts Connecticut among the bottom feeders nationally for its economic performance leading up to this year.

…On income-related measures, Connecticut ranked sixth nationally as might be expected, but the state was pulled down by a woeful score on entrepreneurship measures, placing in the bottom five nationally; and scoring in the bottom dozen on net migration by more families leaving the state than coming in.